VOLTAGE BIDCO GMBH Carlyle announces start of acceptance period for public delisting offer for Schaltbau

Directive transparence : information réglementée

16/11/2021 16:09

DGAP-News: Voltage BidCo GmbH / Key word(s): Delisting/Mergers & Acquisitions
Carlyle announces start of acceptance period for public delisting offer for Schaltbau

16.11.2021 / 16:09
The issuer is solely responsible for the content of this announcement.

Carlyle announces start of acceptance period for public delisting offer for Schaltbau

  • Acceptance period commences today and ends on December 14, 2021
  • Offer price amounts to EUR 53.50 per share
  • Planned delisting will adversely affect the ability to trade Schaltbau shares

Munich, November 16, 2021. - Voltage BidCo GmbH ("Voltage BidCo") today published the offer document for the public delisting tender offer (the "Delisting Offer") to all shareholders of Schaltbau Holding AG ("Schaltbau" or the "Company") for all outstanding Schaltbau shares not already held by Voltage BidCo. Voltage BidCo is a wholly-owned subsidiary of funds advised by The Carlyle Group ("Carlyle").

As of today, Schaltbau shareholders can accept the Delisting Offer by tendering their shares at an offer price of EUR 53.50 in cash per Schaltbau share. Schaltbau shareholders who wish to accept the Delisting Offer should contact their respective custodian bank or any other securities services company where their Schaltbau shares are being held. The acceptance period will end at midnight (CET) on December 14, 2021.

The planned delisting may have extensive and lasting consequences for the Schaltbau shares and remaining shareholders of Schaltbau. Schaltbau shareholders who do not accept the Delisting Offer will, after effectiveness of the delisting application, no longer have access to a regulated market for the Schaltbau shares, which may detrimentally affect the ability to trade in Schaltbau shares. Furthermore, it cannot be ruled out that the stock market price for Schaltbau shares will be negatively affected by the application for and the effectiveness of the delisting.

The Delisting Offer is not subject to any conditions. The acceptance period is four weeks. The Delisting Offer is made on and subject to the terms set out in the offer document, the publication of which has been permitted by the German Federal Financial Supervisory Authority (Bundesanstalt für Finanzdienstleistungsaufsicht, BaFin). The offer document is available in German and in the form of a non-binding English convenience translation, alongside other information relating to the Delisting Offer, on the following website:


Copies of the German offer document and English convenience translations can be obtained free of charge through the settlement agent for the Delisting Offer, UniCredit Bank AG, MFM1EG, Arabellastraße 14, 81925 Munich, Germany (inquiries with specification of the complete postal address by fax at +49 (0)89 378-44081 or by email at tender-offer@unicredit.de).


Press Enquiries:

Andrew Kenny, +44 7816 176120, andrew.kenny@carlyle.com
Katharina Gebsattel, +49 172 718 68 57, katharina.gebsattel@vub.de

Lutz Golsch, FTI Consulting, +49 173 6517710, lutz.golsch@fticonsulting.com

About Carlyle

Carlyle (NASDAQ: CG) is a global investment firm with deep industry expertise that deploys private capital across three business segments: Global Private Equity, Global Credit and Global Investment Solutions. With $293 billion of assets under management as of September 30, 2021, Carlyle's purpose is to invest wisely and create value on behalf of its investors, portfolio companies and the communities in which we live and invest. Carlyle employs more than 1,800 people in 26 offices across five continents.

Further information is available at www.carlyle.com.

Follow Carlyle on Twitter @OneCarlyle.

Important Notice

This announcement is neither an offer to purchase nor a solicitation of an offer to sell shares in the Company. The Delisting Offer itself as well as its terms and further provisions concerning the Delisting Offer are set out in the offer document. Investors and shareholders of the Company are strongly advised to thoroughly read the offer document and all other relevant documents regarding the Delisting Offer.

The Delisting Offer will exclusively be subject to the laws of the Federal Republic of Germany and certain applicable provisions of securities laws of the United States of America. Any agreement that is entered into as a result of accepting the Delisting Offer will be exclusively governed by the laws of the Federal Republic of Germany and is to be interpreted in accordance with such laws.

16.11.2021 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.

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