DGAP-Adhoc: ERGO Versicherungsgruppe AG: Entry of squeeze-out resolution into Commercial Register

 | Source: EQS Group AG EQS Group AG 

ERGO Versicherungsgruppe AG / Squeeze Out

06.07.2010 17:22 

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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Düsseldorf, 6 July 2010
 
The resolution passed by the Annual General Meeting of ERGO
Versicherungsgruppe AG (ERGO) on 12 May 2010 regarding the transfer of
shares from the minority shareholders of ERGO Versicherungsgruppe AG to the
Münchener Rückversicherungs-Gesellschaft Aktiengesellschaft in Munich
(Munich Re) as the majority shareholder pursuant to Sections 327a et seq.
of the German Stock Companies Act (AktG) was recorded in the Company's
Commercial Register on 5 July 2010.
 
Now that the resolution on the transfer of shares has been recorded in the
Commercial Register, all shares belonging to minority shareholders are
transferred to Munich Re by act of law. Details on the payment of the
specified cash settlement of 97.72 euros for each bearer share will be
announced by Munich Re shortly; publication will be in the electronic
Federal Gazette (Bundesanzeiger) and in the stock market reports.
 
The market listing of the ERGO shares is expected to be discontinued in the
next few days. Any stock market trading which takes place until then will
only be trading of the minority shareholders' cash settlement claims. As
the resolution for the transfer of shares has been recorded in the
Commercial Register, ERGO shares still recorded in the portfolios of
minority shareholders only guarantee the cash settlement claims stated.
 
Board of Management

Contact:
Dr. Alexander Becker
Tel. +49 211/477-1510




06.07.2010 17:22 Ad hoc announcement, Financial News and Media Release distributed by DGAP. Medienarchiv at |[![CDATA[|[a href="http://www.dgap-medientreff.de"|]www.dgap-medientreff.de|[/a|]]]|] and |[![CDATA[|[a href="http://www.dgap.de"|]www.dgap.de|[/a|]]]|]

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Language:     English
Company:      ERGO Versicherungsgruppe AG
              Victoriaplatz 2
              40198 Düsseldorf
              Deutschland
Phone:        +49 211 477-0
Fax:          +49 211 477-15 00
E-mail:       info@ergo.de
Internet:     www.ergo.com
ISIN:         DE0008418526
WKN:          841852
Listed:       Regulierter Markt in Frankfurt (General Standard),
              Düsseldorf; Freiverkehr in Berlin, Hannover, München,
              Hamburg, Stuttgart
 
End of News                                     DGAP News-Service
 
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