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International Securities Identification Number (ISIN) DE000A1A6WB2 and DE000A254V53

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On 23 April 2020, the German Federal Financial Supervisory Authority (BaFin) approved the offer document of Philocity Holdings Sdn Bhd for the mandatory offer to the shareholders of Phicomm AG.

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The offer period runs from 24 April 2020 to 22 May 2020

The offer document can be found here [Mandatory Offer]

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On 5 March 2020, Philocity Holdings Sdn Bhd ("Bidder"), by way of purchase of shares in Phicomm AG ("Target Company"), directly acquired control within the meaning of section 35 para. 1 in conjunction with section 29 para. 2 WpÜG over the Target Company.
 

Since then, the Bidder directly holds 844,341 of a total of 1,257,873 no-par value bearer shares with voting rights in the Target Company. This corresponds to 67.12% of the voting rights in the Target Company.

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Contact:

Maximilian Fischer, Investor relations

Phone: +49 89 1392889-0

Email: m.fischer@max-em.de

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Nic Lim, Executive Director

Email: nic.lim@philocityholdings.com

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Mandatory offer to the shareholders of Phicomm AG

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- on 27 April 2020

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- on 6 April 2020

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