AIXTRON SE (FSE: AIXA; NASDAQ: AIXG), one of the world’s leading providers of deposition equipment to the semiconductor industry, announced today that Grand Chip Investment GmbH, with registered seat in Frankfurt am Main, lowered its minimum acceptance threshold for its takeover offer to the shareholders of AIXTRON SE from 60% to 50.1%.
Grand Chip Investment GmbH published the offer document for its voluntary public takeover offer in the form of a cash offer for all shares of AIXTRON (including AIXTRON Shares represented by AIXTRON ADSs) on 29 July 2016. The takeover offer and the agreements which are concluded by accepting the takeover offer are, as further described in the offer document, subject to various closing conditions, amongst others a minimum acceptance threshold of 60% of the total shares of AIXTRON (including AIXTRON Shares represented by AIXTRON ADSs).
Grand Chip Investment GmbH today amended this closing condition by lowering the minimum acceptance threshold to 50.1% (56,472,898 AIXTRON Shares including AIXTRON Shares represented by AIXTRON ADSs).
Due to this amendment of the closing condition to the takeover offer, the acceptance period of the offer is extended by two weeks. Thus, shareholders of AIXTRON will have until 21 October 2016, 24:00 local time Frankfurt am Main, Germany to accept the takeover offer.
Contact:
Guido Pickert
Investor Relations & Corporate Communications
T: +49 (2407) 9030-444
F: +49 (2407) 9030-445
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