PRESS RELEASE
Corporate
Ad-hoc release according to § 15 WpHG - Tognum AG comments on current market news
Posted on May 14, 2011
Daimler AG and Rolls-Royce Group plc have today verbally confirmed to the executive board of Tognum AG that they may be prepared to amend the tender offer and raise the offer price by an additional 8.3 percent to EUR 26.00 if this increased offer will be supported.
Friedrichshafen, 13 May 2011. Daimler AG and Rolls-Royce Group plc have today verbally confirmed to the executive board of Tognum AG that they may be prepared to amend the tender offer and raise the offer price by an additional 8.3 percent to EUR 26.00 if this increased offer will be supported. At this point in time, Tognum AG has not received any officially amended offer and there is no certainty regarding the submission of such an amended offer on the part of the company.
In principal, the executive board welcomes the willingness of the bidder to consider an increased offer price. As soon as the company has been provided with the complete amended offer, the executive board and the supervisory board will comment on it after examination and issue a supplementary statement pursuant to section 27 of the German Securities Acquisition and Takeover Act (Wertpapiererwerbs- und Übernahmegesetz, WpÜG).
In principal, the executive board welcomes the willingness of the bidder to consider an increased offer price. As soon as the company has been provided with the complete amended offer, the executive board and the supervisory board will comment on it after examination and issue a supplementary statement pursuant to section 27 of the German Securities Acquisition and Takeover Act (Wertpapiererwerbs- und Übernahmegesetz, WpÜG).
Stefan Wortmann
Head of Communications
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Dieter Royal
Investor Relations
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+49(0)7541 908375
+49 7541 90 3318
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