RENK AG / Key word(s): Squeeze Out/Funds
Augsburg, 7 October 2020. Rebecca BidCo AG (formerly: Rebecca BidCo GmbH) („Rebecca BidCo") today notified Renk Aktiengesellschaft („RENK"), that it holds RENK shares repre-senting more than 90% of RENK's registered share capital. At the same time, Rebecca BidCo submitted the request pursuant to Sec. 62 para. 1 und para. 5 of the German Transformation Act (UmwG) in conjunction with Sec. 327a para. 1 sentence 1 of the German Stock Corporation Act (AktG) that RENK's general shareholders' meeting shall resolve to transfer the shares of the remaining shareholders (minority shareholders) to Rebecca BidCo in exchange for an adequate cash compensation in connection with a merger of RENK into Rebecca BidCo (merger squeeze-out - verschmelzungsrechtlicher Squeeze-out).
07-Oct-2020 CET/CEST The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases.
Gögginger Straße 73
Regulated Market in Munich; Regulated Unofficial Market in Berlin, Frankfurt (Basic Board), Stuttgart
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