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
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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