Elmos Semiconductor AG: Public share buyback offer already oversubscribed
Thursday, 26 March 2020 () DGAP-News: Elmos Semiconductor AG / Key word(s): Share Buyback
26.03.2020 / 19:10
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*Acceptance period of public share buyback offer ends today *
Dortmund, March 26, 2020: Elmos Semiconductor AG ("Elmos" or the "Company") reports that more than 1,540,000 Elmos shares have been tendered to the Company within the scope of the public share buyback offer announced on March 16, 2020 at 17.28 hrs. (CET) - and expiring tonight at 24.00 hrs. The offer (up to 1,540,000 no-par bearer shares of the Company - ISIN DE0005677108 / WKN 567 710) has thus already been oversubscribed. The exact result of the public buyback offer will be made public on March 31, 2020.
Elmos Semiconductor AG
Janina Rosenbaum, Head of Investor Relations, Tel: +49-231‐7549‐287
Mathias Kukla, Press Relations, Tel: +49-231-7549-199
Email: [email protected]
This announcement may not be published, distributed or transmitted in the United States of America, Canada, Australia or Japan. This communication is not directed at or for transmission to, or use by, any person who is a national or resident of any state, country or other jurisdiction, or who is located in any jurisdiction where the transmission, publication, availability or use of this communication would be contrary to applicable law or would require any registration or license within such jurisdiction.
Neither this announcement nor its contents may be published, sent, distributed or disseminated in the United States of America by any means or instrument of interstate commerce or of foreign trade or of the facilities of any national stock exchange of the United States of America. This includes, but is not limited to, fax transmission, electronic mail, telex, telephone and the Internet. Copies of this Offer and other related documents may not be sent or transmitted to or within the United States of America.
This announcement does not constitute an offer of securities for sale or a solicitation of an offer to purchase any securities of the Company in the United States of America, Germany or any other jurisdiction.
This announcement contains forward-looking statements based on assumptions and estimates made by the management of Elmos. Although we assume that the expectations contained in these forward-looking statements are realistic, we cannot guarantee that they will prove to be correct. The assumptions may involve risks and uncertainties that could cause actual results to differ materially from the forward-looking statements. Factors that could cause such differences include, among others, changes in the economic and business environment, fluctuations in exchange rates and interest rates, the introduction of competing products, lack of acceptance of new products and changes in business strategy. Elmos does not plan to update the forward-looking statements, nor does it assume any obligation to do so.
Elmos develops, produces and distributes semiconductors and sensors, primarily for use in the automotive industry. Our components communicate, measure, regulate and control safety, comfort, powertrain and network functions. For over 30 years, Elmos innovations have been bringing new functions to life and making worldwide mobility safer, more comfortable, and more energy efficient.
26.03.2020 Dissemination of a Corporate News, transmitted by DGAP - a service of EQS Group AG.
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