18.05.2016
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DGAP-WpÜG: Takeover Offer;
Target company: KUKA AG; Bidder: MECCA International (BVI) Limited
Dissemination of an announcement according to the German Securities
Acquisition and Takeover Act (WpÜG), transmitted by DGAP - a service of
EQS Group AG.
The bidder is solely responsible for the content of this announcement.
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Publication of the decision to launch a public takeover offer in accordance
with § 10 para. 1 sentence 1 in conjunction with § 29 para. 1 and § 34 of
the German Securities Acquisition and Takeover Act
Bidder:
MECCA International (BVI) Limited
c/o Tricor Service (BVI) Limited
P.O. Box 3340
Road Town, Tortola
British Virgin Islands
Target Company:
KUKA Aktiengesellschaft
Zugspitzstraße 140
86165 Augsburg
Germany
registered with the commercial register of the local court of Augsburg
under HRB 22709.
ISIN: DE0006204407
The publication of the offer document will be made on the internet under
http://www.partnershipinrobotics.com upon approval by the German Federal
Financial Supervisory Authority (Bundesanstalt für
Finanzdienstleistungsaufsicht).
Information of the Bidder:
MECCA International (BVI) Limited, an entity indirectly owned by Midea
Group Co., Ltd., decided to offer to the shareholders of KUKA
Aktiengesellschaft by way of a voluntary public takeover offer to acquire
their no-par value bearer shares in KUKA Aktiengesellschaft, each
representing a notional amount of EUR 2.60 in the registered share capital
(ISIN: DE0006204407), against payment of a cash consideration of EUR 115.00
per share.
The completion of the takeover offer will be subject to certain conditions.
These will include, in particular, a minimum acceptance condition of 30% of
the issued shares of KUKA Aktiengesellschaft, receipt of necessary
antitrust and other regulatory clearances and the approval of the
shareholders' general meeting of Midea Group Co., Ltd.. Apart from this,
the offer will be made on and subject to the terms and conditions yet to be
communicated in the offer document.
Important information:
This announcement neither represents an offer to purchase or sell nor a
solicitation of an offer to purchase or sell shares in KUKA
Aktiengesellschaft. The final terms and conditions of the offer will be
published in the offer document after the approval by the German Federal
Financial Supervisory Authority (Bundesanstalt für
Finanzdienstleistungsaufsicht). MECCA International (BVI) Limited reserves
the right to deviate from the basic terms presented herein in the final
terms and conditions. Investors and holders of shares in KUKA
Aktiengesellschaft are strongly advised to read any relevant documents in
connection with the voluntary public takeover offer as soon as such
documents will be published as they will contain important information.
Tortola, 18 May 2016
MECCA International (BVI) Limited
Board of Directors
End of WpÜG announcement
The 18.05.2016DGAP Distribution Services include Regulatory Announcements,
Financial/Corporate News and Press Releases.
Media archive at www.dgap-medientreff.de and www.dgap.de
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Listed: Regulierter Markt in Berlin, Frankfurt (Prime Standard), München;
Freiverkehr in Düsseldorf, Hamburg, Hannover, Stuttgart
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