Highlight Communications AG / Key word(s): Acquisition
25.11.2011 07:30
Dissemination of an Ad hoc announcement according to § 15 WpHG, transmitted by DGAP - adhoc company of EquityStory AG. The issuer is solely responsible for the content of this announcement.
Announcement of the preliminary final results of the public tender offer of Highlight Communications AG, Pratteln, for all publicly held bearer shares listed on the stock exchange with a nominal value of CHF 9 each of Escor Casinos & Entertainment AG, Duedingen
Public Tender Offer Highlight Communications AG, Pratteln (Offeror) published a public tender offer for all publicly held bearer shares listed on the stock exchange of Escor Casinos & Entertainment AG, Duedingen (ESCOR) with a nominal value of CHF 9 per share (ESCOR-Shares) on 23 September 2011 (Offer). The offer price per ESCOR-Share amounts to CHF 17.50 net, less the gross amount of any dilution effects, which become effective prior to the settlement of the Offer, as described in the offer prospectus of 23 September 2011 (Offer Prospectus).
Preliminary Final Results The Offeror has not acquired any ESCOR-Shares outside of the Offer since the pre-announcement of the Offer was published on 16 September 2011 (up to the end of the additional acceptance period). Upon expiration of the additional acceptance period on 24 November 2011, 16.00 (CET), 333,170 ESCOR-Shares have been tendered to the Offeror. This corresponds to 39.21% of 849,732 ESCOR-Shares to which the Offer relates (success rate). Taking into account the 387,554 ESCOR-Shares (corresponding to 31.32% of the voting rights and share capital of ESCOR), which were held by the Offeror and persons acting in concert with the Offeror already prior to the pre-announcement, the participation of the Offeror (including persons acting in concert with the Offeror) amounts to 58.23% of the voting rights and 58.24% of the share capital of ESCOR at the end of the additional acceptance period.
Publication of the Definitive Final Results This information regarding the final results is preliminary. The definitive final results will be published on 30 November 2011 in the Neue Zürcher Zeitung and L'AGEFI.
Conditions According to the definitive interim results of 10 November 2011, condition a) of section B.5 of the Offer Prospectus is fulfilled and the Offeror has declared that the Offer is successful, subject to condition b) of section B.5 of the Offer Prospectus.
Settlement The payment of the offer price should take place on 2 December 2011, subject to the extension of the settlement according to section B.5 of the Offer Prospectus.
Offer Restrictions The Offer is subject to the offer restrictions according to the provisions of the Offer Prospectus.
Information and Explaination of the Issuer to this News:
Documentation All offer documents are available on the website of the Offeror (www.highlight-communications.ch). The Offeror has been legally advised by meyerlustenberger Attorneys at Law.
Bearer shares of Escor Casinos & Entertainment AG with a nominal value of CHF 9 each, Security Number 358 325, ISIN CH 0003583256, Ticker Symbol ESRI
25.11.2011 DGAP's Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases. Media archive at www.dgap-medientreff.de and www.dgap.de
Language: English
Company: Highlight Communications AG
Netzibodenstrasse 23b
4133 Pratteln
Switzerland
Phone: +41 61 816 96 96
Fax: +41 61 816 67 67
E-mail: info@hlcom.ch
Internet: www.hlcom.ch
ISIN: CH0006539198
WKN: 920299
Indices: SDAX
Listed: Regulierter Markt in Frankfurt (Prime Standard); Freiverkehr
in Berlin, Düsseldorf, Hamburg, Hannover, München, Stuttgart
End of Announcement DGAP News-Service

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