The independent bid committee of DDM Holding AG recommends the shareholders not to accept the public cash offer by Demeter Finance S.à.r.l.
Background This statement is made by DDM Holding AG´s independent bid committee pursuant to section II.19 of the Takeover Rules for Certain Trading Platforms (the “Takeover Rules”). Demeter Finance S.à.r.l. (“Demeter”) announced on 17 December 2018 a public cash offer to the shareholders of DDM Holding AG (“DDM” or the “Company”) to tender their shares in DDM to Demeter for a consideration of SEK 40.00 per share (the “Offer”). Should DDM, prior to settlement in the Offer, distribute dividends or in any other way distribute or transfer value to its shareholders, the consideration of