HDI V.a.G. complies with Talanx AG's request to terminate the stock exchange listing in Warsaw. By concentrating on the central trading place Xetra / Frankfurt, Talanx AG hopes to achieve more liquid and thus more attractive trading for its investors, and at the same time to reduce the costs of its listing. For legal reasons, however, it cannot make such a delisting offer itself. HDI V.a.G. intends to sell the shares acquired thereafter in a way that does not harm the market.
The offer period during which eligible shareholders can accept the offer will begin on 4 January 2021 and end on 2 February 2021.
This news release contains forward-looking statements which are based on certain assumptions, expectations and opinions of the Talanx AG management. These statements are, therefore, subject to certain known or unknown risks and uncertainties. A variety of factors, many of which are beyond Talanx AG’s control, affect Talanx AG’s business activities, business strategy, results, performance and achievements. Should one or more of these factors or risks or uncertainties materialise, actual results, performance or achievements of Talanx AG may vary materially from those expressed or implied in the relevant forward-looking statement. Talanx AG does not guarantee that the assumptions underlying such forward-looking statements are free from errors nor does Talanx AG accept any responsibility for the actual occurrence of the forecasted developments. Talanx AG neither intends, nor assumes any obligation, to update or revise these forward-looking statements in light of developments which differ from those anticipated.