Schaltbau Group

DGAP-News: End of additional acceptance period of tender offer for Schaltbau

Thursday, October 14, 2021 - 3:19pm

- Voltage BidCo GmbH (the "Bidder"), a wholly-owned subsidiary of funds advised by The Carlyle Group ("Carlyle"), today announced the result of its voluntary public takeover offer (the "Offer") to all shareholders of Schaltbau Holding AG ("Schaltbau" or the "Company").

Key Points: 
  • - Voltage BidCo GmbH (the "Bidder"), a wholly-owned subsidiary of funds advised by The Carlyle Group ("Carlyle"), today announced the result of its voluntary public takeover offer (the "Offer") to all shareholders of Schaltbau Holding AG ("Schaltbau" or the "Company").
  • The additional acceptance period has commenced on September 28, 2021 and ended on October 11, 2021, 24:00 hours (Frankfurt am Main local time).
  • This announcement is neither an offer to purchase nor a solicitation of an offer to sell shares in the Company.
  • The Offer itself as well as its terms and conditions and further provisions concerning the Offer are set out in the offer document.

DGAP-News: Schaltbau Holding AG: Notice to the holders of the Mandatory Convertible Bond 2021/2022 (ISIN: DE000A3E5FV1)

Monday, September 27, 2021 - 7:32pm

Schaltbau Holding AG: Notice to the holders of the Mandatory Convertible Bond 2021/2022 (ISIN: DE000A3E5FV1)

Key Points: 
  • Schaltbau Holding AG: Notice to the holders of the Mandatory Convertible Bond 2021/2022 (ISIN: DE000A3E5FV1)
    The issuer is solely responsible for the content of this announcement.
  • Schaltbau Holding AG: Notice to the holders of the Mandatory Convertible Bond 2021/2022 (ISIN: DE000A3E5FV1)
    Munich, 27 September 2021 - Schaltbau Holding AG (the "Issuer") hereby announces pursuant to 11(b)(ii)(D) of the terms and conditions (the "Terms and Conditions") of the Mandatory Convertible Bonds 2021/2022 (ISIN DE000A3E5FV1, the "Bonds") that Voltage BidCo GmbH (the "Bidder") published today an announcement pursuant to Section 23 para.
  • by 22 September 2021, 24:00 hours (Frankfurt time), for 8,032,191 shares (this corresponds to approx.
  • Schaltbau Holding AG (ISIN: DE000A2NBTL2) is listed in the Prime Standard segment of the regulated market of Deutsche Brse AG in Frankfurt am Main.

DGAP-News: Schaltbau Holding AG: EcoVadis rating again improved

Wednesday, August 18, 2021 - 12:51pm

Silver status achieved with 59 of 100 points (2020: 54 of 100)

Key Points: 
  • Silver status achieved with 59 of 100 points (2020: 54 of 100)
    Munich, 18 August 2021 - Schaltbau Holding AG [ISIN DE000A2NBTL2] has further improved on last year's result in the annual EcoVadis sustainability rating by scoring 59 of a possible 100 points (2020: 54 of 100) and again achieved Silver status.
  • With over 75,000 companies assessed, EcoVadis is one of the largest globally operating sustainability rating organisations.
  • In a sector comparison (manufacturers of electronic components and boards), EcoVadis rated the Schaltbau Group among the top 15% of the companies it assessed.
  • "We are delighted about the excellent score achieved in this year's rating, particularly in a sector comparison," said Dr Jrgen Brandes, CEO of Schaltbau Holding AG.

DGAP-News: Voltage BidCo GmbH: Notification of intention to conclude a domination and profit and loss transfer agreement with Schaltbau Holding AG

Monday, August 9, 2021 - 7:01am

On 7 August 2021, Voltage BidCo GmbH (the "Bidder"), wholly-owned subsidiary of funds advised by The Carlyle Group, published its decision, pursuant to Sec.

Key Points: 
  • On 7 August 2021, Voltage BidCo GmbH (the "Bidder"), wholly-owned subsidiary of funds advised by The Carlyle Group, published its decision, pursuant to Sec.
  • Overall, such irrevocable undertakings relate to an aggregate 69 % of the Company's share capital and voting rights on a fully diluted basis.
  • Against this background, the Bidder hereby announces its intention to conclude a domination and profit and loss transfer agreement within the meaning of Sec.
  • Today, the Bidder informed the Company of such intention and asked the Company to enter into negotiations on the conclusion of such domination and profit and loss transfer agreement already now.

DGAP-News: Schaltbau Holding AG: Newly structured Syndicated Credit Agreement includes ESG component

Thursday, August 5, 2021 - 4:08pm

Schaltbau will utilise the new Syndicated Credit Agreement to repay the existing agreement amounting to EUR 172 million prior to the due date.

Key Points: 
  • Schaltbau will utilise the new Syndicated Credit Agreement to repay the existing agreement amounting to EUR 172 million prior to the due date.
  • For the first time, Schaltbau has entered into a credit agreement that includes an ESG component.
  • Based on the annual Ecovadis sustainability rating, Schaltbau Holding AG can reduce the cost of the credit by achieving predefined targets.
  • "The new Syndicated Credit Agreement gives us even greater flexibility in the use of our financial resources and lowers our financing costs," explained Steffen Munz, CFO of Schaltbau Holding AG.