David L. Deck, Gilbert Schöni, Lee-Ann Laurent and Frank Scheunert (consortium) made an offer to acquire unknown stake in Porta Systems AG (DB:PFTA) on April 16, 2014. As part of transaction, shares will be acquired for €2.07 each. As a part of transaction, consortium signed a cooperation agreement (“on April 15, 2014 with several additional controlling persons acting jointly with the offerors and attained 42.59% stake. Also, consortium and the additional controlling persons intend to make arrangements for a capital increase against a contribution in kind in the form of all shares of ELANIX Technologies AG. Offerers intent to be represented on both boards of Porta AG in a manner that
adequately represents their shareholding after the offer. Porta AG is to remain a listed company and a squeeze-out is not intended.

David L. Deck, Gilbert Schöni, Lee-Ann Laurent and Frank Scheunert completed the acquisition of 0.05% stake in Porta Systems AG (DB:PFTA) for €534 on June 23, 2014.