Hörmann Funkwerk Holding GmbH now directly and indirectly holds 74.94 % of the voting rights in Funkwerk AG
Kölleda, 17 July 2014 - The acceptance period for the voluntary public purchase offer by Hörmann Funkwerk Holding GmbH, a company of the Hörmann Group, ended on 10 July 2014. It had offered the shareholders of Funkwerk AG, Kölleda, to acquire all no-par value bearer shares in return for a cash payment of € 2.55 per share.
By the end of the acceptance period, the offer had been accepted for a total of 1,362,640 shares. This corresponds to 16.82 % of the share capital and voting rights of Funkwerk AG.
Together with the 4,680,810 shares held prior to the tender offer and a further 27,800 shares acquired outside the tender offer, Hörmann Funkwerk Holding GmbH now directly and indirectly holds a total of 6,071,250 shares or 74.94 % of the share capital of Funkwerk AG, which remains unchanged at EUR 8,101,241.