Ad hoc: ESSANELLE HAIR GROUP AG: Exclusion of minority shareholders and merger of ESSANELLE HAIR GROUP AG into HairGroup AG now effective

Dienstag, 12.08.2014 15:10 von DGAP - Aufrufe: 425

ESSANELLE HAIR GROUP AG / Key word(s): Squeeze Out 12.08.2014 15:07 Dissemination of an Ad hoc announcement according to § 15 WpHG, transmitted by DGAP - a service of EQS Group AG. The issuer is solely responsible for the content of this announcement.
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Exclusion of minority shareholders and merger of ESSANELLE HAIR GROUP AG into HairGroup AG now effective 12.08.2014 The merger of ESSANELLE HAIR GROUP AG, Düsseldorf, into HairGroup AG, Düsseldorf, took effect today by way of inclusion in the Commercial Register entry of HairGroup AG. ESSANELLE HAIR GROUP AG is thus now defunct. At the same time, the resolution adopted by the Annual General Meeting of ESSANELLE HAIR GROUP AG on 27 June 2014 concerning the transfer of shares held by minority shareholders in ESSANELLE HAIR GROUP AG to HairGroup AG in return for an appropriate level of cash compensation, amounting to EUR 11.27 per no-par bearer share in ESSANELLE HAIR GROUP AG, pursuant to § 62 (5) of the German Commutation Act (UmwG) in conjunction with § 327a et seq. of the German Stock Corporation Act (AktG) has also become effective (commutation squeeze-out). As a result, all of the shares held by minority shareholders in ESSANELLE HAIR GROUP AG have been transferred to HairGroup AG. Stock market trading with shares in ESSANELLE HAIR GROUP AG will initially be suspended without delay and then discontinued in the near future. Any stock market trading taking place prior to such measure merely constitutes trading with the cash compensation claims of minority shareholders. In respect of the execution of these measures, reference is made to the announcement concerning the squeeze-out due to be published shortly by HairGroup AG in the Federal Gazette (Bundesanzeiger). Contact: Michael Müller, Instinctif Partners, 0221-42075-27, michael.mueller@instinctif.com 12.08.2014 The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases. Media archive at www.dgap-medientreff.de and www.dgap.de
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Language: English Company: ESSANELLE HAIR GROUP AG Himmelgeister Straße 103-105 40225 Düsseldorf Germany Phone: +49 (0)2156-492 8266 Fax: +49 (0)221-4207559 E-mail: investor@essanelle-hair-group.com Internet: www.essanelle.de ISIN: DE0006610314 WKN: 661031 Listed: Regulierter Markt in Frankfurt (Prime Standard); Freiverkehr in Berlin, Düsseldorf, Hamburg, München, Stuttgart End of Announcement DGAP News-Service
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