TDK Micronas Visual

TDK publishes the definitive notice of the end result

- Ad hoc news | PR 1607

ZURICH, Switzerland, March 7, 2016 – With the publication of the definitive end result TDK Magnetic Field Sensor G.K. (the "Offeror") confirmed today the success rate of 90.48 percent.

Including the Micronas shares tendered into the offer, the participation of the Offeror and the persons acting in concert with the Offeror as at the end of the additional acceptance period on March 1, 2016, 4.00 p.m. CET, is 27,889,883 Micronas shares in total, corresponding to 93.72 percent of the voting rights and the share capital of Micronas consisting of 29,757,930 shares (including the Micronas shares issued until March 1, 2016, 4.00 p.m. CET, out of the conditional capital upon exercise of options exercisable under the stock option plan) (participation rate), and consists of:

  • a total of 26,153,857 Micronas shares which were tendered into the offer until the expiration of the additional acceptance period, corresponding to 90.48 percent of the maximum 28,905,654 Micronas shares to which the offer relates (success rate); and
  • 1,736,026 Micronas shares which the Offeror and the persons acting in concert with the Offeror hold at the end of the additional acceptance period.

Except for condition (c) of the Offer, which remains in force until the settlement of the Offer, all conditions according to Section B.7 (Conditions) of the Offer Prospectus are satisfied. The offer price for the Micronas Shares which were validly tendered during the offer period and the Additional Acceptance Period is expected to be paid on March 8, 2016.

For further information related to the public offer by TDK please refer to
https://www.micronas.tdk.com/en/investor-relations/publictenderoffer and
http://www.global.tdk.com/news_center/press/document.htm.

About Micronas
Micronas (SIX Swiss Exchange: MASN) the most preferred partner for sensing and control serves all major automotive electronics customers worldwide, many of them in long-term partnerships for lasting success. While the holding company is headquartered in Zurich (Switzerland), operational headquarters are based in Freiburg (Germany). Currently, the Micronas Group employs around 900 persons.

For further information
Susy Krucker
Investor Relations
Phone: +41 44 445 39 60
E-mail: investor@micronas.com

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