UK Markets open in 4 hrs 30 mins
  • NIKKEI 225

    27,590.68
    -379.54 (-1.36%)
     
  • HANG SENG

    25,121.61
    +35.18 (+0.14%)
     
  • CRUDE OIL

    72.03
    +0.38 (+0.53%)
     
  • GOLD FUTURES

    1,801.40
    +1.60 (+0.09%)
     
  • DOW

    35,058.52
    -85.79 (-0.24%)
     
  • BTC-GBP

    28,689.03
    +1,881.92 (+7.02%)
     
  • CMC Crypto 200

    934.78
    +58.55 (+6.68%)
     
  • Nasdaq

    14,660.58
    -180.14 (-1.21%)
     
  • ^FTAS

    4,010.29
    -15.70 (-0.39%)
     

STS Group AG: Adler Pelzer publishes decision to make a voluntary takeover offer in combination with a delisting tender offer

·2-min read

STS Group AG / Key word(s): Offer/Delisting
STS Group AG: Adler Pelzer publishes decision to make a voluntary takeover offer in combination with a delisting tender offer

29-Jun-2021 / 17:22 CET/CEST
Disclosure of an inside information acc. to Article 17 MAR of the Regulation (EU) No 596/2014, transmitted by DGAP - a service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.

STS Group AG: Adler Pelzer publishes decision to make a voluntary takeover offer in combination with a delisting tender offer

Hallbergmoos/Munich, 29 June 2021. STS Group AG (ISIN: DE000A1TNU68), a global system supplier for the automotive industry listed in the General Standard of the Frankfurt Stock Exchange, has today been informed about the publication of the decision to make a voluntary takeover offer to the shareholders of STS Group AG from Adler Pelzer Holding GmbH according to Section 29 (1) in conjunction with Section 10 (3) of the German Securities Acquisition and Takeover Act (Wertpapiererwerbs- und Übernahmegesetz, WpÜG).

The takeover offer also includes a delisting tender offer (Section 39 (2) and (3) of the German Stock Exchange Act [BörsG]) to enable the revocation of the admission of all of the shares of STS Group AG to trading on the Regulated Market of the Frankfurt Stock Exchange. However, as of yet neither the management board nor the supervisory board of STS Group AG have passed corresponding resolutions, nor is there an agreement regarding the delisting with Adler Pelzer Holding GmbH as Bidder.


STS Group AG
Stefan Hummel
Head of Investor Relations
Zeppelinstrasse 4
85399 Hallbergmoos
+49 (0) 170 1810765
ir@sts.group
www.sts.group

29-Jun-2021 CET/CEST The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases.
Archive at www.dgap.de

Language:

English

Company:

STS Group AG

Zeppelinstraße 4

85399 Hallbergmoos

Germany

Phone:

+49 (0)811 124494 0

E-mail:

ir@sts.group

Internet:

https://sts.group

ISIN:

DE000A1TNU68

WKN:

A1TNU6

Listed:

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

EQS News ID:

1213406


 

End of Announcement

DGAP News Service

show this
show this
Our goal is to create a safe and engaging place for users to connect over interests and passions. In order to improve our community experience, we are temporarily suspending article commenting