UNI - EN REPORT No5/2017
Current report no. 05/2017 dated 22 May 2017
Threshold of 75% has been reached by Superior Industries to close the tender offer deal for shares of UNIWHEELS AG
Legal basis: Article 17.1 of Market Abuse Regulation
The Executive Board of UNIWHEELS AG (the "Company") hereby informs that today the Company's Executive Board has been informed that today Superior Industries International, Inc. (“Superior”) has achieved the 75% tender offer threshold required for it to consummate its tender offer for the shares of the Company. The shares tendered include the controlling interest held by UNIWHEELS Holdings (Malta) Ltd. totaling 61.3% of the outstanding shares.
The subscription period expires on May 22, 2017, and the tender offer is expected to be concluded on or about May 30, 2017.
On behalf of UNIWHEELS AG:
Head of Investor Relations and Group PR