FRANKFURT, Germany,
Aug. 26, 2016 /CNW/ - Grand Chip
Investment GmbH with registered office in Frankfurt am Main, Germany, ("Bidder") today announced
interim results of its voluntary public takeover offer (the
"Takeover Offer") to the shareholders of AIXTRON SE (NASDAQ:
AIXG), with registered office in Herzogenrath, Germany, ("AIXTRON") for the
acquisition of their no-par value registered shares in AIXTRON
(collectively, "AIXTRON Shares"), including all AIXTRON
Shares represented by American Depositary Shares ("ADSs"),
at the price of EUR 6.00 per tendered AIXTRON Share in
cash.
The acceptance period for the Takeover Offer expires on
October 7, 2016, 24:00 hrs local time Frankfurt am Main, Germany ("Frankfurt Time")/6:00
p.m. local time New York,
United States ("New York
Time"), unless extended pursuant to the applicable
rules under the German Securities Acquisition and Takeover
Act.
As of August 26, 2016, 14:00 hrs Frankfurt Time/08:00
a.m. New York time (the "Reference Date"), AIXTRON's
share capital amounted to EUR
112,737,030.00 and was divided into 112,737,030 registered
shares with no-par value (the "AIXTRON Share Capital").
As of the Reference Date, the Takeover Offer has been accepted
for a total of 4,647,223 AIXTRON Shares. This corresponds to
approximately 4.12% of the AIXTRON Share Capital and the existing
voting rights of AIXTRON.
For the purpose of the minimum acceptance threshold (the
"Minimum Acceptance Threshold") as set out in
Section 4.2.1 of the Offer Document for the Takeover Offer
(the "Offer Document"), this corresponds to an acceptance
rate of 4.12%. The Minimum Acceptance Threshold will be reached if,
at the time of the expiration of the acceptance period, the
aggregate number of AIXTRON Shares (including AIXTRON Shares
represented by ADSs) for which the Takeover Offer has been validly
accepted without the acceptance having been validly withdrawn
amounts to a total of at least 67,632,213 AIXTRON Shares (including
the AIXTRON Shares represented by ADSs). The Minimum Acceptance
Threshold corresponds to an acceptance quota of at least 60% of the
total number of 112,720,355 AIXTRON Shares (including AIXTRON
Shares represented by ADSs) issued on the announcement date of the
Takeover Offer (May 23, 2016).
Complete terms and conditions of the Takeover Offer can be found
in the Offer Document published on the
website http://www.grandchip-aixtron.com .
Questions and requests for assistance or copies of the Offer
Document and other Takeover Offer documents may be directed to
(i) with respect to the tender of AIXTRON Shares, the German
Information Agent and (ii) with respect to the tender of ADSs,
the U.S. Information Agent. Contact information with respect
to each of the German Information Agent and the U.S. Information
Agent is set forth below. Copies of any Takeover Offer
documents will be furnished promptly upon request at the Bidder's
expense.
Important Information
This press release is for informational purposes only and is
neither an offer to purchase nor a solicitation of an offer to sell
securities. The Takeover Offer for the outstanding AIXTRON Shares
(including AIXTRON Shares represented by ADSs) commenced on
July 29, 2016. The terms and conditions of the Takeover Offer
are published in, and the solicitation and offer to purchase
AIXTRON Shares (including AIXTRON Shares represented by ADSs) are
made only pursuant to the Offer Document and related offer
materials prepared by the Bidder. The English translation of the
Offer Document and related offer materials have been filed with the
U.S. Securities and Exchange Commission (the "SEC") in a
Tender Offer Statement on Schedule TO. AIXTRON filed a
Solicitation/Recommendation Statement on Schedule 14D-9 with the
SEC with respect to the Takeover Offer.
The Tender Offer Statement, including the Offer Document, a
related letter of transmittal and other related offer materials, as
they may be amended from time to time, contain important
information that should be read carefully before any decision is
made with respect to the Takeover Offer because the Offer Document
and certain related documents included in the Tender Offer
Statement, and not this press release, govern the terms and
conditions of the Takeover Offer.
Those materials and other documents filed by the Bidder or
AIXTRON with the SEC are available at no charge on the SEC's
website at http://www.sec.gov. In addition, the Bidder's Tender
Offer Statement and other documents it has or will file with the
SEC are or will be available
at http://www.grandchip-aixtron.com
SOURCE Grand Chip Investment GmbH