on SNP Schneider-Neureither & Partner AG (ETR:SHF)
SNP Schneider-Neureither & Partner SE Announces Settlement and Compensation Details
SNP Schneider-Neureither & Partner SE has revealed the expected amounts for settlement and compensation payments under a planned control and profit transfer agreement. The Supervisory Board approved the agreement with main shareholder Succession German Bidco GmbH, controlled by The Carlyle Group. The settlement payment is set at EUR 61.00 per SNP share.
An annual compensation payment of EUR 3.95 per share, less corporate income tax, is also part of the agreement. This translates to a net compensation of EUR 3.65 per share. These amounts were determined following an expert opinion by ValueTrust Financial Advisors Deutschland GmbH.
The agreement's appropriateness was confirmed by A&M GmbH Wirtschaftsprüfungsgesellschaft, serving as the contract auditor. A resolution proposal for this agreement will be part of the upcoming virtual Annual General Meeting on June 30, 2025.
R. H.
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