EANS-Adhoc: C-QUADRAT Investment AG
F&C will not make a public takeover offer
to the shareholders of C-QUADRAT
26.03.2010 – 09:09
-------------------------------------------------------------------------------- ad-hoc disclosure transmitted by euro adhoc with the aim of a Europe-wide distribution. The issuer is solely responsible for the content of this announcement. --------------------------------------------------------------------------------
Company Information
26.03.2010
Vienna/Frankfurt, 26.03.2010. C-QUADRAT Investment AG has been notified today by F&C Asset Management plc ("F&C") that F&C has decided not to proceed with its potential offer for the shares in C-QUADRAT Investment AG ("C-QUADRAT") (ISIN: AT0000613005) in respect of which it submitted an offer document to the Austrian Takeover Commission on Monday 22 March 2010.
C-QUADRAT has not received any official statement from F&C commenting its decision so far.
As a consequence, the exclusion period pursuant to sec 21 Austrian Takeover Act applies and F&C is excluded from making a takeover offer and from acquiring shares that could trigger an obligation to make an offer for a period of one year.
end of announcement euro adhoc --------------------------------------------------------------------------------
Further inquiry note:
Andreas Wimmer
Member of the Board
C-QUADRAT Investment AG
Stubenring 2
A-1010 Wien
Tel.: +43 1 515 66 316
Mail: a.wimmer@investmentfonds.at
www.c-quadrat.com
Branche: Financial & Business Services
ISIN: AT0000613005
WKN:
Index: Standard Market Auction
Börsen: Frankfurt / official market
Wien / official market
Original content of: C-QUADRAT Investment AG, transmitted by news aktuell