OSRAM Licht AG: Reverse entry of shares submitted for exchange (offer of Opal Bidco GmbH)
Reference
The voluntary public acquisition offer of Opal Bidco GmbH to shareholders of OSRAM Licht AG will not be carried out.
Further information is available in Wertpapier-Mitteilungen (securities gazette).
As a result, Clearstream Banking1 is transferring with value date
14 October 2019
the OSRAM Licht AG shares submitted for exchange (ISIN DE000LED01V2) back to the original shares (ISIN DE000LED4000).
Conversion of holdings
The conversion in the ratio 1:1 will be made by CBF during the standard processing on the evening of 11 October 2019 with value date 14 October 2019 to the custody account balances and positions of the pending stock exchange transactions (delivery positions).
Securities transfers against payment that have been entered in CASCADE and are pending for settlement will also be converted.
No registration of the shareholders by re-registration
The main holdings and holdings in the assigned positions of OSRAM Licht AG shares submitted for exchange will be converted 1:1 into the original OSRAM Licht AG shares.
After the reverse entry, banks do not have to send any registrations to the share register.
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1. This Announcement is published by Clearstream Banking AG (CBF), registered office at Mergenthalerallee 61, 65760 Eschborn, Germany, registered with the Commercial Register of the District Court in Frankfurt am Main, Germany, under number HRB 7500.