DGAP-Media / 20.10.2016 / 19:00 London/Frankfurt am Main, (October 20th 2016) - Elliott Associates, L.P. and Elliott International, L.P. together with affiliated entities ("Elliott"), which together own over 20% of SLM Solutions Group AG ("SLM") shares, announced today that Elliott intends to reject GE Germany Holdings AG's ("GE") current tender offer for the outstanding shares of SLM. Elliott released the following statement regarding its decision: Elliott believes that GE's offer is not in the best interests of SLM shareholders. As a result, we will reject GE Germany Holdings AG's tender offer for the outstanding shares of SLM on its current terms. About Elliott Elliott Associates, L.P. and Elliott international, L.P., together have more than $28 billion of assets under management. Elliott's flagship fund, Elliott Associates, L.P., was founded in 1977, making it one of the oldest hedge funds under continuous management. The Elliott funds' investors include pension plans, sovereign wealth funds, endowments, foundations, funds-of-funds, high net worth individuals and families, and employees of the firm. ### Media Contact: Charles Barker Corporate Communications Thomas Katzensteiner / Tobias Eberle +49 69 79 40 90 25 +49 69 79 40 90 24 Thomas.Katzensteiner@charlesbarker.de Tobias.Eberle@charlesbarker.de End of Media Release --------------------------------------------------------------------------- Issuer: Elliott Advisors (UK) Limited Key word(s): Finance 20.10.2016 Dissemination of a Press Release, transmitted by DGAP - a service of EQS Group AG. The issuer is solely responsible for the content of this announcement. The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases. Archive at www.dgap.de --------------------------------------------------------------------------- 513371 20.10.2016
Elliott announces its intention to reject GE's tender offer for SLM Solutions
| Source: EQS Group AG