17.06.2019 | Austria
S&T AG:Third share purchase offer to the free-float shareholders of Kontron S&T AG AT EUR 4.85 per shareThe Management Board of the technology group S & T AG ( www.snt.at ) has decided to implement a third voluntary share purchase offer for the free-float shareholders of the unlisted Kontron S & T AG. The offer is not limited and provides for the purchase of all outstanding Kontron S & T AG shares at a price of EUR 4.85 per share. The acceptance period starts on 17 June 2019 and ends on 31 July 2019.
The acceptance of the Offer is again intended to free Kontron S & T AG Shareholders who hold their Kontron S & T AG Shares in a custody account with a custodial bank in the Federal Republic of Germany from the custody of the Custodian Banks also in the second offer of S & T AG , The Company therefore pays the German custodian banks a settlement payment of up to EUR 5.00 per assumed deposit.
With this third purchase offer, Kontron S & T AG shareholders will once again be offered the opportunity to sell their now no longer tradable shares for EUR 4.85 per share. Kontron S & T Shareholders may accept the offer by giving written notice of acceptance of the offer to their custodian bank within the Acceptance Period. Kontron S & T AG shareholders will receive from their custodian bank a corresponding information letter at the beginning of the acceptance period.