ams announces start of acceptance period for new takeover offer for OSRAM
(World News Austria)

NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION (IN WHOLE OR IN PART) IN, INTO OR FROM ANY JURISDICTION WHERE TO DO SO WOULD CONSTITUTE A VIOLATION OF THE RELEVANT LAWS OF SUCH JURISDICTION · Publication of offer document following clearance, starting four-week acceptance period running from 7 November until 5 December 2019 · Reflecting on its position as the pre-eminent OSRAM shareholder, ams has lowered the minimum acceptance threshold to 55% · EUR 41.00 offer price reflects a premium of 42% to the undisturbed share price of OSRAM as of 2 July 2019 (EUR 28.92) · ams and OSRAM in continued constructive talks on conclusion of Business Combination Agreement Premstaetten, Austria (7 November...