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Axel Springer SE: Takeover

Release date: to be announced

Axel Springer SE: Takeover

The company Kohlberg Kravis Roberts & Co. announced its proposal to acquire Axel Springer SE via a takeover offer to the shareholders of Axel Springer SE at a price of EUR 63.00 per share.

Please be advised, that the shares which are contracted in the shareholder agreement of the investor Kohlberg Kravis Roberts & Co. with Dr. h.c. Friede Springer and Dr. Mathias Döpfner, under the condition of verification of the offer documents, will be taken into consideration if more than 50 per cent are attributable to the bidder.

More information about this transaction is available on the company`s website under https://www.axelspringer.com

This information describes the potential effects this transaction will have on the above mentioned contracts.


On 05 August 2019, the final result of the public offer to the shareholders of Axel Springer SE was announced and declared as successful. According to the notice, the settlement of the Offer has been postponed until the satisfaction of all Offer conditions. Please be aware, that with effect as of 06 August, 2019 until completion of the offer, the Eurex contracts will change to the tendered line.

Accordingly, the ISIN of the above mentioned contracts will change as specified in the following table.

Product code
old/new

ISIN of the underlying instrument old

ISIN of the underlying instrument new

Product ISIN old

Product ISIN new

SPR

DE0005501357

DE000A2YPGA9

DE0005501357

DE000A2YPGA9

SPRG

DE0005501357

DE000A2YPGA9

DE000A1KQPX1

DE000A1KQPX1

Settlement of the contracts will be processed as soon as the bidder declares the offer as unconditional. The exact date, as well as the settlement details will be published immediately after the transaction has been declared unconditional.

The updated Contract Specifications for Futures Contracts and Options contracts at Eurex Deutschland will be published on the Eurex website www.eurexchange.com under the link:
Resources > Rules and Regulations > Contract specifications

 

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