WCM shareholders accept the takeover offer by TLG Immobilien

Tlg

TLG Immobilien hereby announces the final acceptance ratio at the end of the regular acceptance period with regard to its voluntary public takeover offer for WCM Beteiligungs- und Grundbesitz-Aktiengesellschaft (WCM): By the end of the acceptance period on 5 September 2017, 77.75% of the shareholders of WCM have accepted the offer.

 

As set out in the German Securities Acquisition and Takeover Act (Wertpapiererwerbs und Übernahmegesetz), this will now be followed by a further two-week opportunity for WCM shareholders who have not yet tendered their shares to exchange their shares (additional acceptance period). Additional WCM shares can now be tendered during the additional acceptance period from September 13, 2017, 0:00 hours (CEST) until September 26, 2017, 24:00 hours (midnight) (CEST). During this period, WCM shareholders can exchange for every 5.75 WCM shares one new share of TLG Immobilien.

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