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Ad hoc announcement pursuant to Art. 53 LR

96.90% of the Goldbach shares tendered to Tamedia

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96.90 percent of the Goldbach Group's shares have been tendered to Tamedia, as confirmed by the definitive end result of the public tender offer to Goldbach. Upon completion of the takeover, Tamedia is planning to have the Goldbach Group delisted. The offer continues to be subject to the approval of the Swiss Federal Competition Commission.

Zurich, 17 April 2018 – On 22 December 2017, the media group Tamedia made a preliminary announcement of a public tender offer for all shares of Goldbach Group AG (ISIN CH0004870942). On 2 February 2018, Tamedia AG published the detailed Offer Prospectus for the takeover of the Goldbach Group AG at CHF 35.50 per registered share. 


At the end of the official offer period on 20 March 2018, the remaining shareholders, who had not tendered their shares to Tamedia, had the opportunity to do so during the statutory grace period ending 11 April 2018, 4:00 p.m. CEST. According to the resulting definitive end result a total of 6‘098‘790 shares of the Goldbach Group had been tendered to Tamedia, representing 96.90 percent of the maximum number of 6'293'876 Goldbach shares that are subject to the offer. The definitive end result corresponds to the provisional end result published on 12 April 2018 in accordance with the ordinance of the Swiss Takeover Board regarding public takeover offers.

 

Maximum number of shares issued by Goldbach Group

Number of shares tendered under the offer

Participation rate and

success rate

6'293'876

6‘098‘790

96.90%

 

After the completion of the takeover of Goldbach, Tamedia intends to pay a cash compensation to the remaining minority shareholders and to have the Goldbach Group delisted. However, the offer continues to be subject to the restrictions and conditions as determined in the Offer Prospectus, including the approval of the Swiss Federal Competition Commission. Tamedia and Goldbach anticipate receiving the approval in May or, in case of an in-depth review, by September 2018 at the latest. Therefore, Tamedia has postponed the closing of the offer, subject to the fulfilment of all terms and conditions as published in the Offer Prospectus, to this coming May or June, or in case of an in-depth review by the Federal Competition Commission, to September or October 2018. The closing date will be announced by Tamedia once all of the conditions of the offer have been fulfilled. 


The text of the preannouncement, the Offer Prospectus and all information regarding the offer restrictions are available for downloading at www.tamedia.ch/goldbach

Contact

Nicole Bänninger, Media Manager Corporate Communications Tamedia

+41 44 248 41 87, [email protected]  


About Tamedia

Tamedia is the leading private media group in Switzerland. The digital platforms, daily and weekly newspapers and magazines of Tamedia offer overview, classification and selection. The company was founded in 1893 and employs a staff of approximately 3,400 in Switzerland, Austria, Denmark, France, Germany, Israel, Luxembourg and Serbia. It has been traded at the Swiss stock exchange since 2000. 

 

Further information for media representatives about Tamedia:

www.tamedia.ch/en/group/newsroom/media-releases A series of new pictures about Tamedia, including pictures of corporate buildings with the new logo mounted and on display, are to be found and downloadable free of charge in the photo gallery, the new corporate design and logo being introduced in January 2017.

www.tamedia.ch 

EXTERNAL LINK

Media Release (PDF)