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Siltronic AG: Siltronic publishes supplementary reasoned statement on GlobalWafers' amended tender offer and continues to recommend acceptance of the offer

·3-min read

DGAP-News: Siltronic AG / Key word(s): Statement/Offer
27.01.2021 / 18:21
The issuer is solely responsible for the content of this announcement.

Press Release

Siltronic AG

Einsteinstrasse 172

81677 Munich

Germany

www.siltronic.com

Siltronic publishes supplementary reasoned statement on GlobalWafers' amended tender offer and continues to recommend acceptance of the offer

Munich, January 27, 2021 - The Executive Board and Supervisory Board of Siltronic AG today published their supplementary joint reasoned statement in response to the amended offer document announced by GlobalWafers GmbH on January 25, 2021. GlobalWafers GmbH is a subsidiary of GlobalWafers Co, Ltd. of Taiwan. The offer document relates to the offer by GlobalWafers to acquire all shares in Siltronic AG at an increased offer price of EUR 145 per share in cash.

The supplementary joint reasoned statement, together with the reasoned statement which was already published on December 22, 2020, sets out in detail the underlying aspects and overall circumstances on which the Executive Board and the Supervisory Board have based their recommendation to Siltronic shareholders to accept the offer. As a result of the amendment to the offer, the acceptance period ends on February 10, 2021, 24:00 hours (CET).

The supplementary joint reasoned statement is published on Siltronic's website https://www.siltronic.com/en/investors/information-regarding-tender-offer-by-globalwafers.html (non-binding English translation).

The binding German version is available at https://www.siltronic.com/de/investoren/informationen-zum-uebernahmeangebot-durch-globalwafers.html.

Only the supplementary joint reasoned statement together with the joint reasoned statement of the Executive Board and Supervisory Board dated December 22, 2020 are authoritative.

The information in this press release does not constitute explanations or supplements to the contents in these statements.

 

Contact:

Petra Müller
Head of Investor Relations & Communications
tel.: +49 (0)89 8564 3133
Email: investor.relations@siltronic.com

Company profile:

Siltronic is one of the world's largest manufacturers of hyperpure silicon wafers and partner to many leading semiconductor companies. The company operates production sites in Asia, Europe and the USA. Siltronic develops and manufactures silicon wafers in diameters of up to 300 mm. Silicon wafers form the basis for modern microelectronics and nanoelectronics and are a key component in semiconductor chips driving computers, smartphones, navigation systems and many other applications. Siltronic AG employs around 3,600 people and is a stock-listed company in Germany (Prime Standard). Siltronic shares are included in the MDAX and TecDAX.


27.01.2021 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:

Siltronic AG

Einsteinstr. 172 - Tower B / Blue Tower

81677 Munich

Germany

Phone:

+49 89 8564 3133

Fax:

+49 89 8564-3904

E-mail:

investor.relations@siltronic.com

Internet:

www.siltronic.com

ISIN:

DE000WAF3001

WKN:

WAF300

Indices:

MDAX, TecDAX

Listed:

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

EQS News ID:

1163836


 

End of News

DGAP News Service

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