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SNP Schneider-Neureither & Partner SE
ISIN: DE0007203705
WKN: 720370
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SNP Schneider-Neureither & Partner SE · ISIN: DE0007203705 · Newswire (adhoc)
Country: Deutschland · Primary market: Germany · EQS NID: 2140018
19 May 2025 09:47AM

Expected Amount of the Settlement Payment and Compensation Payment Under the Planned Control and Profit Transfer Agreement


EQS-Ad-hoc: SNP Schneider-Neureither & Partner SE / Key word(s): Agreement
SNP Schneider-Neureither & Partner SE: Expected Amount of the Settlement Payment and Compensation Payment Under the Planned Control and Profit Transfer Agreement

19-May-2025 / 09:47 CET/CEST
Disclosure of an inside information acc. to Article 17 MAR of the Regulation (EU) No 596/2014, transmitted by EQS News - a service of EQS Group.
The issuer is solely responsible for the content of this announcement.


SNP Schneider-Neureither & Partner SE:

Expected amount of the settlement payment and compensation payment under the planned control and profit transfer agreement

SNP Schneider-Neureither & Partner SE: Expected Amount of the Settlement Payment and Compensation Payment Under the Planned Control and Profit Transfer Agreement

Heidelberg, Germany, May 19, 2025 – The Supervisory Board of SNP Schneider-Neureither & Partner SE (ISIN DE0007203705 / WKN 720370, the “Company” or “SNP”) resolved today to approve the conclusion of a negotiated control and profit transfer agreement between its main shareholder, Succession German Bidco GmbH, a holding company controlled by The Carlyle Group, and the Company, which provides for a settlement payment pursuant to Section 305 of the German Stock Corporation Act (AktG) in the amount of EUR 61.00 per SNP share. Furthermore, the intercompany agreement provides for an annual compensation payment pursuant to Section 304 AktG in the gross amount of EUR 3.95, less the corporate income tax payable by SNP (including solidarity surcharge). Based on the current corporate income tax rate (including solidarity surcharge), this would result in a compensation payment of EUR 3.65 per SNP share.

The proposed amount of the settlement payment and the annual compensation was determined by Succession German Bidco GmbH and the Company based on the results of an expert opinion provided by ValueTrust Financial Advisors Deutschland GmbH (“Value Trust”). Value Trust was jointly appointed by the Company’s Executive Board and the management of Succession BidCo GmbH as an independent expert to determine an appropriate settlement payment or compensation payment in connection with the intended conclusion of a control and profit transfer agreement. The appropriateness of the settlement payment and the annual compensation payment was also reviewed by the contract auditor selected and appointed by the court at the joint request of the Company’s Executive Board and the management of Fahrenheit AcquiCo GmbH, A&M GmbH Wirtschaftsprüfungsgesellschaft (“A&M”). A&M has confirmed the appropriateness of the settlement and compensation.

The Executive Board and Supervisory Board will now include a resolution proposal for approval of the draft control and profit transfer agreement to the Company’s ordinary virtual Annual General Meeting scheduled for June 30, 2025.

 



End of Inside Information

19-May-2025 CET/CEST The EQS Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases.
Archive at www.eqs-news.com


Language: English
Company: SNP Schneider-Neureither & Partner SE
Speyerer Str. 4
69115 Heidelberg
Germany
Phone: +49 6221 6425 637, +49 6221 6425 172
Fax: +49 6221 6425 20
E-mail: investor.relations@snpgroup.com
Internet: www.snpgroup.com
ISIN: DE0007203705
WKN: 720370
Listed: Regulated Market in Berlin, Dusseldorf, Frankfurt (Prime Standard), Hamburg, Hanover, Munich, Stuttgart, Tradegate Exchange
EQS News ID: 2140018

 
End of Announcement EQS News Service

2140018  19-May-2025 CET/CEST

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