Find
Aug 21, 2013

Eurex

GSW Immobilien AG: Voluntary public takeover offer of Deutsche Wohnen AG

On 20 August 2013, the Executive Board and Supervisory Board of Deutsche Wohnen AG decided to make a voluntary public takeover offer to all shareholders of GSW Immobilien AG to acquire their no-par value bearer shares. In exchange for 20 GSW Immobilien AG shares, Deutsche Wohnen AG intends to offer 51 new no-par value bearer shares of Deutsche Wohnen AG (subject to the final determination of the minimum price). For further details, please refer to the website of the company under the link www.deutsche-wohnen.com.

Pursuant to the Contract Specifications for Futures Contracts and Options Contracts at Eurex Deutschland and Eurex Zürich, section 1.6.7 (7) for futures and section 2.6.10.1 (7) for options, an adjustment of the existing contracts will be made by means of the R-factor method, as soon as the transaction can be regarded as having taken effect.

As soon as the offer documents have been published by Deutsche Wohnen AG, we will inform you about the further procedure of the takeover offer in a seperate Eurex circular.

Please note that for the time being, no new options series and contract months will be introduced in the affected products (GIB, GIBF) as of 21 August 2013.

Market Status

XEUR

The market status window is an indication regarding the current technical availability of the trading system. It indicates whether news board messages regarding current technical issues of the trading system have been published or will be published shortly.

Please find further information about incident handling in the Emergency Playbook published on the Eurex webpage under Support --> Emergencies and safeguards. Detailed information about incident communication, market re-opening procedures and best practices for order and trade reconciliation can be found in the chapters 4.2, 4.3 and 4.5, respectively. Concrete information for the respective incident will be published during the incident via newsboard message. 

We strongly recommend not to take any decisions based on the indications in the market status window but to always check the production news board for comprehensive information on an incident.

An instant update of the Market Status requires an enabled up-to date Java™ version within the browser.