Vienna/Frankfurt, 16.07.2018C-QUADRAT Investment AG / Cash compensation for minority shareholders of C-QUADRAT Investment AG set at € 60 per share
C-QUADRAT Investment AG (“C-QUADRAT”) (ISIN: AT0000613005) announces that Cubic (London) Limited ("Cubic") as main shareholder of C-QUADRAT and the management board of C-QUADRAT today have jointly set the adequate cash compensation to be paid to C-QUADRAT’s minority shareholders in the course of the initiated squeeze-out proceedings to € 60 per share.
The cash compensation paid in the course of the squeeze-out proceedings was set on the basis of an expert valuation report by KPMG Alpen- Treuhand GmbH Wirtschaftsprüfungs- und Steuerberatungsgesellschaft. The accuracy of the joint report by the main shareholder and the management board of C-QUADRAT as well as the adequacy of the cash compensation were reviewed and confirmed by Rödl & Partner GmbH Wirtschaftsprüfungsgesellschaft und Steuerberatungsgesellschaft as expert appointed by the court.
The extraordinary shareholders' meeting of C-QUADRAT, which will resolve on the transfer of shares of the minority shareholders to the main shareholder against payment of an adequate cash compensation, will be held on 17 August 2018.
Further inquiry note:
Mag. Andreas Wimmer
Schottenfeldgasse 20, A-1070 Wien
Tel.: +43 1 515 66 316
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