Vienna/Waidhofen an der Ybbs
Vienna/Waidhofen an der Ybbs, 13 August 2015: In its report of today issued pursuant to § 3 (2) Austrian Shareholder Exclusion Act, KPMG Alpen-Treuhand GmbH Wirtschaftsprüfungs- und Steuerberatungsgesellschaft as independent auditor appointed by the court confirmed the correctness of the joint report produced by the executive board of BENE AG and the main shareholder BGO Beteiligungsverwaltungs GmbH pursuant to § 3 (1) Austrian Shareholder Exclusion Act as well as the adequacy of the cash compensation of EUR 1.03 per share.
The supervisory board of BENE AG examined the intended squeeze-out of the minority shareholders on the basis of the report by the independent auditor appointed by the court and the joint report by the executive board of BENE AG and the main shareholder BGO Beteiligungsverwaltungs GmbH pursuant to § 3 (3) Austrian Shareholder Exclusion Act and confirmed the adequacy of the cash compensation in its report also of today. In addition, the supervisory board endorsed the intended squeeze-out of the minority shareholders.
Bene is a leading international specialist in the design and furnishing of inspiring office and working environments. Bene defines the office as a living space and its concepts, products and services turn this philosophy into reality. It combines a tradition of quality stretching back 225 years with innovation and award-winning design. The corporate group is listed on the Vienna Stock Exchange, has its head office and production facilities in Waidhofen an der Ybbs, Austria, and is active in more than 40 countries. As a full-service provider, Bene implements forward-looking office concepts that contribute to the commercial success of its customers.