EQS GROUP AG EQS-News: Pineapple German Bidco GmbH determines cash compensation for the squeeze-out at EQS Group AG to be EUR 40 per share
Transparency directive : regulatory news
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EQS-News: EQS Group AG
/ Key word(s): Squeeze Out
Munich, June 12, 2024 – Pineapple German Bidco GmbH, a holding company controlled by funds managed and/or advised by Thoma Bravo, L.P., today has confirmed and specified its request dated March 1, 2024, to transfer the shares of the remaining shareholders of EQS Group AG (minority shareholders) to Pineapple German Bidco GmbH. By way of a squeeze-out procedure pursuant to sections 327a et seqq. of the German Stock Corporation Act (Aktiengesetz), Pineapple German Bidco GmbH, as main shareholder of EQS Group AG, will acquire the shares of the minority shareholders. It has informed EQS Group AG that it determined the amount of the cash compensation for the transfer of the shares to be EUR 40.00 per share. The transfer resolution required for the squeeze-out shall be resolved upon at this year’s annual general meeting of EQS Group AG which in due course shall be convened for July 30, 2024.
12.06.2024 CET/CEST Dissemination of a Corporate News, transmitted by EQS News - a service of EQS Group AG. |
| Language: | English |
| Company: | EQS Group AG |
| Karlstraße 47 | |
| 80333 Munich | |
| Germany | |
| Phone: | +49(0)89 444 430050 |
| Fax: | +49(0)89 444 430-049 |
| E-mail: | info@eqs.com |
| Internet: | www.eqs.com |
| Indices: | Scale |
| EQS News ID: | 1923857 |
| End of News | EQS News Service |
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1923857 12.06.2024 CET/CEST
source : webdisclosure.com