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TKH secures 59.6% of all outstanding Augusta shares

  • Acceptance Period ended on 22 June 2012, Midnight (24.00 Central European Summer Time).
  • All offer conditions satisfied.
  • Additional acceptance period runs until 11 July 2012, Midnight (24.00 Central European Summer Time).


At the expiry of the acceptance period on 22 June 2012, the voluntary public takeover offer (“Offer”) by TKH Technologie Deutschland AG ("TKH“), an indirect 100-percent subsidiary of TKH Group N.V. (NYSE Euronext Amsterdam, AMS: TWEKA), was accepted for 53.34% of all outstanding shares of Augusta Technologie AG (ISIN DE000A0D6612 / WKN A0D 661 - "Augusta") (excluding treasury shares).


In addition, TKH acquired 6.18% of all outstanding Augusta shares outside the Offer and holds financial instruments, which entitle it to purchase 0.09% of all outstanding Augusta shares. In total, TKH has thus far secured 59.6% of all outstanding Augusta shares.


The offer condition of a minimum acceptance level of 50% plus one share in respect of all shares issued by Augusta as at the expiry of the acceptance period minus all treasury shares of Augusta has therefore been satisfied. All other offer conditions provided in the Offer Document (“Offer Document”), as amended on 6 June 2012, have also been satisfied.


Augusta shareholders who have not yet accepted the Offer may still accept it within the additional acceptance period, which will run until 11 July 2012, Midnight (24.00 Central European Summer Time).


TKH had announced its decision to launch the Offer to all shareholders of Augusta on 3 April 2012 and published the Offer Document on 11 May 2012.


Both the management board and the supervisory board of Augusta regard the Offer as strategically beneficial and the offer price as attractive. In their reasoned opinion published on 15 May 2012, both bodies support the Offer and recommend that Augusta shareholders accept it.


The Offer Document, in which the details of the voluntary public takeover offer are presented, as well as the documentation on the amendment of the Offer (“Offer Amendment”) have been published online at www.tkhgroup.com in German and as non-binding English translations.