Date: 09.02.2010
CEESEG AG makes public takeover bid and files complaint with the Constitutional Court
(Vienna) CEESEG AG will make a public takeover bid to the minority shareholders of the Ljubljana Stock Exchange as soon as possible. “We are currently in positive negotiations with the minority shareholders. I would like to once again stress that we are very interested in buying the minority shares and in finding a solution that is beneficial to the Slovenian capital market," says Heinrich Schaller, Member of the Management Board of CEESEG AG.
Furthermore, CEESEG AG has filed an appeal with the Slovenian Constitutional Court against the 1 February 2010 ruling of the Slovenian Supreme Court. In the ruling, the Supreme Court confirmed the decision of the Slovenian financial market supervisory body, ATVP, according to which the former Wiener Börse AG, now CEESEG AG, must make a takeover bid for the acquisition of the shares in the Ljublana Stock Exchange. Since the publication of the amendment to the Slovene Takeover Act, the acquirer of the shares has been of the opinion that the said amendment is unconstitutional, because it infringes already existing legal relations, and therefore, violates the constitutional right against the retroactive enactment of a law.
CEESEG AG is the holding company that owns 100% of the operational business entity, Wiener Börse AG, and holds a share of 81.01% in the Ljubljana Stock Exchange as well as 50.45% in the Budapest Stock Exchange and 92.74% in the Prague Stock Exchange.
For further information, please contact:
Beatrix Exinger, CEESEG AG
Phone: +43 (0) 1 53 165 - 153
Fax: +43 (0) 1 53 165 - 140
beatrix.exinger@wienerborse.at