Public Delisting Tender Offer

On 3 May 2021, ams Offer GmbH has announced its intention to launch a public delisting tender offer to all remaining shareholders of OSRAM Licht AG to create the prerequisites for a delisting of the OSRAM Shares from the regulated market (the “Delisting Offer”).

ams Offer GmbH intends to offer a cash consideration in the amount of EUR 52.30 per OSRAM Share. The Delisting Offer will not be subject to completion conditions.

ams encourages all remaining shareholders of OSRAM Licht AG to tender their shares into the Delisting Offer, which represents a financially attractive opportunity, and to thus sell their shares at a price which is in excess of both the statutory minimum consideration and the cash compensation of the domination and profit and loss transfer agreement between ams Offer GmbH and OSRAM Licht AG.

Consequences of the Delisting

Upon the delisting, trading of OSRAM Shares on the regulated market will terminate, which may result in a very limited liquidity and market price availability for OSRAM Shares as of this point in time. The delisting of OSRAM Licht AG from the regulated market will be independent of the actual tender rate under the Delisting Offer. The delisting of OSRAM Shares from the regulated market will also terminate the comprehensive financial reporting obligations of OSRAM Licht AG as well as the application of numerous other requirements to update the markets.

What are the next steps?

You will be able to tender your OSRAM Shares into the Delisting Offer once the offer document of the Delisting Offer has been published following approval by the German Federal Financial Supervisory Authority (BaFin) which we currently expect to happen around 21 May 2021. The Delisting Offer is then expected to be open for acceptance for a period of four weeks.

The offer document as well as all further relevant documents in connection with the Delisting Offer will be available for download under “Key Documents” following publication.

The offer document is available for download under “Key Documents”.

Key Documents

Please find all mandatory documents and additional information about the takeover offer at the links below.

If you have any questions regarding the takeover offer, please email us at   [email protected]