euro adhoc: TS Metropolis S.á r.l.
Company Information
Announcement of the
Decision to Launch a Takeover Offer pursuant to Sec. § 10 para. 1, in
conjunction with Sec. 29 para. 1 and Sec. 34 of the German Securities
Acquisition and Takeover Act
Securities Acquisition and Takeover Act announcement transmitted by euro adhoc. The issuer is responsible for the content of this announcement. offeror: Company: TS Metropolis S.à r.l. Address: 1 B Heienhaff, 1736 Senningerberg, Grand Duchy of Luxembourg ISIN: no ISIN Contact: Stefan H. Brendgen, sbrendge@tishmanspeyer.de, +49(0)69 97541-0 Stock Exchange: not listed offeree: Company: A.A.A Aktiengesellschaft Allgemeine Anlageverwaltung vorm. Seilwolff AG von 1890 Address: Gutleutstraße 175, 60327 Frankfurt/Main ISIN: DE0007228009 / DE000A0H50F9 Contact: Ursula Grimm, ursula.grimm@aaa-ffm.de, +49(0)69 240008-22 Stock Exchange: Amtlicher Markt / General Standard (Frankfurt), Freiverkehr Hamburg
Company Information/Voluntary take-over bid
The offer document is going to be published on the following homepage: http://www.tsmetropolis.com
Bidder's statement:
TS Metropolis S.à r.l. has decided today to offer the shareholders of A.A.A Aktienge-sellschaft Allgemeine Anlageverwaltung vorm. Seilwolff AG von 1890 (the "A.A.A.") by way of a voluntary public offer (cash offer) to purchase their non-par value bearer shares of A.A.A..
TS Metropolis S.à r.l. intends to offer the shareholders of A.A.A. a consideration equal to the weighted average stock exchange price of the non-par value bearer shares of A.A.A. (ISIN: DE 0007228009 / ISIN: DE 000A0H50F9) during the last three months prior to the announcement of the takeover offer which will be, according to preliminary calculation, 3.37 EUR in cash.
The voluntary public offer is made in the context of a sale and purchase agreement regarding the shares of A.A.A. held by Rothenberger 4xS Vermögensverwaltung GmbH and Günter Rothenberger Beteiligungen GmbH. Such sale and purchase agreement was entered into on 24 February 2007 between TS Metropolis S.à r.l., an indirect wholly owned subsidiary of Tishman Speyer European Real Estate Venture VI Master L.P., on the one side and Rothenberger 4xS Vermögensverwaltung GmbH and Günter Rothenberger Beteiligungen GmbH on the other side. Upon the closing of such sale and purchase agreement TS Metropolis S.à r.l. will acquire 90 % of the non-par value bearer shares of A.A.A..
The voluntary public offer will be, inter alia, conditional upon the completion of the sale and purchase agreement. All other terms and conditions of the offer will be given in the offer document which will be published on the internet on http://www.tsmetropolis.com.
The shares of A.A.A. are admitted to the official market of the Frankfurt Stock Ex-change. They are also traded on the free market of the Hamburg stock exchange.
Important information:
This announcement constitutes neither an offer to buy nor an invitation to make an offer to sell shares of A.A.A.. The offer to acquire shares of A.A.A. will not be made until the publication of the offer document and will be made solely in accordance with the provisions therein.
London, 26 February 2007 TS Metropolis S.à r.l.
end of announcement euro adhoc
Further inquiry note:
Stefan H. Brendgen
Managing Director
Telefon: +49(0)69 97541-0
E-Mail: sbrendge@tishmanspeyer.de
Branche: Real Estate
ISIN: DE0007228009
WKN: 722800
Börsen: Hamburger Wertpapierbörse / free trade
Frankfurter Wertpapierbörse / official dealing/general
standard