Diebold meets tender condition for Wincor Nixdorf shares

Source: Diebold

Diebold, Incorporated (DBD), a global leader in providing self-service delivery, services and software primarily to the financial industry, today announced that, based on the preliminary information received from Clearstream, an international settlement and custody organization, Diebold has reached 68.9 percent of Wincor Nixdorf (FWB: WIN, ISIN: DE000A0CAYB2) shares for purposes of satisfying the minimum tender condition of the proposed offer as of 1:00 pm CET .

On this basis, and subject to final verification, the voluntary public takeover offer for all no-par value bearer shares of Wincor Nixdorf has succeeded in reaching the minimum acceptance rate of 67.6 percent of all existing Wincor Nixdorf shares (including treasury shares held by Wincor Nixdorf). The offer acceptance period expired at 24:00 hours (Central European Time), on Tuesday, March 22, 2016 . Diebold expects to publish the final results of the acceptance period on March 29 , 2016. The offer remains subject to regulatory approval and is targeted to close in the summer of 2016.

According to the German Securities Acquisition and Takeover Act (WpÜG), shareholders of Wincor Nixdorf who have not tendered their shares can still accept the offer by tendering their shares during the additional acceptance period, which is expected to begin on March 30, 2016 and to end on April 12, 2016 at midnight (Central European Summer Time). Withdrawal rights for the offer have expired. 

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