Endress+Hauser submits squeeze-out request to Analytik Jena AG
Endress+Hauser (Germany) AG+Co. KG, headquartered in Weil am Rhein, Germany, (“Endress+Hauser”) submitted to the Executive Board of Analytik Jena AG on September 17, 2015, its request to allow the General Meeting of Analytik Jena AG to decide on the transfer of Analytik Jena shares held by remaining minority shareholders to Endress+Hauser in exchange for a reasonable cash compensation pursuant to the procedure to squeeze out minority shareholders outlined in section 327a and the following sections of the German Public Companies Act (AktG).
Endress+Hauser holds 96.18% of the share capital of Analytik Jena AG, which amounts to EUR 7,655,697.00. This corresponds to 7,363,157 no-par-value shares and thereby makes Endress+Hauser the majority shareholder as defined by section 327a (1) sentence 1 of the German Public Companies Act (AktG).
Endress+Hauser will determine the value of the reasonable cash compensation per share on the basis of an evaluation of Analytik Jena AG yet to be carried out, and will inform the minority shareholders of Analytik Jena AG.