HOME24
Associated tags: Frankfurt Stock Exchange, Lighting, LSW, EUR, Butler, Security (finance)
Locations: DEUTSCHLAND, BRASILIEN, EUROPA, MARKE, FRANCE, BELGIUM, SWITZERLAND, BRAZIL, AUSTRIA, ITALY, CONTINENTAL EUROPE, GERMANY, EUROPE, BERLIN, LATIN AMERICA, NETHERLANDS
EQS-News: Delisting offer successfully settled – Entities connected to XXXLutz Group secure approximately 95.96% of home24 shares
Wels, 21 September 2023 – RAS Beteiligungs GmbH, LSW GmbH and SGW-Immo-GmbH, three entities connected to XXXLutz Group ("XXXLutz"), have successfully settled the public delisting tender offer ("Offer") for all outstanding shares of home24 SE ("home24" or the "Company") on 20 September.
- Wels, 21 September 2023 – RAS Beteiligungs GmbH, LSW GmbH and SGW-Immo-GmbH, three entities connected to XXXLutz Group ("XXXLutz"), have successfully settled the public delisting tender offer ("Offer") for all outstanding shares of home24 SE ("home24" or the "Company") on 20 September.
- After the completion of the Offer, entities connected to XXXLutz have secured a stake of approximately 95.96% of the current share capital of home24.
- The Frankfurt Stock Exchange announced on 11 September 2023 that the delisting application by home24 has been accepted.
- Since then, home24 shares cannot be traded anymore on the regulated market of the Frankfurt Stock Exchange.
EQS-News: home24 SE: Delisting der home24 Aktien von der Frankfurter Wertpapierbörse erfolgt mit Ablauf des 14. September 2023
EQS-News: Delisting offer of bidders connected to XXXLutz Group for remaining home24 shares ends in two weeks
Wels, 25 August 2023 – The public delisting offer ("Offer") of RAS Beteiligungs GmbH, LSW GmbH and SGW-Immo-GmbH, three entities connected to XXXLutz Group ("XXXLutz"), for all outstanding shares of home24 SE ("home24" or the "Company") ends on 8 September 2023 at 24:00 hrs (local time in Frankfurt am Main, Germany).
- Wels, 25 August 2023 – The public delisting offer ("Offer") of RAS Beteiligungs GmbH, LSW GmbH and SGW-Immo-GmbH, three entities connected to XXXLutz Group ("XXXLutz"), for all outstanding shares of home24 SE ("home24" or the "Company") ends on 8 September 2023 at 24:00 hrs (local time in Frankfurt am Main, Germany).
- Until this point in time, the home24 shareholders that have not yet accepted the Offer have the opportunity to tender their shares in the context of the Offer.
- As of today, XXXLutz together with connected entities holds a total stake of 95.24% of the current share capital of home24.
- The planned delisting is expected to have consequences for the home24 share and the remaining shareholders of home24.
EQS-News: Bidders connected to XXXLutz Group announce start of acceptance period for public delisting offer for remaining home24 shares
Wels, 28 July 2023 – RAS Beteiligungs GmbH, LSW GmbH and SGW-Immo-GmbH, three entities connected to XXXLutz Group ("XXXLutz") today published the offer document for the public delisting offer ("Offer") for all outstanding shares of home24 SE ("home24" or the "Company") not held by XXXLutz at the time of the Offer.
- Wels, 28 July 2023 – RAS Beteiligungs GmbH, LSW GmbH and SGW-Immo-GmbH, three entities connected to XXXLutz Group ("XXXLutz") today published the offer document for the public delisting offer ("Offer") for all outstanding shares of home24 SE ("home24" or the "Company") not held by XXXLutz at the time of the Offer.
- Together with connected entities, XXXLutz has already secured a total stake of approximately 94.96% of the current share capital of home24.
- As of today, home24 shareholders can accept the delisting offer by tendering their home24 shares at an offer price of EUR 7.50 in cash for each target company share.
- The planned delisting is expected to have consequences for the home24 share and the remaining shareholders of home24.
EQS-News: Bidders connected to XXXLutz Group announce voluntary public delisting offer for remaining home24 shares
Wels, 28 June 2023 – RAS Beteiligungs GmbH, LSW GmbH and SGW-Immo-GmbH, three entities connected to XXXLutz Group ("XXXLutz") have today announced their decision to publish a voluntary public delisting offer ("Offer") for all outstanding shares of home24 SE ("home24" or the "Company") not held by XXXLutz at the time of the Offer.
- Wels, 28 June 2023 – RAS Beteiligungs GmbH, LSW GmbH and SGW-Immo-GmbH, three entities connected to XXXLutz Group ("XXXLutz") have today announced their decision to publish a voluntary public delisting offer ("Offer") for all outstanding shares of home24 SE ("home24" or the "Company") not held by XXXLutz at the time of the Offer.
- Together with connected entities, XXXLutz has secured a stake of approximately 94.65% of the current share capital of home24.
- XXXLutz will offer the remaining home24 shareholders a cash consideration of EUR 7.50 per home24 share.
- The planned delisting is expected to have consequences for the home24 share and the remaining shareholders of home24.
EQS-News: home24 SE: home24 wächst profitabel im ersten Quartal 2023
EQS-News: home24 SE: home24 grows profitably in first quarter 2023
Adjusted EBITDA also improved significantly and is clearly positive at EUR 3.3 million (Q1 2022: EUR -6.1 million).
- Adjusted EBITDA also improved significantly and is clearly positive at EUR 3.3 million (Q1 2022: EUR -6.1 million).
- "Our strategy of supplementing strong private label brands around Butlers and Studio Copenhagen with a complementary marketplace offering is working well," says Marc Appelhoff, CEO of home24.
- This can be seen, among other things, in the number of orders, which is 7% higher than the previous year's figure.
- Supported by its new majority shareholder, home24 will further expand its investment projects and thus its market position as an independent company.
EQS-News: home24 SE: General Meeting of home24 SE: Three new candidates proposed for election to Supervisory Board – Management Board Member Brigitte Wittekind resigns
home24 SE: General Meeting of home24 SE: Three new candidates proposed for election to Supervisory Board – Management Board Member Brigitte Wittekind resigns
- home24 SE: General Meeting of home24 SE: Three new candidates proposed for election to Supervisory Board – Management Board Member Brigitte Wittekind resigns
The issuer is solely responsible for the content of this announcement. - General Meeting of home24 SE: Three new candidates proposed for election to Supervisory Board – Management Board Member Brigitte Wittekind resigns
XXXLutz-Group proposes three new candidates for the Supervisory Board, Philipp Kreibohm, Co-founder of home24, stands for re-election
BERLIN, 25 May 2023 – home24 SE will hold its next Annual General Meeting as a virtual Annual General Meeting on Friday, June 30, 2023, starting at 12:00 noon. - The candidates proposed for election against this background exercise various management functions in the XXXLutz Group of companies.
- With the planned election, the new ownership structure will be also reflected in the company's Supervisory Board.