
22.06.05 —
Bensberg, Germany, June 22, 2005 – Girindus AG, a company specialized in process development and the production of innovative drug and cosmetic actives listed in the Prime Segment of the German Stock Exchange, announced that Solvay Organics GmbH, an indirect subsidiary of Solvay S.A., Brussels, had notified the company today of its intention to make the shareholders of Girindus AG a voluntary public takeover bid and to purchase the shares of Girindus AG (with the exception of the treasury stock the company holds) for a price of €7.00 per no-par value share.
Mr. Fritz Link and Mr. Robert Link, members of Girindus AG’s Management Board, as well as their family as majority shareholders, have agreed to the sale and to sell their shares – some 35.54% of the capital stock – to Solvay Organics GmbH at a price of €7.00 per no-par value share. The execution of this transaction with the majority shareholders and the takeover bid depend on various conditions being met, one of which is approval by the relevant antitrust authorities.
For more information please contact
Peter J. Bergsteiner,
Director Finance & Investor Relations
Girindus AG, 51402 Bensberg
T: +49 – (0)2204 – 926 - 90
F: +49 – (0)2204 – 926 - 990
pbergsteiner@girindus.com
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