DD: Klöckner & Co SE: SWOCTEM GmbH, Acquisition of 11,533,662 shares as part of the voluntary public takeover offer by SWOCTEM GmbH to all shareholders of Klöckner & Co SE. According to ...
January 24, 2024 at 03:20 pm IST
Share
Notification and public disclosure of transactions by persons discharging managerial responsibilities and persons closely associated with them
24.01.2024 / 10:47 CET/CEST
The issuer is solely responsible for the content of this announcement.
1. Details of the person discharging managerial responsibilities / person closely associated
a) Name
Name and legal form:
SWOCTEM GmbH
2. Reason for the notification
a) Position / status
Person closely associated with:
Title:
Prof. Dr.-Ing. E.h.
First name:
Friedhelm
Last name(s):
Loh
Position:
Member of the administrative or supervisory body
b) Initial notification
3. Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a) Name
Klöckner & Co SE
b) LEI
529900CQ31CN6GV5LL52
4. Details of the transaction(s)
a) Description of the financial instrument, type of instrument, identification code
Type:
Share
ISIN:
DE000KC01000
b) Nature of the transaction
Acquisition of 11,533,662 shares as part of the voluntary public takeover offer by SWOCTEM GmbH to all shareholders of Klöckner & Co SE. According to Section 12 of the offer document dated March 27, 2023, the offer was subject to various offer conditions. On January 19, 2024, the last offer condition was fulfilled and the offer will be consummated in due course.
c) Price(s) and volume(s)
Price(s)
Volume(s)
9.75 EUR
112453204.50 EUR
d) Aggregated information
Price
Aggregated volume
9.75 EUR
112453204.50 EUR
e) Date of the transaction
19/01/2024; UTC+1
f) Place of the transaction
Outside a trading venue
24.01.2024 CET/CEST The EQS Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases. Archive at www.eqs-news.com
Kloeckner & Co SE is a Germany-based steel and metal distributor and steel service center. The Company's range includes products for building installations, roof and wall construction, and water supply. It processes flat steel products, such as thin sheets and strips as well as thick sheets, and long steel products, including merchant bars, sectional steel, beams, tubes, and hollow sections, such as structural hollow sections, precision tubes, and seamless heavy-wall pipes, stainless steel, and high-grade steel, including sheet, profiles, and tubes, as well as aluminum profiles, sheet, strip, and plates. Its service portfolio comprises coil processing, forming, and manufacturing of pressed parts, computer numerical control (CNC) turning and milling, two-dimensional (2D) and three-dimensional (3D) tube laser cutting, laser and water jet cutting, processing of steel and high-grade structural steel thermal cutting, surface treatment, including shot blasting and primer painting.