On September 22, 2021, the extraordinary general meeting of VTG Aktiengesellschaft resolved with 99.75 % of the votes cast on the motion of the majority shareholder, Warwick Holding GmbH ("Warwick"), to transfer the shares of the remaining shareholders (minority shareholders) to itself as majority shareholder in return for an adequate cash compensation in accordance with the provisions of the German Stock Corporation Act (squeeze-out pursuant to section 327a of the German Stock Corporation Act). After the squeeze-out has been entered in the commercial register, the minority shareholders will receive a cash settlement of EUR 88.11 per share from Warwick. The appropriateness of the cash settlement was audited and confirmed by BDO AG Wirtschaftsprüfungsgesellschaft as court-appointed expert auditor.
Squeeze-out resolution passed - minority shareholders to receive EUR 88.11 per share
|Press Release VTG AG: Squeeze-out resolution passed|