TAKKT AG: TAKKT welcomes intended increase in free float

TAKKT AG / Key word(s): Miscellaneous

10.06.2013 / 17:55


TAKKT welcomes intended increase in free float
Extensive investor information and international roadshows planned

Stuttgart, 10 June 2013. The Managing Board of TAKKT AG welcomes Haniel's plans to reduce its holding in TAKKT from 70.44 percent to as low as 50.01 percent and its ongoing commitment to remain a long-term majority shareholder in TAKKT.

The increased free float by up to 69 percent will improve the liquidity of the share significantly and thereby add to its attractiveness to existing and new investors. 'Haniel's concurrent announcement to remain majority shareholder gives TAKKT an excellent platform from which to continue its active portfolio and growth strategy and its ongoing development into a leading multi-channel direct marketing company with the support of its majority shareholder Haniel,' said Felix Zimmermann, CEO of TAKKT.

The Managing Board will report on the strategic and operative measures and developments in detail at roadshows in the coming weeks.

TAKKT will publish its half-year figures on 30 July 2013. At the same time, TAKKT will specify its outlook regarding one of the three scenarios for the financial year released at the beginning of the year. The forecasted development depends on timing and the degree of the European economy's recovery.

Short profile of TAKKT AG
TAKKT is the leading B2B direct marketing specialist for business equipment in Europe and North America. The Group is represented with its brands in more than 25 countries. The product range of the TAKKT subsidiaries comprises more than 200,000 products for the areas of business and warehouse equipment, classic and design-oriented office furniture and accessories, transport packaging, display articles, supplies for retailers, the food service industry and the hotel market.

TAKKT Group has over 2,500 employees and more than three million customers worldwide. TAKKT AG is listed on the SDAX and was admitted to Deutsche Boerse's Prime Standard on 01 January 2003.

Dr Felix A. Zimmermann, CEO, Phone +49 711 3465-8201
Dr Claude Tomaszewski, CFO, Phone +49 711 3465-8207

Email: investor@takkt.de

This document does not constitute an offer to sell securities, or a solicitation of an offer to buy securities, in the United States of America or in any other jurisdiction to any person to whom it is unlawful to make such offer or solicitation in such jurisdiction. Securities may not be offered or sold in the United States of America absent registration or an exemption from registration under the U.S. Securities Act of 1933, as amended (the 'Securities Act'). The securities of TAKKT AG described herein have not been and will not be registered under the Securities Act, or the laws of any State, and may not be offered or sold within the United States, except pursuant to an exemption from, or in a transaction not subject to, the registration requirements of the Securities Act and applicable State laws. There is no intention to register any portion of the offering in the United States or conduct a public offering of securities in the United States.

This document does not constitute a public offer of securities in any member state of the European Economic Area. If the offering proceeds, the securities of TAKKT AG will be offered and sold exclusively in a manner that allows for a placement without a prospectus or similar offering document. In the United Kingdom, this document is only being distributed to, and is only directed at, and any investment or investment activity to which this announcement relates is available only to, and will be engaged in only with, qualified investors who are (i) investment professionals falling with Article 19(5) of the UK Financial Services and Markets Act 2000 (Financial Promotion) Order 2005 (the 'Order') or (ii) high net worth entities falling within Article 49(2)(a) to (d) of the Order (all such persons together being referred to as 'relevant persons'). Persons who are not relevant persons should not take any action on the basis of this announcement and should not act or rely on it.


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Michael Loch
Michael Loch
Head of Investor Relations
Tel: +49 711 3465-8222