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ANGEBOTSUNTERLAGE Freiwilliges Öffentliches Pflichtveröffentlichung gemäß §§ 34, 14 Abs. 2 und 3 Wertpapiererwerbs- und Übernahmegesetz (WpÜG) Aktionäre der WMF Württembergische Metallwarenfabrik Aktiengesellschaft, insbesondere mit Wohnsitz, Sitz oder gewöhnlichem Aufenthalt außerhalb der Bundesrep ublik Deutschland, sollten die Hinweise in Abschnitt 1 "Allgemeine Hinweise, insbesondere für Aktionäre mit Wohnsitz, Sitz oder gewöhnlichem Aufenthalt außerhalb der Bundesrepublik Deutschland" auf den Seiten 4 ff. dieser Angebotsunterlage sowie in Abschnitt 23 "Wichtige Hinweise für US-Aktionäre" auf den Sei- ten 48 ff. dieser Angebotsunterlage besonders beachten. ANGEBOTSUNTERLAGE Freiwilliges öffentliches Übernahmeangebot (Barangebot) der Finedining Capital GmbH Leopoldstraße 8-10, 80802 München, Deutschland an die Aktionäre der WMF Württembergische Metallwarenfabrik Aktiengesellschaft Eberhardstraße 17-47, 73309 Geislingen an der Steige, Deutschland zum Erwerb ihrer auf den Inhaber lautenden Stammaktien und ihrer auf den Inhaber lautenden Vor- zugsaktien an der WMF Württembergische Metallwarenfabrik Aktiengesellschaft gegen Zahlung einer Geldleistung in Höhe von EUR 47,00 je Stammaktie und EUR 31,80 je Vorzugsaktie der WMF Württembergische Metallwarenfabrik Aktiengesellschaft Die Annahmefrist läuft vom 16. August 2012 bis 20. September 2012, 24:00 Uhr (Ortszeit Frankfurt am Main) / 18:00 Uhr (Ortszeit New York) Aktien der WMF Württembergische Metallwarenfabrik Aktiengesellschaft: International Securities Identification Number (ISIN) DE0007803009 (Stammaktien) und DE0007803033 (Vorzugsaktien) Angediente Aktien der WMF Württembergische Metallwarenfabrik Aktiengesellschaft: ISIN DE000A1PHCS7 (Stammaktien) und ISIN DE000A1PHCV1 (Vorzugsaktien) Nachträglich Angediente Aktien der WMF Württembergische Metallwarenfabrik Aktiengesellschaft: ISIN DE000A1PHCT5 (Stammaktien) und ISIN DE000A1PHCU3 (Vorzugsaktien) INHALTSVERZEICHNIS 1. ALLGEMEINE HINWEISE, INSBESONDERE FÜR AKTIONÄRE MIT WOHNSITZ, SITZ ODER GEWÖHNLICHEM AUFENTHALT AUSSERHALB DER BUNDESREPUBLIK DEUTSCHLAND.........................................................................4 1.1 Rechtsgrundlagen – Durchführung des Übernahmeangebots nach den Vorschriften des deutschen Wertpapiererwerbs- und Übernahmegesetzes.............4 1.2 Veröffentlichung und Verbreitung der Angebotsunterlage .....................................5 1.3 Verbreitung dieser Angebotsunterlage durch Dritte................................................5 1.4 Annahme des Übernahmeangebots außerhalb der Bundesrepublik Deutschland ...6 2. VERÖFFENTLICHUNG DER ENTSCHEIDUNG ZUR ABGABE DES ÜBERNAHMEANGEBOTS ............................................................................................6 3. HINWEISE ZU DEN IN DER ANGEBOTSUNTERLAGE ENTHALTENEN ANGABEN .......................................................................................................................6 3.1 Allgemeines.............................................................................................................6 3.2 Stand und Quellen der in der Angebotsunterlage enthaltenen Informationen.........6 3.3 Zukunftsgerichtete Aussagen...................................................................................7 3.4 Keine Aktualisierung...............................................................................................7 4. ZUSAMMENFASSUNG DES ÜBERNAHMEANGEBOTS .........................................8 5. ÜBERNAHMEANGEBOT ............................................................................................11 5.1 Gegenstand ............................................................................................................11 5.2 Annahmefrist .........................................................................................................11 5.3 Verlängerungen der Annahmefrist ........................................................................11 5.4 Weitere Annahmefrist gemäß § 16 Abs. 2 WpÜG................................................12 6. BESCHREIBUNG DER BIETERIN..............................................................................12 6.1 Allgemeines...........................................................................................................12 6.2 Mit der Bieterin gemeinsam handelnde Personen .................................................14 6.3 Gegenwärtig von der Bieterin oder von mit der Bieterin gemeinsam handelnden Personen und deren Tochterunternehmen gehaltene WMF-Aktien, Zurechnung von Stimmrechten..................................................................................................14 6.4 Angaben zu Wertpapiergeschäften........................................................................14 7. BESCHREIBUNG DER WMF WÜRTTEMBERGISCHE METALLWARENFABRIK AKTIENGESELLSCHAFT............................................................................................16 7.1 Rechtliche Grundlagen und Kapitalverhältnisse ...................................................16 7.2 Überblick über die Geschäftstätigkeit der WMF-Gruppe .....................................16 7.3 Organe....................................................................................................................18 7.4 Mit der Zielgesellschaft gemeinsam handelnde Personen.....................................18 - 1 - 7.5 Hinweise auf die Stellungnahme von Vorstand und Aufsichtsrat der WMF Württembergische Metallwarenfabrik Aktiengesellschaft zum Übernahmeangebot ...............................................................................................................................18 8. WIRTSCHAFTLICHER UND STRATEGISCHER HINTERGRUND DES ÜBERNAHMEANGEBOTS ..........................................................................................19 9. ABSICHTEN DER BIETERIN I R HINBLICK AUF DIE ZUKÜNFTIGE GESCHÄFTSTÄTIGKEIT DER WMF WÜRTTEMBERGISCHE METALLWARENFABRIK AKTIENGESELLSCHAFT UND DER BIETERIN .......20 9.1 Künftige Geschäftstätigkeit, Vermögen und Verpflichtungen ..............................20 9.2 Vorstand und Aufsichtsrat der WMF Württembergische Metallwarenfabrik Aktiengesellschaft..................................................................................................20 9.3 Arbeitnehmer, Beschäftigungsbedingungen und Arbeitnehmervertretungen der WMF Württembergische Metallwarenfabrik Aktiengesellschaft und der WMF- Gruppe ...................................................................................................................21 9.4 Sitz der WMF Württembergische Metallwarenfabrik Aktiengesellschaft, Standort wesentlicher Unternehmensteile............................................................................21 9.5 Beabsichtigte Strukturmaßnahmen........................................................................21 9.6 Absichten im Hinblick auf die Geschäftstätigkeit der Bieterin.............................23 10. GEGENLEISTUNG (ANGEBOTSPREIS)....................................................................23 10.1 Gesetzlicher Mindestangebotspreis .......................................................................23 10.2 Wirtschaftliche Angemessenheit des Angebotspreises .........................................24 10.3 Keine Anwendbarkeit von § 33b WpÜG...............................................................25 11. ERFORDERNIS UND STAND BEHÖRDLICHER GENEHMIGUNGEN UND VERFAHREN.................................................................................................................26 11.1 Erfordernis fusionskontrollrechtlicher und außenwirtschaftsrechtlicher Freigaben 26 11.2 Stand der Fusionskontrollverfahren und des außenwirtschaftsrechtlichen Freigabeverfahrens ................................................................................................28 11.3 Gestattung der Veröffentlichung der Angebotsunterlage......................................29 12. ANGEBOTSBEDINGUNGEN ......................................................................................29 12.1 Angebotsbedingungen (Fusionskontrollrechtliche und außenwirtschaftsrechtliche Freigaben)..............................................................................................................29 12.2 Verzicht auf Angebotsbedingungen ......................................................................30 12.3 Nichteintritt von Angebotsbedingungen................................................................31 12.4 Veröffentlichung des Eintritts bzw. Nichteintritts der Angebotsbedingungen......31 13. ANNAHME UND DURCHFÜHRUNG DES ÜBERNAHMEANGEBOTS ................31 13.1 Zentrale Abwicklungsstelle ...................................................................................31 13.2 Annahme des Übernahmeangebots innerhalb der Annahmefrist ..........................31 - 2 - 13.3 Börsenhandel mit Angedienten WMF-Aktien und Nachträglich Angedienten WMF-Aktien..........................................................................................................34 13.4 Kosten der Annahme .............................................................................................34 13.5 Rückabwicklung bei Nichteintritt der Angebotsbedingungen...............................34 13.6 Abwicklung des Übernahmeangebots und Kaufpreiszahlung bei Annahme innerhalb der Annahmefrist...................................................................................35 13.7 Annahme innerhalb der Weiteren Annahmefrist...................................................35 14. FINANZIERUNG...........................................................................................................36
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