The company Osram Licht AG announced on the 18th of October that the ams Offer GmbH intends to acquire Osram Licht AG via a takeover offer to the shareholders of Osram Licht AG at a price of EUR 41.00 per share.
More information about this transaction is available on the website of ams Offer GmbH under www.offer-ams-osram.com.
This information describes the potential effects this transaction will have on the above mentioned contracts.
On 06 July 2020 ams Offer GmbH announced that all conditions for the completion of the Osram Licht AG acquisition have been fulfilled. Accordingly, as described in the Corporate Action Infos 001-002 and pursuant to the Contract Specifications for Futures Contracts and Options Contracts at Eurex Deutschland and Eurex Zürich, number 2.6.10.1 (7), existing positions in Eurex options contracts on shares of Osram Licht AG will be settled at the theoretical fair value. Basis for the calculation of the fair values is the offer price of 41.00 Euro.
Settlement of the options contracts will take place with effective date 08 July 2020 based on the settlement prices of 07 July 2020.
On 07 July 2020 all participants with open positions will receive an information containing an overview of their respective open positions. Booking of the cash amount will take place on 07 July 2020 with value date 08 July 2020. In the end-of-day batch processing of 08 July 2020 the positions will be booked out effective 09 July 2020.
Last trading day in contracts on OSR was 06 July 2020.
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