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SILTRONIC AG (FRA:DE000WAF) Siltronic AG: No progress on the German investment review of the public takeover by GlobalWafers

Transparency directive : regulatory news

14/01/2022 20:36

DGAP-Ad-hoc: Siltronic AG / Key word(s): Offer
Siltronic AG: No progress on the German investment review of the public takeover by GlobalWafers

14-Jan-2022 / 20:36 CET/CEST
Disclosure of an inside information acc. to Article 17 MAR of the Regulation (EU) No 596/2014, transmitted by DGAP - a service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.



Ad hoc announcement / Disclosure of an inside information according to Article 17 MAR

Siltronic AG
Einsteinstraße 172
81677 Munich
www.siltronic.com

No progress on the German investment review of the public takeover by GlobalWafers

Germany, Munich, January 14, 2022 - In light of current market reports, Siltronic AG announces: The representatives of Siltronic AG and GlobalWafers GmbH have, during recent discussions with representatives of the German Federal Ministry for Economic Affairs and Climate Action (BMWK formerly BMWi), still not received any information as to whether and under which conditions a clearance (certificate of non-objection) for the public takeover of Siltronic AG by GlobalWafers may be issued.

In the BMWK's view, in this case, a mitigation agreement is apparently not suitable to mitigate concerns with respect to the transaction, and the BMWK has not communicated specific commitments or conditions, under which a clearance decision (certificate of non-objection) could be issued.

The public takeover offer of GlobalWafers GmbH provides that all closing conditions have to be fulfilled until January 31, 2022. The transaction cannot be closed if the BMWK does not issue the clearance decision (certificate of non-objection) on or before January 31, 2022.

Siltronic will announce the preliminary financial figures for the financial year 2021 on February 2, 2022 (previously January 26, 2022).

Additional information

ISIN: DE000WAF3001 / DE000WAF3019
WKN: WAF300 / WAF301
Deutsche Boerse: WAF
Trading: Amtlicher Markt (Prime Standard),
Frankfurter Wertpapierbörse

Contact:
Dr. Rupert Krautbauer
Head of Investor Relations & Communications
Tel.: +49 (0)89 8564 3133
E-Mail: investor.relations@siltronic.com

 

Important Information
This adhoc announcement contains statements related to our future business and financial performance and future events or developments involving Siltronic that may constitute forward-looking statements. These statements may be identified by words such as "expect," "look forward to," "anticipate" "intend," "plan," "believe," "seek," "estimate," "will," "project" or words of similar meaning. Such statements are based on the current expectations and certain assumptions of the Siltronic-management, of which many are beyond the control of Siltronic. These are subject to a number of risks, uncertainties and factors. Should one or more of these risks or uncertainties materialize, or should underlying expectations not occur or assumptions prove incorrect, actual results, performance or achievements of Siltronic may (negatively or positively) vary materially from those described explicitly or implicitly in the relevant forward-looking statement. Siltronic neither intends, nor assumes any obligation, to update or revise these forward-looking statements in light of developments which differ from those anticipated.


14-Jan-2022 CET/CEST The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases.
Archive at www.dgap.de


Language: English
Company: Siltronic AG
Einsteinstr. 172
81677 Munich
Germany
Phone: +49 89 8564 3133
Fax: +49 89 8564-3904
E-mail: investor.relations@siltronic.com
Internet: www.siltronic.com
ISIN: DE000WAF3001
WKN: WAF300
Indices: SDAX, TecDAX
Listed: Regulated Market in Frankfurt (Prime Standard); Regulated Unofficial Market in Berlin, Dusseldorf, Stuttgart, Tradegate Exchange
EQS News ID: 1269148

 
End of Announcement DGAP News Service

1269148  14-Jan-2022 CET/CEST

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