Sensor supplier ams increases direct shareholding in Osram to 19.99%

Oct 4, 2019   Tier Suppliers

ams, a supplier of high performance sensor solutions, has announced that it now holds 19.99% of all OSRAM Licht AG ("OSRAM") shares as a direct shareholding.

This shareholding includes OSRAM shares unconditionally bought by ams but does not include the shares already tendered into ams’ all-cash takeover offer for 100% of the share capital of OSRAM at €41.00 ($43) per OSRAM share (the "Best and Final Offer").

The level of 19.99% is ams’ targeted maximum direct shareholding in OSRAM which ams will not exceed for regulatory reasons prior to obtaining the required merger control and other regulatory clearances.

The Best and Final Offer expired at 24:00 CEST on October 1 and significant additional tenders are still required to achieve the minimum acceptance threshold which is necessary for the offer to be successful. All remaining OSRAM shareholders therefore need to tender their shares today to capitalise on this superior offer.

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