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RIB Software SE: Squeeze-out of minority shareholders registered with the commercial register

·2-min read

DGAP-News: RIB Software SE / Key word(s): Squeeze Out
14.12.2021 / 12:30
The issuer is solely responsible for the content of this announcement.

RIB Software SE: Squeeze-out of minority shareholders registered with the commercial register

Stuttgart, December 14, 2021: RIB Software SE (the "Company") announces the registration in the commercial register on December 14, 2021 of the resolution by the Company's extraordinary shareholders' meeting of November 3, 2021 to the effect that, in accordance with secs. 327a et seq. German Stock Corporation Act(AktG), the Company's shares held by other shareholders (minority shareholders) are transferred to Schneider Electric Investment AG, Düsseldorf, (majority shareholder) against payment of an adequate cash consideration in the amount of 41.72 Euro for each registered share with nominal value in the Company.

Upon registration of the transfer resolution with the commercial register, all shares held by minority shareholders are transferred to the majority shareholder by act of law.

The stock exchange listing of the shares in RIB Software SE is expected to be terminated in the nearby future. Further details regarding the payment procedure for the cash consideration will be provided in the context of a forthcoming announcement by Schneider Electric Investment AG in the German Federal Gazette (Bundesanzeiger).


14.12.2021 Dissemination of a Corporate News, transmitted by DGAP - a service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.

The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases.
Archive at www.dgap.de

Language:

English

Company:

RIB Software SE

Vaihinger Str. 151

70567 Stuttgart

Germany

Phone:

+49 (0)711-7873-0

Fax:

+49 (0)711-7873-311

E-mail:

info@rib-software.com

Internet:

www.rib-software.com

ISIN:

DE000A0Z2XN6

WKN:

A0Z2XN

Listed:

Regulated Market in Frankfurt (Prime Standard); Regulated Unofficial Market in Berlin, Dusseldorf, Hamburg, Munich, Stuttgart, Tradegate Exchange

EQS News ID:

1257710


 

End of News

DGAP News Service

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