Orior : Interim results of the offer by ORIOR Menu AG, a Company of the ORIOR Group, for all publicly held registered shares of Thurella AG
April 25, 2018 at 01:12 am EDT
Share
On 26 March 2018, ORIOR Menu AG («Offeror») published an offer («Offer») for all publicly held registered shares of Thurella AG with a nominal value CHF 50.00 each («Registered Shares»). The offer price for each Registered Share amounts to CHF 150.00 net in cash, less the gross amount of any dividends (or other dilutive effects), except for the spin-off of Thurella Immobilien AG, which occurs prior to the completion of the Offer.
Until the end of the offer period on 24 April 2018, 16:00, 95,952 Registered Shares were tendered to the Offeror. This corresponds to 68.02% of all Registered Shares to which the Offer relates. Including the 265,375 Registered Shares to be acquired by the Offeror under the conditional share purchase agreements with the main shareholders of Thurella AG and the 920 own Registered Shares held by Thurella AG or its subsidiaries, the participation quota of the Offeror amounts to 88.93% of all issued Registered Shares and voting rights of Thurella AG at the end of the offer period.
The additional acceptance period begins on 26 April 2018 and ends on 11 Mai 2018, 16:00. The Offeror reserves the right to extend the additional acceptance period. The payment of the offer price for the Registered Shares tendered during the offer period and the additional acceptance period is scheduled for 17 May 2018 and is subject to fulfilment of all conditions.
Additional information
The offer prospectus of 23 March 2018 (in German) is available at
Orior AG published this content on 25 April 2018 and is solely responsible for the information contained herein. Distributed by Public, unedited and unaltered, on 25 April 2018 05:11:03 UTC
Orior AG is a Switzerland-based company that offers convenience foods for the retail and the catering trades. The Company operates in three segments: ORIOR Refinement, which produces traditional products such as Bundnerfleisch, cured and cooked ham, salami and Mostbrockli, which are sold in the food retailing, restaurant and food service sectors; ORIOR Convenience, which is focused on fresh convenience products, such as ready-made dishes, pates and terrines, fresh pasta, vegetarian products and ready-to-cook poultry and meat products, as well as seafood, ORIOR Corporate, Export and Logistics, which is responsible for the small-scale distribution of fresh and chilled products throughout Switzerland, as well as the export and marketing of the Companyâs products under their respective brands, primarily in neighboring countries belonging to the European Union.
ORIOR AG 
