DGAP-News: Announcement of the Decision to make a public Tender Offer to acquire the shares in Logwin AG


DELTON Vermögensverwaltung Aktiengesellschaft / Miscellaneous

02.11.2008 

Release of a Corporate News, transmitted by DGAP - a company of EquityStory AG.
The issuer is solely responsible for the content of this announcement.
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DELTON Vermögensverwaltung Aktiengesellschaft, Seedammweg 55, 61352 Bad
Homburg v. d. Höhe, Federal Republic of Germany (the 'Bidder'), a 100%
subsidiary of DELTON AG, Seedammweg 55, 61352 Bad Homburg v.d. Höhe,
Federal Republic of Germany, decided today to make an offer to the
shareholders of Logwin AG, ZIR Potaschberg, 5, an de Laengten, 6776
Grevenmacher, Luxembourg, to acquire their shares in Logwin AG, ISIN
LU0106198319, by way of a tender offer against payment of a consideration
of EUR 1.55 in cash per share in Logwin AG and in accordance with the terms
and conditions of the offer which will be set out in the offer document.
The offer document will be published on the internet at www.delton.de.

The offer is neither subject to the German Securities Acquisition and
Takeover Act (Wertpapiererwerbs- und Übernahmegesetz – 'WpÜG') nor the
Luxembourgish Act of 19 May 2006 on Takeovers implementing Directive
2004/25/EC of the European Parliament and the European Council of 21 April
2004 regarding Takeover Bids. Therefore, the offer is not subject to review
by any supervisory authority.

The shares of Logwin AG are admitted to trading on the regulated market and
the sub-segment of the regulated market with additional transparency
obligations following the admission (Prime Standard) of the Frankfurt stock
exchange and are also traded in the open market (Freiverkehr) of the stock
exchanges in Stuttgart, Munich, Düsseldorf, Hamburg and Berlin .

The Bidder holds approx. 53.71 % of the overall number of shares and voting
rights in Logwin AG.

Important Information

This announcement does neither constitute an offer to purchase nor an
invitation to make an offer to sell shares in Logwin AG. The final terms
and conditions and further provisions regarding the offer will be disclosed
in the offer document. The Bidder reserves the right to deviate in the
final terms and conditions of the offer from the basic information
described herein. Investors and shareholders are strongly recommended to
read the offer document and all documents in connection with the offer as
soon as they are published since they will contain important information.

Bad Homburg v. d. Höhe, 2. November 2008 
DGAP 02.11.2008 
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