DGAP-News: Braas Monier Building Group S.A.: Publication of Supplementary Opinion in response to Standard Industries' Offer Amendment published 20 December 2016

Braas Monier Building Group S.A.: Publication of Supplementary Opinion in response to Standard Industries' Offer Amendment published 20 December 2016

DGAP-News: Braas Monier Building Group S.A. / Schlagwort(e):

Übernahmeangebot

Braas Monier Building Group S.A.: Publication of Supplementary Opinion in

response to Standard Industries' Offer Amendment published 20 December 2016

28.12.2016 / 11:53

Für den Inhalt der Mitteilung ist der Emittent verantwortlich.

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Publication of Supplementary Opinion in response to Standard Industries'

Offer Amendment published 20 December 2016

The Board of Braas Monier Unanimously Recommends that Shareholders Accept

Standard Industries' Amended Offer with a Total Economic Value of EUR 28.50

per share

Luxembourg, 28 December 2016. The Board of Directors of Braas Monier

Building Group S.A. (the "Board") today publishes its supplementary opinion

in response to Standard Industries' offer amendment published 20 December

2016. The Board is very pleased that a mutual agreement has been reached

which is favourable for all stakeholders.

Based on the increase of the consideration under the amended offer, the

capital increase and the payment of the interim dividend, Braas Monier

shareholders who accept the offer will receive a value totalling EUR 28.50

for each share held at the reference dates of the capital increase and the

interim dividend ("Total Economic Value"). This represents a 32.8% premium

to the 30-day VWAP and a 31.1% premium to Braas Monier's unaffected closing

share price of EUR 21.74 on 13 September 2016.

Based on the satisfactory negotiation of the Business Combination Agreement

and after careful review of the offer amendment, the Board regards the

Total Economic Value of EUR 28.50 as fair and adequate. The Board

unanimously recommends that Braas Monier shareholders accept the offer.

The full supplementary opinion is available on the Braas Monier website

under the following link: www.offer.braas-monier.com

Enquiries:

Braas Monier: Achim Schreck

Director Group Communications / Investor Relations

Tel: +49 6171 61 2859

Rothschild: John Deans

Tel: +44 (0) 20 7280 5000

Scott Harris: Alice Squires

Tel: +44 (0) 207 653 0030

CNC Communications: Harald Kinzler

Tel: +49 69 5060 37579

Disclaimer

It is expressly noted that the supplementary opinion alone is binding. The

information provided in this press release is not to be understood as an

explanation or supplement to the statements in the supplementary opinion.

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28.12.2016 Veröffentlichung einer Corporate News/Finanznachricht,

übermittelt durch DGAP - ein Service der EQS Group AG.

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Die DGAP Distributionsservices umfassen gesetzliche Meldepflichten,

Corporate News/Finanznachrichten und Pressemitteilungen.

Medienarchiv unter http://www.dgap.de

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Sprache: Deutsch

Unternehmen: Braas Monier Building Group S.A.

4, rue Lou Hemmer

1748 Senningerberg

Großherzogtum Luxemburg

Internet: www.braas-monier.com

ISIN: LU1075065190, LU1498426326

WKN: BMSA01, BMSA02

Indizes: SDAX

Börsen: Regulierter Markt in Frankfurt (Prime Standard);

Freiverkehr in Berlin, Düsseldorf, München, Stuttgart,

Tradegate Exchange

Ende der Mitteilung DGAP News-Service

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