Fernheizwerk Neukölln AG to seek delisting from Berlin Stock Exchange

Fernheizwerk Neukölln AG has decided to apply for the delisting of its shares from the regulated market (General Standard) of the Berlin Stock Exchange. This decision was made by the Management Board with the approval of the Supervisory Board.

To facilitate the delisting, the company’s majority shareholder, BEW Berliner Energie und Wärme GmbH, has announced a voluntary public tender offer to acquire all remaining shares not directly held by the parent company. The offer is expected to provide shareholders with a cash consideration of approximately EUR 24.20 per share. Following the delisting, the shares will no longer be traded on a regulated market in Germany or a comparable foreign market.