Highlight Communications AG / Key word(s): Offer
16.09.2011 06:00
Dissemination of an Ad hoc announcement according to § 15 WpHG, transmitted
by DGAP - a company of EquityStory AG.
The issuer is solely responsible for the content of this announcement.
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Highlight Communications AG, Pratteln (Highlight) pre-announced today its
public tender offer for all publicly held bearer shares listed on the stock
exchange of Escor Casinos & Entertainment AG, Duedingen (CH) (Escor). The
offer price amounts to CHF 17.50 per bearer share and the offer period
presumably runs from 10 October until 4 November 2011, 16.00. The offer
price lies 9.375% above the closing price of the Escor-share of 15
September 2011 (CHF 16.00). The offer prospectus shall presumably be
published on 23 September 2011. All documents that are relevant for the
offer can be found on the internet at www.highlight-communications.ch.
Highlight (incl. persons acting in concert with Highlight) already holds
31.31% of the voting rights and the share capital of Escor. Highlight
intends to increase its participation in Escor by means of the public take
over offer to at least 50.01%. Highlight is convinced that an enhanced
cooperation between Escor and Highlight shall strengthen the market
positions of both companies. The closer cooperation and in particular, the
usage of the know-how provided by Highlight concerning the marketing of top
events and development of entertainment offers, should lead to a successful
setup of entertainment offers of Escor and the possibility to operate in
new markets, in particular in the fields of 'Virtual Reality'.
Additionally, Highlight intends to support the strategic realignment, which
has been announced by Escor.
For further enquiries:
HIGHLIGHT COMMUNICATIONS AG
Martin Wagner
CH-4133 Pratteln BL
Telephone: +41795978514
E-Mail: martin.wagner@hlcom.ch
______________________________________
The public tender offer is, according to the pre-announcement, subject to
the following offer restrictions:
General / Allgemein
The public tender offer described in the pre-announcement is not directly
or indirectly made in a country or jurisdiction in which such offer would
be illegal, otherwise violate the applicable law or an ordinance or which
would require the offeror to change the terms or conditions of the offer in
any way, to submit an additional application to or to perform additional
actions in relation to any state, regulatory or legal authority. It is not
intended to extend the offer to any such country or such jurisdiction.
Documents relating to the offer must neither be distributed in such
countries or jurisdictions nor be sent to such countries or jurisdictions.
Such documents must not be used for the purpose of soliciting the purchase
of securities of ESCOR by anyone from such countries or jurisdictions.
Das in der Voranmeldung beschriebene öffentliche Kaufangebot wird weder
direkt noch indirekt in einem Land oder einer Rechtsordnung gemacht, in
welchem/welcher ein solches Angebot widerrechtlich wäre, oder in
welchem/welcher es in anderer Weise ein anwendbares Recht oder eine
Regulierung verletzen würde oder welches/welche von der Anbieterin eine
Ãnderung der Bestimmungen oder Bedingungen des Angebotes in irgendeiner
Weise, ein zusätzliches Gesuch an/oder zusätzliche Handlungen im
Zusammenhang mit staatlichen, regulatorischen oder rechtlichen Behörden
erfordern würde. Es ist nicht beabsichtigt, das Angebot auf irgendein
solches Land oder eine solche Rechtsordnung auszudehnen. Dokumente, die im
Zusammenhang mit dem Angebot stehen, dürfen weder in solchen Ländern oder
Rechtsordnungen verteilt noch in solche Länder oder Rechtsordnungen gesandt
werden. Solche Dokumente dürfen nicht zum Zwecke der Werbung für Käufe von
Beteiligungsrechten der ESCOR durch natürliche oder juristische Personen in
solchen Ländern oder Rechtsordnungen verwendet werden.
United States of America
The public tender offer described in the pre-announcement will not be made
directly or indirectly in or by use of the mail of, or by any means or
instrumentality of interstate or foreign commerce of, or any facilities of
national securities exchange of, the United States of America (U.S.) and
may only be accepted outside the U.S. This includes, but is not limited to,
facsimile transmission, telex or telephones. The offer prospectus and any
other offering materials with respect to the public tender offer described
in the pre-announcement must neither be distributed in nor sent to the U.S.
and must not be used for the purpose of soliciting the sale or purchase of
any securities of ESCOR, from anyone in the U.S. The offeror is not
soliciting the tender of securities of ESCOR by any holder of such
securities in the U.S. Securities of ESCOR will not be accepted from
holders of such securities in the U.S. Any purported acceptance of the
offer that the offeror or its agents believe has been made in or from the
U.S. will be invalidated. The offeror reserves the absolute right to reject
any and all acceptances by them not to be in the proper form or the
acceptance of which may be unlawful.
United Kingdom
The offer documents in connection with the offer are not for distribution
to persons whose place of residence, seat or habitual abode is in the
United Kingdom. This does not apply, however, to persons in the United
Kingdom who are qualified investors within the meaning of Section 86(7) of
the Financial Services and Markets Act 2000 who (i) have professional
experience in matters relating to investments falling within Article 19(5)
of the Financial Services and Markets Act 2000 (Financial Promotion) Order
2005 (the Order), (ii) fall within Article 49(2)(a) to (d) (high net worth
companies, unincorporated associations, etc.) of the Order, or (iii) are
persons to whom it may otherwise lawfully be communicated (all such persons
together being referred to as Relevant Persons). This offer prospectus and
any other offering materials must not be acted on or relied on by persons
who are not Relevant Persons. Any investment or investment activity to
which this communication relates is available only to Relevant Persons and
will be engaged in only with Relevant Persons.
Australia, Canada and Japan
The pre-announcement is not addressed to shareholders of ESCOR, whose place
of residence, seat or habitual abode is in Australia, Canada or Japan. Such
excluded shareholders may not accept the public tender offer described in
the pre-announcement.
16.09.2011 DGAP's Distribution Services include Regulatory Announcements,
Financial/Corporate News and Press Releases.
Media archive at www.dgap-medientreff.de and www.dgap.de
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Language: English
Company: Highlight Communications AG
Netzibodenstrasse 23b
4133 Pratteln
Switzerland
Phone: +41 61 816 96 96
Fax: +41 61 816 67 67
E-mail: info@hlcom.ch
Internet: www.hlcom.ch
ISIN: CH0006539198
WKN: 920299
Indices: SDAX
Listed: Regulierter Markt in Frankfurt (Prime Standard); Freiverkehr
in Berlin, Düsseldorf, Hamburg, Hannover, München, Stuttgart
End of Announcement DGAP News-Service
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DGAP-Adhoc: Public tender offer for all publicly held bearer shares listed on the stock exchange of Escor Casinos & Entertainment AG, Duedingen (CH)
| Source: EQS Group AG