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1040421000000 | Ad hoc News

Ad hoc notification in accordance with Section 15 WpHG (German Securities Trading Act): Salamander and EnBW reach compromise with minority shareholders

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Today, Salamander AG reached a court settlement with the plaintiffs who filed an action for avoidance to rescind the squeeze-out resolution of the extraordinary AGM on September 11, 2002. Majority shareholder Energie Baden-Württemberg AG (EnBW) has joined this settlement, and the minority shareholders will now receive cash compensation of EUR 26.- per share for the transfer of their shares to EnBW. This brings an end to the actions for avoidance and creates the necessary preconditions for the entry of the squeeze-out resolution in the commercial register of Salamander AG.

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Corporate Communications
EnBW Energie Baden-Württemberg AG
Durlacher Allee 93
76131 Karlsruhe