EANS-News: C-QUADRAT Investment AG: Cubic (London) Limited announces the status of the Public Takeover Offer
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Mergers - Acquisitions - Takeovers
Cubic (London) Limited informed C-QUADRAT on the status of the Public Takeover
Offer as follows:
Free Float Shareholders have tendered 331.553 shares into the Mandatory Public
Offer of Cubic (London) Limited ("Cubic") until 14 June 2016, ie within the
intial offer term (The additional offer term runs through 12 October 2016). The
tendered shares correspond to 7.6% of the share capital of C-QUADRAT.
Foreign regulatory authorities, including the Financial Conduct Authority
("FCA"), London, have already approved the closing as to these tendered shares.
Cubic (London) Limited is using best efforts to obtain regulatory approval from
the Austrian Financial Market Authority ("FMA") prior to 28 June 2016 to allow
Closing with respect to the tendered shares already on 28 June 2016.
Closing as to 25.1% of C-QUADRAT Shares which Cubic acquired from Talanx in
parallel to the Public Takeover Offer has, as reported earlier, already taken
place on 13 June 2016. Closing of the Cubic/Talanx-Transaction was possible
since all regulatory approvals including that by the Austrian FMA and the FCA
London had been granted as of 10 June 2016.
Further inquiry note:
Andreas Wimmer
Schottenfeldgasse 20
A-1070 Vienna
Tel.: +43 1 515 66 316
E-Mail: a.wimmer@investmentfonds.at
www.c-quadrat.com
end of announcement euro adhoc
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company: C-QUADRAT Investment AG
Schottenfeldgasse 20
A-1070 Wien
phone: +43 1 515 66-0
FAX: +43 1 515 66-159
mail: c-quadrat@investmentfonds.at
WWW: www.c-quadrat.com
sector: Financial & Business Services
ISIN: AT0000613005
indexes: Standard Market Auction
stockmarkets: official market: Frankfurt, Wien
language: English
Original-Content von: C-QUADRAT Investment AG, übermittelt durch news aktuell