Dai Nippon Printing Co., Ltd.
Notice Regarding Public Tender Result for AUSTRIACARD HOLDINGS AG Stocks Listed in Austria
Public tender for AUSTRIACARD HOLDINGS AG shares closed on August 21, with approximately 96.55% of tendered shares subscribed, indicating a high uptake. Some foreign investment clearance requirements remain unmet, and complete completion is anticipated to require additional clearances and an extension. Purchase price is 10.0 euros per share, with a total acquisition value of about 351 million euros.
Key Figures
- Acquisition value: about 351 million euros
- Number of tendered shares: 35,099,096 shares
- Voting rights ownership after acquisition: about 96.55%
AI要約
Overview of the Tender Offer
Dai Nippon Printing conducted a public tender for AUSTRIACARD HOLDINGS AG, with a period from June 12, 2026 to August 21, 2026. Purchase price is 10.0 euros per share (dividend included). The number of shares tendered is 35,099,096 (about 96.55%), meeting the minimum condition. Clearance for foreign investment from Austria, Greece, and Romania and antitrust approvals are prerequisites. Since Austrian foreign investment clearance has not yet been obtained, final completion awaits full satisfaction of acquisition conditions.
Outlook and Impact
The tender offer is expected to be completed in the second quarter of the fiscal year ending March 2027, with AUSTRIACARD becoming a consolidated subsidiary. An additional three-month extension of the tender period is planned (starting August 26, 2026 and ending November 26, 2026). It is anticipated that a squeeze-out will ultimately result in 100% ownership. Delisting procedures will be conducted in accordance with relevant laws. Impact on the earnings cycle is expected to be minimal, but any future disclosure items will be announced promptly.
Dai Nippon Printing Co., Ltd.
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