14.09.2016 Capital Stage AG  DE0006095003

DGAP-News: Capital Stage AG: Takeover offer convinces the majority of CHORUS shareholders - Minimum Acceptance Level exceeded


 
DGAP-News: Capital Stage AG / Key word(s): Takeover/Offer Capital Stage AG: Takeover offer convinces the majority of CHORUS shareholders - Minimum Acceptance Level exceeded 14.09.2016 / 16:40 The issuer is solely responsible for the content of this announcement. --------------------------------------------------------------------------- Capital Stage AG: Takeover offer convinces the majority of CHORUS shareholders; Minimum Acceptance Level exceeded - Acceptance ratio of 50 percent and one share exceeded - Capital Stage and CHORUS continue envisaged combination - CHORUS shares can be tendered in further acceptance period Hamburg, September 14, 2016, Capital Stage AG ("Capital Stage") announces that as of today more than 50 % of the CHORUS Clean Energy AG ("CHORUS") shareholders have accepted the voluntary public takeover offer (the "Exchange Offer") by Capital Stage. The pre-agreed minimum acceptance ratio agreed has been reached prematurely and therefore an essential closing condition of the transaction is thereby fulfilled. "We are pleased that the majority of the CHORUS shareholders has accepted our Exchange Offer", commented Prof. Dr. Klaus-Dieter Maubach, CEO of Capital Stage. "The minimum acceptance rate has been reached prematurely and we now continue to focus towards the envisaged combination of both companies." The Exchange Offer is arranged by way of a share exchange. CHORUS shareholders receive five (5) Capital Stage shares for each three (3) CHORUS shares. The acceptance period will end at midnight (CET) on September 16, 2016. CHORUS shareholders who have not yet tendered their shares have the opportunity to accept the exchange offer under unchanged conditions from September 22, 2016 until midnight (CET) October 5, 2016. CHORUS shareholders that have decided not to accept the exchange offer will keep their CHORUS shares. These shares will be tradeable on the stock exchange during the entire acceptance period and after the execution of the transaction until further notice. Depending on the final acceptance ratio of the exchange offer, the free float trading volume will decrease. Share price level, liquidity and tradability of the shares may be affected and strong price fluctuations cannot be ruled out. About Capital Stage AG: Since 2009, Capital Stage has acquired solar power plants and wind parks in Germany, France, Italy and the UK with a total generation capacity of more than 600 MW. As such, Capital Stage today is Germany's largest independent operator of solar parks. Capital Stage today also is Germany's largest independent operator of solar parks. The high quality of the existing portfolio in combination with an excellent O&M management generate attractive returns and stable revenues for Capital Stage, while offering only a moderate level of investment risk. Capital Stage AG is listed in the regulated market (Prime Standard) of the Frankfurt Stock Exchange and in the regulated market of the Hanseatic Stock Exchange Hamburg (ISIN: DE0006095003 / WKN: 609500). The shares of Capital Stage AG have been listed in the Deutsche Börse Frankfurt a. M. selective index SDAX since March 2014. For more information, visit www.capitalstage.com Important information This announcement is neither an offer to exchange nor a solicitation of an offer to exchange CHORUS Clean Energy AG shares, but rather contains a mandatory statement according to the WpÜG in relations to a public takeover offer. Moreover, this announcement is neither an offer to purchase nor a solicitation to purchase Capital Stage AG shares. The terms and further provisions regarding the Takeover Offer are disclosed in the Offer Document approved by the German Federal Financial Supervisory Authority. Investors and holders of CHORUS Clean Energy AG shares are strongly recommended to read the Offer Document and all announcements in connection with the public takeover offer as they contain or will contain important information. The takeover offer will be conducted exclusively on the basis of the laws of the Federal Republic of Germany, in particular, the German Securities and Takeover Act and the regulation on the Content of the Offer Document, Consideration for Takeover Offers and Mandatory Offers and the Release from the Obligation to Publish and Issue an Offer (the "WpÜGAngebV"). The Exchange Offer is made in the USA on the basis of an exception to the rules for takeover offers in accordance with rule 14d-1(c) of the US Securities Exchange Act of 1934, as amended, (the "Securities Exchange Act") and the offer and the issue of the shares of the Bidder offered here (as defined in item 3 of the Offer Document) is made on the basis of an exception to the US registration rules pursuant to rule 802 of the US Securities Act of 1933, as amended (the "Securities Act"). The Exchange Offer is otherwise made under the applicable German provisions. The Exchange Offer is made for the securities of a German company. The Exchange Offer is therefore subject to disclosure and other procedural provisions - for instance in relation to withdrawal rights, the offer timetable, settlement provisions and the date on which the consideration is rendered - that may differ from the disclosure and procedural rules used in US exchange offers. Financial statements included in the Offer Document, if any, have been prepared in accordance with foreign accounting standards that may not be comparable to the financial statements of US companies. It may be difficult for you to enforce your rights and any claim you may have arising under the federal securities laws, since Capital Stage AG and CHORUS Clean Energy AG are located in Germany, and some or all of their officers and directors may be residents of a foreign country. You may not be able to sue a foreign company or its officers or directors in a foreign court for violations of the US securities laws. It may be difficult to compel a foreign company and its affiliates to subject themselves to a US court's judgment. Capital Stage AG may purchase securities otherwise than under the Exchange Offer. Subject to item 1.2 of the offer document, the publication, mailing, dissemination or distribution of the offer document and other documents associated with the Takeover Offer outside the Federal Republic is prohibited for third parties. The information in this release may contain forward-looking statements that are subject to various risks and uncertainties. Such forward-looking statements are based on current forecasts, expectations and estimates of Capital Stage AG's Executive Board at the time of their publication. Such statements constitute neither promises nor guarantees and are subject to various known and unknown risks and uncertainties, some of which are beyond Capital Stage AG's influence. These risks and uncertainties may lead to actual results differing materially from statements that are mentioned herein. Capital Stage AG accepts no obligation to update or adjust the forward-looking statements contained in this release to reflect events or circumstances after the date of this release. This document is published in German and as an English translation. In the event of any conflict or inconsistency between the English and the German versions, the German version shall prevail. Contact: Capital Stage AG Till Gießmann Head of Investor & Public Relations Fon.: + 49 (0)40 37 85 62-242 Fax: + 49 (0)40 37 85 62-129 e-mail: [email protected] --------------------------------------------------------------------------- 14.09.2016 Dissemination of a Corporate News, transmitted by DGAP - a service of EQS Group AG. The issuer is solely responsible for the content of this announcement. The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases. Archive at www.dgap.de --------------------------------------------------------------------------- Language: English Company: Capital Stage AG Große Elbstraße 59 22767 Hamburg Germany Phone: +49 4037 85 62 -0 Fax: +49 4037 85 62 -129 E-mail: [email protected] Internet: www.capitalstage.com ISIN: DE0006095003 WKN: 609500 Indices: SDAX Listed: Regulated Market in Frankfurt (Prime Standard), Hamburg; Regulated Unofficial Market in Berlin, Dusseldorf, Munich, Stuttgart, Tradegate Exchange End of News DGAP News Service --------------------------------------------------------------------------- 501827 14.09.2016


Die wichtigsten Finanzdaten auf einen Blick
  2017 2018 2019 2020 2021 2022 2023e
Umsatzerlöse1 222,43 248,79 273,82 292,30 332,70 487,34 469,64
EBITDA1,2 166,77 186,89 217,63 224,82 256,40 376,50 332,67
EBITDA-Marge3 74,98 75,12 79,48 76,91 77,07 77,26
EBIT1,4 100,39 113,68 132,23 132,16 149,05 161,87 163,07
EBIT-Marge5 45,13 45,69 48,29 45,21 44,80 33,22 34,72
Jahresüberschuss1 39,96 47,04 63,45 68,29 77,00 83,60 58,73
Netto-Marge6 17,97 18,91 23,17 23,36 23,14 17,15 12,51
Cashflow1,7 153,04 174,28 189,32 212,95 251,94 327,24 234,88
Ergebnis je Aktie8 0,29 0,31 0,43 0,43 0,52 0,48 0,33
Dividende8 0,20 0,24 0,26 0,28 0,30 0,00 0,13
Quelle: boersengefluester.de und Firmenangaben

  Geschäftsbericht 2023 - Kostenfrei herunterladen.  
1 in Mio. Euro; 2 EBITDA = Ergebnis vor Zinsen, Steuern und Abschreibungen; 3 EBITDA in Relation zum Umsatz; 4 EBIT = Ergebnis vor Zinsen und Steuern; 5 EBIT in Relation zum Umsatz; 6 Jahresüberschuss (-fehlbetrag) in Relation zum Umsatz; 7 Cashflow aus der gewöhnlichen Geschäftstätigkeit; 8 in Euro; Quelle: boersengefluester.de

Wirtschaftsprüfer: PricewaterhouseCoopers

INVESTOR-INFORMATIONEN
©boersengefluester.de
Encavis
WKN Kurs in € Einschätzung Börsenwert in Mio. €
609500 16,880 Halten 2.718,19
KGV 2025e KGV 10Y-Ø BGFL-Ratio Shiller-KGV
37,51 35,15 1,07 47,68
KBV KCV KUV EV/EBITDA
2,91 11,57 5,79 12,58
Dividende '22 in € Dividende '23e in € Div.-Rendite '23e
in %
Hauptversammlung
0,00 0,00 0,00 05.06.2024
Q1-Zahlen Q2-Zahlen Q3-Zahlen Bilanz-PK
15.05.2024 15.08.2024 13.11.2024 26.03.2024
Abstand 60Tage-Linie Abstand 200Tage-Linie Performance YtD Performance 52 Wochen
19,13% 21,89% 8,27% 8,48%
    
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Solar-/Windparks , 609500 , ECV , XETR:ECV