29.10.2014 Curanum AG  DE0005240709

DGAP-Adhoc: Curanum AG: Specification of the Squeeze-Out Request, Determination of Cash Compensation and Merger


 
Curanum AG / Key word(s): Squeeze Out 29.10.2014 16:50 Dissemination of an Ad hoc announcement according to § 15 WpHG, transmitted by DGAP - a service of EQS Group AG. The issuer is solely responsible for the content of this announcement. --------------------------------------------------------------------------- / Today, Korian Deutschland AG, Munich, has notified the Management Board of Curanum AG that it confirms and specifies its squeeze-out request, dated 15 July 2014. Korian Deutschland AG has determined a cash compensation for the transfer of the shares held by minority shareholders of Curanum AG to Korian Deutschland AG (as principal shareholder) in the merger squeeze-out proceedings pursuant to Sec. 62 (5) of the German Act on Corporate Reorganizations (UmwG), Secs. 327a et seq. of the German Stock Corporation Act (AktG) equal to an amount of EUR 3.03 for each no-par value bearer share of Curanum AG. The representatives of Curanum AG and Korian Deutschland AG have agreed on a draft of the merger agreement, according to which Curanum AG would, upon such transfer, be merged into Korian Deutschland AG. It is intended that the merger agreement will be notarized, after the final approval of the management board and the approval of the supervisory board, on 5 November 2014. The squeeze-out resolution is envisaged to be adopted in an extraordinary shareholders' meeting of Curanum AG on 19 December 2014. Munich, 29 October 2014 Curanum AG The Management Board 29.10.2014 The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases. Media archive at www.dgap-medientreff.de and www.dgap.de --------------------------------------------------------------------------- Language: English Company: Curanum AG Zirkus-Krone-Straße 10 80335 München Germany Phone: +49 (0)89 2420 65-0 Fax: +49 (0)89 2420 65-10 E-mail: [email protected] Internet: www.curanum.de ISIN: DE0005240709 WKN: 524070 Indices: Prime Standard Listed: Regulierter Markt in Frankfurt (Prime Standard), München; Freiverkehr in Berlin, Düsseldorf, Hamburg, Hannover, Stuttgart End of Announcement DGAP News-Service ---------------------------------------------------------------------------