DGAP-Ad-hoc: zooplus AG / Key word(s): Offer/Offer
zooplus AG - Publication of inside information according to Article 17 of the Regulation (EU) No 596/2014
Concurrently, Zorro Bidco S.à r.l. (the "Bidder") will launch a voluntary public takeover offer ("Takeover Offer") to the shareholders of zooplus AG for the acquisition of their no-par value bearer shares (auf den Inhaber lautende Stückaktien) in zooplus AG (ISIN DE0005111702) ("zooplus Shares") for a cash consideration of EUR 390 per zooplus Share. The consummation of the Takeover Offer will be subject to certain conditions, which will include reaching a minimum acceptance threshold of 50% plus one share of zooplus Shares, granting of merger control and foreign investment clearances and other customary conditions.
The management board and the supervisory board of zooplus AG welcome the Takeover Offer. Subject to detailed review of the offer document, the members of the management board and supervisory board support the Takeover Offer and intend to recommend to accept it.
Finsbury Glover Hering
13-Aug-2021 CET/CEST The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases.
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1226257 13-Aug-2021 CET/CEST