DGAP-News: zooplus AG
/ Key word(s): Offer/Delisting
Delisting tender offer for zooplus by Hellman & Friedman with support of EQT to expire on January 12, 2022
Munich, January 6, 2022 - zooplus, the leading European online pet platform, would like to remind its remaining shareholders that the acceptance period for the delisting tender offer of Hellman & Friedman ("H&F") with support of its partner EQT Private Equity ("EQT") at a cash consideration of EUR 480 per share will expire on January 12, 2022, 24:00 hrs CET. For zooplus shareholders, this is the last opportunity to benefit from a significant premium of 85 percent compared to the unaffected 3 months VWAP of the zooplus shares as of August 12, 2021 (the last trading day prior to the publication of the decision to make the previous voluntary public takeover offer by H&F). As of today, 90.01 percent of zooplus' share capital have been tendered into Zorro Bidco's - H&F's investment vehicle - voluntary public takeover and delisting tender offer.
The delisting tender offer is not subject to any (closing) conditions. On its basis, zooplus has applied for the revocation of the admission of the zooplus shares to trading on the regulated market of the Frankfurt Stock Exchange (delisting). The delisting may detrimentally affect the ability to trade zooplus shares as well as their stock exchange price. The delisting is expected to become effective as of the expiry of the acceptance period on January 12, 2022, 24:00 hrs CET.
zooplus boards support delisting offer
For further information about zooplus, please visit investors.zooplus.com or our international shop site at zooplus.com.
Press / Investor relations contact:
Finsbury Glover Hering
06.01.2022 Dissemination of a Corporate News, transmitted by DGAP - a service of EQS Group AG.
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|Listed:||Regulated Market in Frankfurt (Prime Standard); Regulated Unofficial Market in Berlin, Dusseldorf, Hamburg, Hanover, Munich, Stuttgart, Tradegate Exchange|
|EQS News ID:||1265274|
|End of News||DGAP News Service|