acquisition 85.97% in Impreglon SE
Aalberts Industries has secured in total 85.97% on a fully diluted basis of the issued and outstanding shares and convertible bonds in Impreglon SE. It is Aalberts Industries' intention to acquire 100% of the shares and convertible bonds and it will therefore provide for an additional acceptance period of two weeks at the same price, terms and conditions as published in the offer document of 4 August 2014. This additional acceptance period will commence on Monday 15 September 2014 and will end on Friday 26 September 2014.
All completion conditions of the offer have now been fulfilled, including the 75% acceptance threshold. Aalberts Industries will complete and settle its offer for the shares and convertible bonds tendered before 5 September 2014 on Wednesday 17 September 2014.
The results of Impreglon will be consolidated effective 1 October 2014 and will contribute directly to the earnings per share. The acquisition will be financed from credit facilities.