EANS-WpUEG: Software AG
Publication of the decision to make a public takeover
offer pursuant to Section 10 Paras. 1 and 3 in conjunction with Sections 29, 34
of the German Securities Acquisition and Takeover Act (Wertpapiererwerbs- und
Übernahmegesetz)
-------------------------------------------------------------------------------- Securities Acquisition and Takeover Act announcement transmitted by euro adhoc. The issuer is responsible for the content of this announcement. -------------------------------------------------------------------------------- Publication of the offer document under: http://www.softwareag.com/Corporate/inv_rel/default.asp offeror: Company: SAG Beteiligungs GmbH (currently still registered under the corporate name Kronen tausend445 GmbH) Address: Uhlandstraße 12, 64297 Darmstadt, Germany registered with the commercial register of the local court (Amtsgericht) Düsseldorf under registration no. HRB 61302 ISIN: DE 0003304002 offeree: Company: IDS Scheer Aktiengesellschaft Address: Altenkesseler Straße 17, 66115 Saarbrücken, Germany registered with the commercial register of the local court (Amtsgericht) Saarbrücken under registration no. HRB 11548 Ordinary shares: ISIN DE0006257009 (WKN: 625700)
Voluntary public takeover offer
The shares of the target company are admitted to trading on the Regulated Market (Prime Standard) of the Frankfurt Stock Exchange and are traded on the unofficial regulated market of all other German stock exchanges as well as on the electronic trading system XETRA.
The offer document and further information relating to the offer will be published on the internet at http://www.softwareag.com/corporate/inv_rel/default.asp.
On 13 July 2009, SAG Beteiligungs GmbH (currently still registered under the corporate name Kronen tausend445 GmbH) has decided to make an offer to the shareholders of IDS Scheer Aktiengesellschaft, Saarbrücken, to acquire their non-par value bearer shares in IDS Scheer Aktiengesellschaft, each share constituting a notional proportionate amount of EUR 1.00 in the registered share capital, by means of a voluntary public takeover offer against payment of a cash consideration of EUR 15.00 per non-par value share.
Apart from this, the offer will be made on and subject to the terms and conditions yet to be communicated in the offer document. In particular, it is likely to be made subject to clearance by the competent merger control authorities.
Professor Dr. Dr. h.c. mult. August-Wilhelm Scheer, the founder and chairman of the supervisory board of IDS Scheer Aktiengesellschaft, and Professor Dr. Alexander Pocsay, the co-founder and deputy chairman of the supervisory board of IDS Scheer Aktiengesellschaft, have undertaken to accept the offer for all shares in IDS Scheer Aktiengesellschaft held by them, i.e. for a total of 15,332,622 shares (approximately 47.68% of the share capital and the voting rights).
SAG Beteiligungs GmbH is a wholly-owned subsidiary of Software Aktiengesellschaft, Darmstadt.
Important information: This announcement is neither an offer to purchase, nor a solicitation of an offer to sell, shares. The final conditions and further provisions regarding the offer will be communicated in the offer document after the publication has been approved by the German Federal Financial Supervisory Authority (BaFin). SAG Beteiligungs GmbH reserves the right to change terms and conditions of the offer to the extent permissible under applicable law. Shareholders of IDS Scheer Aktiengesellschaft are strongly advised to read the offer document as well as all other documents in connection with the offer as soon as these are published, since these will contain important information.
Darmstadt, 13 July 2009
SAG Beteiligungs GmbH The Management
end of announcement euro adhoc --------------------------------------------------------------------------------
Further inquiry note:
Otmar F. Winzig,
Vice President, Head of Investor Relations & Compliance
Phone: +49-6151-92-1669
Email: otmar.winzig@softwareag.com
Branche: Software
ISIN: DE0003304002
WKN: 330400
Index: TecDAX, CDAX, HDAX, Prime All Share, Technologie All Share
Börsen: Frankfurt / regulated dealing/prime standard
Berlin / free trade
Hamburg / free trade
Stuttgart / free trade
Düsseldorf / free trade
Hannover / free trade
Original content of: Software AG, transmitted by news aktuell