Hamburger Hafen und Logistik AG (HHLA) informs that Port of Hamburg Beteiligungsgesellschaft SE today published its decision to submit a voluntary public Takeover Offer pursuant to Sec. 10 para. 1 and Para. 3 when paired with 1 and para. 3 together with. 29 para. 1 34 in the Federal Securities Acquisition Act (Wertpapiererwerbsand Ubernahmegesetz”WpUG”) “WpUG”).

Port of Hamburg Beteiligungsgesellschaft SE, a wholly-owned indirect subsidiary of MSC Mediterranean Shipping Company S.A., Switzerland, on 13 September 2023 published its decision decided to submit a voluntary public takeover offer in the form of a cash offer to the shareholders of Hamburger Hafen und Logistik Aktiengesellschaft, to acquire all registered no-par value shares of class A stock in the Company, each share representing a proportional amount of EUR 1.00 of the share capital of the Company against payment of a cash consideration in the amount of EUR 16,75 per A-Share.

The Offer for Takeover will be conducted according to the terms and conditions laid in the offer documents. The Takeover Offer is subject to further co-operation to the German Federal Financial Supervisory Authority the Offer for Takeover is subject to approval by the required competition law as well as other regulatory approvals, as in addition to approval from the state legislatures of Hamburg.

The Bidder has also announced that, regarding the Offer to Buy, MSC as well as FHH and MSC Free and Hanseatic City of Hamburg (“FHH”) have reached a legally legal agreement that sets forth the fundamental parameters and conditions of the Takeover Offer, as well as the parties’ plans and agreements with regard toward the Company.

With close cooperation in close consultation with and in close consultation with the Supervisory Board at HHLA The Executive Board will review and review the proposed Takeover Offer, ensuring that it serves the best interest of the business while protecting the interests of all parties. HHLA will notify investors and the general public in line the applicable laws.

To find out more, visit hhla.de