FRANKFURT, Germany,
Sept. 16, 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 September 16, 2016, 14:00
hrs Frankfurt Time/08:00 a.m.
New York time (the "Reference
Date"), AIXTRON's share capital amounted to EUR 112,789,030.00 and was divided into
112,789,030 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 7,890,309 AIXTRON Shares. This corresponds to
approximately 7.00% 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 7.00%.
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acceptance having been validly withdrawn amounts to a total of at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 filed or will file with
the SEC are or will be available at
http://www.grandchip-aixtron.com.
SOURCE Grand Chip Investment GmbH