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AUA

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Share Name Share Symbol Market Type
TSXV:AUA TSX Venture Common Stock
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 0 -

CORRECT: Lufthansa To Hold 95.4% Of Austrian Airlines Shares

10/09/2009 1:43pm

Dow Jones News


Adanac Molybdenum Corporation (TSXV:AUA)
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Air carrier Deutsche Lufthansa AG (LHA.XE) said Thursday it will hold 95.4% of shares in Austrian Airlines AG (AUA.VI) once transactions arising from its extended acceptance period have been concluded.

MAIN FACTS:

-Takeover offer to free-float shareholders expired Sept. 9.

-Further free-float shareholders representing about 8.9% of Austrian Airlines’ share capital have now accepted the public takeover bid made by Lufthansa.

-Upon completion of these further transactions, Lufthansa will indirectly hold 95.4% of Austrian Airlines shares (excluding those shares held by Austrian Airlines itself).

-Payment of the takeover price of EUR4.49 per Austrian Airlines share offered for sale during the extended grace period will be made by Sept. 23 at the latest.

 
-Frankfurt Bureau, Dow Jones Newswires; 49-69-29725-500 
 
 
 

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