Grand Chip Investment Publishes AIXTRON Offer Document

(RTTNews) - Grand Chip Investment GmbH or the "Bidder" published the offer document with respect to a voluntary public takeover offer to the shareholders of AIXTRON SE, Herzogenrath, Germany, (AIXG) to acquire all no-par value registered shares of AIXTRON , including all AIXTRON Shares represented by American Depositary Shares. Subject to the terms and conditions contained in the Offer Document, AIXTRON securityholders are being offered EUR 6.00 in cash per AIXTRON Share, including all AIXTRON Shares represented by AIXTRON ADSs. The Takeover Offer will be subject to certain conditions precedent, including regulatory approvals and a minimum acceptance threshold of at least 60% of all AIXTRON Shares issued on 23 May 2016, including the AIXTRON Shares represented by AIXTRON ADSs.

The Bidder announced its decision to make a voluntary public takeover offer on 23 May 2016. At the same time, AIXTRON and one of its affiliates and the Bidder and certain of its affiliates entered into a Business Combination Agreement.

The German Federal Financial Supervisory Authority approved the publication of the Offer Document on 29 July 2016.

The publication of the Offer Document marks the beginning of the period for acceptance of the Takeover Offer. The period for acceptance ends on 7 October 2016, 24.00 hrs local time Frankfurt am Main, Federal Republic of Germany/6:00 p.m. local time New York, United States of America, respectively.

The transaction values AIXTRON's equity, including net cash, at approximately EUR 670 million and represents a 50.7% premium to the three-month volume weighted average share price prior to the Bidder's announcement of its decision to make a voluntary public takeover offer on 23 May 2016. The Executive Board and Supervisory Board of AIXTRON support the transaction and plan to publish their joint reasoned opinion immediately and around the day of the publication of AIXTRON's second quarter 2016 results.