TDS Informationstechnologie AG: Proposed squeeze-out on the instructions of Fujitsu Services Overseas Holdings Limited
TDS Informationstechnologie AG / Key word(s): Squeeze Out
30.12.2011 12:08
Dissemination of an Ad hoc announcement according to § 15 WpHG, transmitted
by DGAP - a company of EquityStory AG.
The issuer is solely responsible for the content of this announcement.
---------------------------------------------------------------------------
Fujitsu Services Overseas Holdings Limited, London, UK, today informed the
Executive Board of TDS Informationstechnologie AG (WKN 508560/ISIN
DE0005085609), Neckarsulm, Germany, that it possesses in excess of 95
percent of TDS Informationstechnologie AG share capital, and that it
intends to enforce the transfer of the remaining minority shareholdings to
Fujitsu Services Overseas Holdings Limited in return for suitable cash
compensation (a squeeze-out).
By its own statement, Fujitsu Services Overseas Holdings Limited is
currently preparing the execution of the squeeze-out in accordance with the
provisions of Section 327a ff. of the German Stock Corporation Act (AktG).
Fujitsu Services Overseas Holdings Limited will submit the formal request
for the convening of a corresponding shareholders' meeting in accordance
with Section 327a Subsection 1 Sentence 1 AktG to the Executive Board at
the appropriate time.
It is proposed to submit the corresponding motion to the vote at an
extraordinary meeting of shareholders in the first half of 2012.
30.12.2011 DGAP's Distribution Services include Regulatory Announcements,
Financial/Corporate News and Press Releases.
Media archive at www.dgap-medientreff.de and www.dgap.de
---------------------------------------------------------------------------
Language: English
Company: TDS Informationstechnologie AG
Konrad-Zuse-Straße 16
74172 Neckarsulm
Germany
Phone: +49 (0)7132 3 66-1200
Fax: +49 (0)7132 3 66-11 88
E-mail: investor@tds.fujitsu.com
Internet: www.tds.fujitsu.com
ISIN: DE0005085609, DE0008164286
WKN: 508560, 816428
Listed: Regulierter Markt in Frankfurt (General Standard);
Freiverkehr in Berlin, Düsseldorf, Hamburg, München,
Stuttgart
End of Announcement DGAP News-Service
---------------------------------------------------------------------------
TDS Informationstechnologie AG / Key word(s): Squeeze Out
30.12.2011 12:08
Dissemination of an Ad hoc announcement according to § 15 WpHG, transmitted
by DGAP - a company of EquityStory AG.
The issuer is solely responsible for the content of this announcement.
---------------------------------------------------------------------------
Fujitsu Services Overseas Holdings Limited, London, UK, today informed the
Executive Board of TDS Informationstechnologie AG (WKN 508560/ISIN
DE0005085609), Neckarsulm, Germany, that it possesses in excess of 95
percent of TDS Informationstechnologie AG share capital, and that it
intends to enforce the transfer of the remaining minority shareholdings to
Fujitsu Services Overseas Holdings Limited in return for suitable cash
compensation (a squeeze-out).
By its own statement, Fujitsu Services Overseas Holdings Limited is
currently preparing the execution of the squeeze-out in accordance with the
provisions of Section 327a ff. of the German Stock Corporation Act (AktG).
Fujitsu Services Overseas Holdings Limited will submit the formal request
for the convening of a corresponding shareholders' meeting in accordance
with Section 327a Subsection 1 Sentence 1 AktG to the Executive Board at
the appropriate time.
It is proposed to submit the corresponding motion to the vote at an
extraordinary meeting of shareholders in the first half of 2012.
30.12.2011 DGAP's Distribution Services include Regulatory Announcements,
Financial/Corporate News and Press Releases.
Media archive at www.dgap-medientreff.de and www.dgap.de
---------------------------------------------------------------------------
Language: English
Company: TDS Informationstechnologie AG
Konrad-Zuse-Straße 16
74172 Neckarsulm
Germany
Phone: +49 (0)7132 3 66-1200
Fax: +49 (0)7132 3 66-11 88
E-mail: investor@tds.fujitsu.com
Internet: www.tds.fujitsu.com
ISIN: DE0005085609, DE0008164286
WKN: 508560, 816428
Listed: Regulierter Markt in Frankfurt (General Standard);
Freiverkehr in Berlin, Düsseldorf, Hamburg, München,
Stuttgart
End of Announcement DGAP News-Service
---------------------------------------------------------------------------