We don’t support this browser anymore.
This means our website may not look and work as you would expect. Read more about browsers and how to update them here.

VA-Q-TEC AG (VQT) NPV

Sell:€23.10 Buy:€23.50 Change: €0.1 (0.43%)
Prices delayed by at least 15 minutes | Switch to live prices |
Takeover

VA-Q-TEC AG NPV

Type:
Takeover
Shareholder action required:
Yes
Status:
Client deadline
Details (last updated 23 Apr 2024)

Fahrenheit AcquiCo GmbH has announced the details of a delisting agreement and takeover offer, aimed at delisting the Va-Q-tec AG shares. Shareholders are being offered EUR21.80 for each share held. This type of offer requires that the offer price be fairly determined by a neutral third party, in this case Ernst & Young GmbH.

 

If you don’t want to sell any shares, you don’t need to do anything. Depending on the level of acceptance the offeror has stated its intention to delist the remaining shares at a later date.

 

Please note that the current share price of Va-Q-tec AG is higher than the offer price so you will currently receive greater returns should you sell these shares in the market as opposed to via the offer. We recommend that you check the share price before giving an election.

 

Sell shares in the offer – Act by noon on Friday 10 May 2024

 

Cash from any successful tender will be converted from Euros to Pound Sterling upon receipt, based on the prevailing exchange rate at the time and our standard currency conversion fees, and credited to your account.

 

Full details of this event will be sent to Qualifying Hargreaves Lansdown clients by either post or secure message. Please note that any instruction you give must be based on the full details provided in the letter/message and not on the summary information outlined above.

 

×
Sell:€23.10
Buy:€23.50
Change: €0.1 (0.43%)
Deal now Deal for just £11.95 per trade in a Stocks and Shares ISA, Lifetime ISA , SIPP or Fund and Share Account
Deal now
Prices delayed by at least 15 minutes | Switch to live prices |
Takeover

VA-Q-TEC AG NPV

Type:
Takeover
Shareholder action required:
Yes
Status:
Client deadline
Details (last updated 23 Apr 2024)

Fahrenheit AcquiCo GmbH has announced the details of a delisting agreement and takeover offer, aimed at delisting the Va-Q-tec AG shares. Shareholders are being offered EUR21.80 for each share held. This type of offer requires that the offer price be fairly determined by a neutral third party, in this case Ernst & Young GmbH.

 

If you don’t want to sell any shares, you don’t need to do anything. Depending on the level of acceptance the offeror has stated its intention to delist the remaining shares at a later date.

 

Please note that the current share price of Va-Q-tec AG is higher than the offer price so you will currently receive greater returns should you sell these shares in the market as opposed to via the offer. We recommend that you check the share price before giving an election.

 

Sell shares in the offer – Act by noon on Friday 10 May 2024

 

Cash from any successful tender will be converted from Euros to Pound Sterling upon receipt, based on the prevailing exchange rate at the time and our standard currency conversion fees, and credited to your account.

 

Full details of this event will be sent to Qualifying Hargreaves Lansdown clients by either post or secure message. Please note that any instruction you give must be based on the full details provided in the letter/message and not on the summary information outlined above.

 

×
Sell:€23.10
Buy:€23.50
Change: €0.1 (0.43%)
Prices delayed by at least 15 minutes | Switch to live prices |
Takeover

VA-Q-TEC AG NPV

Type:
Takeover
Shareholder action required:
Yes
Status:
Client deadline
Details (last updated 23 Apr 2024)

Fahrenheit AcquiCo GmbH has announced the details of a delisting agreement and takeover offer, aimed at delisting the Va-Q-tec AG shares. Shareholders are being offered EUR21.80 for each share held. This type of offer requires that the offer price be fairly determined by a neutral third party, in this case Ernst & Young GmbH.

 

If you don’t want to sell any shares, you don’t need to do anything. Depending on the level of acceptance the offeror has stated its intention to delist the remaining shares at a later date.

 

Please note that the current share price of Va-Q-tec AG is higher than the offer price so you will currently receive greater returns should you sell these shares in the market as opposed to via the offer. We recommend that you check the share price before giving an election.

 

Sell shares in the offer – Act by noon on Friday 10 May 2024

 

Cash from any successful tender will be converted from Euros to Pound Sterling upon receipt, based on the prevailing exchange rate at the time and our standard currency conversion fees, and credited to your account.

 

Full details of this event will be sent to Qualifying Hargreaves Lansdown clients by either post or secure message. Please note that any instruction you give must be based on the full details provided in the letter/message and not on the summary information outlined above.

 

×
The selling price currently displayed is higher than the buying price. This can occur temporarily for a variety of reasons; shortly before the market opens, after the market closes or because of extraordinary price volatility during the trading day.

Business summary

va Q tec AG is a Germany-based company that provides various products and solutions in the field of thermal insulation and TempChain logistics. The Company develops, manufactures and sells, thin vacuum insulation panels (VIPs) and phase change materials (PCMs) for efficient temperature control and insulation, and also produces passive thermal containers and boxes by integrating VIPs and PCMs. It provides insulation solutions for pharmaceutical and biotechnological clinical trials, laboratory devices, hot water storage tanks, ducting systems, electrical equipment, refrigerators and freezers, exterior walls, internal walls, floors, facades, roofs, balconies, winter gardens, passenger and commercial vehicles, aircrafts and ships, among others.

Contact details

Address:
Alfred-Nobel-Str. 33
WUERZBURG
97080
Germany
Telephone:
+49 (931) 359420
Website:
https://www.va-q-tec.com/

Important dates

Future events
There are no future events available.
Past events
There are no past events available.

General stock information

Short code:
VQT
ISIN:
DE0006636681
Market cap:
€340.94 million
Shares in issue:
13.40 million
Sector:
Industrial Machinery & Supplies & Components
Exchange:
-
Country:
Germany
Currency:
Euro
Indices:
n/a

Key personnel

  • Gerald Hommel
    Chairman of the Supervisory Board
  • Joachim Kuhn
    Chairman of the Management Board, Chief Executive Officer
  • Barbara Ooms-Gnauck
    Deputy Chairman of the Supervisory Board
  • Stefan Doehmen
    Chief Financial Officer, Member of the Management Board
  • Steve Healy
    Managing Director of va-Q-tec Ltd, UK
  • Sven Larsen
    Managing Director of va-Q-tec Ltd, UK
  • Insook Yoo
    Managing Director of va-Q-tec Ltd, Korea and va-Q-tec GK, Japan

Data policy - All information should be used for indicative purposes only. You should independently check data before making any investment decision. HL cannot guarantee that the data is accurate or complete, and accepts no responsibility for how it may be used. Business summary, contact details and key personnel provided by Thomson Reuters. Important dates provided by Digital Look Ltd. General stock information provided by Reuters.

Options

Share

The London Stock Exchange does not disclose whether a trade is a buy or a sell so this data is estimated based on the trade price received and the LSE-quoted mid-price at the point the trade is placed. It should only be considered an indication and not a recommendation.

Trades priced above the mid-price at the time the trade is placed are labelled as a buy; those priced below the mid-price are sells; and those priced close to the mid-price or declared late are labelled 'N/A'.