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02.12.2015 – 12:25

Miba Aktiengesellschaft

EANS-Adhoc: Miba Aktiengesellschaft
Delisting completed upon registration of the squeeze-out

  ad-hoc disclosure transmitted by euro adhoc with the aim of a Europe-wide
  distribution. The issuer is solely responsible for the content of this
Capital measures

Laakirchen, 2 December 2015

The principal shareholder of Miba AG, Mitterbauer
Beteiligungs-Aktiengesellschaft (MBAG), and Miba AG have been informed by the
Regional Court of Wels that following expiry of the extended period for
acceptance of the voluntary takeover offer made by MBAG on 26 November 2015, the
decision was taken today to register the exclusion of shareholders
("Squeeze-out") on which a resolution was adopted at the general meeting of 12
October 2015. Registration of the Squeeze-out is expected to take effect on 3
December 2015. The final day for trading on the Vienna Stock Exchange is
expected to be 2 December 2015.

86,688 out of a total of 121,233 shares held in free float have been tendered
under the voluntary takeover offer made by MBAG, under the terms of which EUR
565 was offered for each preference share. As a result of this higher than
average acceptance rate, only approximately 2.7% of the shares held in free
float are affected by the squeeze-out procedure.

The remaining minority shareholders forced to sell their shares under the
Squeeze-out will receive a cash settlement of EUR 540.00 plus interest for each
Issue B Preference Share on the value date of 3 December 2015. Furthermore,
these shareholders will have a loan stock right (ISIN: AT0000A1HE84) booked to
their securities accounts. In the event no shareholder files an application
requesting that a review be conducted, these former shareholders will receive a
supplementary payment of EUR 25.00 for each loan stock right, thus bringing the
total for each share to EUR 565.

end of ad-hoc-announcement
Miba AG is one of Austria's leading industrial and technology companies. Formed
in Laakirchen in Upper Austria in 1927, the high-tech group today develops and
manufactures its products at 22 sites in eleven countries. Miba products can be
found in the passenger vehicles, trucks, construction machinery, trains, ships,
aircraft and power plants made or built by the respective leading global
manufacturers. The Company specializes in engine bearings, friction materials,
sintered components and coatings. In addition, Miba manufactures passive
electronic components such as resistors and cooling systems which are needed,
among other things, in power transmission systems. Moreover, the Company
develops and manufactures special machinery for high-precision machining of
large components. Miba employs more than 5,000 members of staff. Revenue in
fiscal year 2014-2015 amounted to EUR 669.3 million, while profit before
interest and tax (EBIT) was EUR 81.9 million.

Further inquiry note:
Mag. Valerie Weixlbaumer-Pekari
Head of Corporate Communications & Marketing Services
Tel.: +43/664/5416364

MMag. Markus Hofer
Tel.: +43/7613/2541-1138

end of announcement                               euro adhoc 

issuer:      Miba Aktiengesellschaft
             Dr.Mitterbauer-Straße 3
             A-4663 Laakirchen
phone:       07613/2541-0
FAX:         07613/2541-1010
sector:      Industrial Components
ISIN:        AT0000734835
indexes:     Standard Market Auction
stockmarkets: official market: Wien 
language:   English

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