
Squeeze-out request submitted
EQS-Ad-hoc: OTRS AG / Key word(s): Squeeze Out NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION, DIRECTLY OR INDIRECTLY, IN WHOLE OR IN PART, IN ANY JURISDICTION WHERE SUCH RELEASE, PUBLICATION OR DISTRIBUTION WOULD BE UNLAWFUL. Oberursel (Taunus), 8 May 2025: OTRS AG (“Company”) (ISIN DE00A0S9R37, WKN A0S9R3) announces that Optimus BidCo AG, an acquisition company of EasyVista SAS, has notified the Company that it holds 99.2% of the registered share capital of the Company. Against this background, Optimus BidCo AG today submitted a request to the Management Board of the Company pursuant to section 327a para. 1 sentence 1 of the German Stock Corporation Act (AktG), requesting that the General Meeting of the Company resolves to transfer the shares of the remaining shareholders (minority shareholders) to Optimus Bidco AG as the majority shareholder in return for an appropriate cash compensation (so-called squeeze-out under stock corporation law). Optimus BidCo AG will notify the Management Board of the Company separately of the amount of the appropriate cash compensation after completion of the necessary valuations. The Company will announce the date of the General Meeting at which a corresponding transfer resolution is to be adopted in accordance with the statutory requirements. The squeeze-out will only become effective after approval by the General Meeting of the Company and entry in the commercial register. OTRS AG ISIN: DE00A0S9R37 Internet: www.corporate.otrs.com Frankfurt Stock Exchange, Basic Board Sabine Lüders, member of the management board (Vorstandsmitglied) End of Inside Information
08-May-2025 CET/CEST The EQS Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases. |
Language: | English |
Company: | OTRS AG |
Zimmersmühlenweg 11 | |
61440 Oberursel | |
Germany | |
Phone: | 06172 - 681 988 0 |
Fax: | 09421 - 5681818 |
E-mail: | enjoy@otrs.com |
Internet: | www.otrs.com |
ISIN: | DE000A0S9R37 |
WKN: | A0S9R3 |
Listed: | Regulated Unofficial Market in Berlin, Dusseldorf, Frankfurt (Basic Board), Munich, Tradegate Exchange |
EQS News ID: | 2132308 |
End of Announcement | EQS News Service |
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2132308 08-May-2025 CET/CEST