05.02.2024 18:30:19 - dpa-AFX: EQS-News: CropEnergies submits delisting application to Frankfurt Stock Exchange (english)

CropEnergies submits delisting application to Frankfurt Stock Exchange

EQS-News: CropEnergies AG / Key word(s): Delisting
CropEnergies submits delisting application to Frankfurt Stock Exchange

05.02.2024 / 18:30 CET/CEST
The issuer is solely responsible for the content of this announcement.

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NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION (IN WHOLE OR IN PART) IN, INTO
OR FROM ANY OTHER JURISDICTION WHERE TO DO SO WOULD VIOLATE THE LAWS OF SUCH
JURISDICTION

Delisting is expected to become effective by the end of February 2024

Mannheim, 5 February 2024 - CropEnergies AG, Mannheim, ('CropEnergies')
plans to withdraw from the stock exchange in the course of the public
delisting tender offer of Südzucker AG ('Südzucker') to the shareholders of
CropEnergies. Therefore, CropEnergies applied for the revocation of the
admission of all CropEnergies shares to trading on the regulated market
(Prime Standard) of the Frankfurt Stock Exchange on 5 February 2024.

CropEnergies shareholders can still accept Südzucker's public delisting
tender offer at EUR 11.50 cash per share until 16 February 2024, at midnight
(CET).

The delisting tender offer is not subject to any conditions. The delisting
of the CropEnergies shares from the regulated market is expected to become
effective after the expiry of the acceptance period of the public delisting
tender offer by the end of February 2024. Following the delisting, trading
of the CropEnergies share on the regulated market will terminate, which may
result in very limited liquidity and price availability of CropEnergies
shares.

In addition, the Executive Board of CropEnergies will take all reasonable
steps and measures to terminate the inclusion of the CropEnergies shares in
trading on the open market of a stock exchange or a multilateral trading
facility (MTF) or organised trading facility (OTF), insofar as this
inclusion was originally arranged by CropEnergies.

In their joint reasoned opinion published on 26 January 2024, the Executive
Board and Supervisory Board of CropEnergies recommended that all
CropEnergies shareholders accept Südzucker's public delisting tender offer
and tender their shares.

Further information on the public delisting tender offer is available at
http://www.powerofplants-offer.com and on the company's Investor Relations
website.

Important notice

This announcement is neither an offer to purchase nor a solicitation of an
offer to sell shares of CropEnergies AG nor an offer or recommendation to
purchase shares of Südzucker AG. The definitive terms of the delisting
tender offer, as well as further provisions concerning the delisting tender
offer, are set out in the offer document by Südzucker AG the publication of
which has been approved by the German Federal Financial Supervisory
Authority (BaFin). Investors and holders of shares in CropEnergies AG are
strongly advised to read the offer document and all other relevant documents
regarding the delisting tender offer, when they become available, since they
contain important information.

The delisting tender offer has been published exclusively under the laws of
the Federal Republic of Germany, in particular in accordance with the German
Securities Acquisition and Takeover Act (Wertpapiererwerbs- und
Übernahmegesetz, 'WpÜG') and the German Stock Exchange Act (Börsengesetz),
as well as certain applicable provisions of the U.S. Securities Exchange
Act. The offer document and further documentation relating to the delisting
tender offer is available at www.powerofplants-offer.com. Any contract that
is concluded on the basis of the delisting tender offer will be exclusively
governed by the laws of the Federal Republic of Germany and is to be
interpreted in accordance with such laws.

To the extent permissible under applicable law or regulation, and in
accordance with German market practice, Südzucker AG, its affiliates or its
brokers may purchase, on the stock exchange or over the counter, or conclude
agreements to purchase, shares of CropEnergies AG, directly or indirectly,
outside of the scope of the delisting tender offer, during or after the
period in which the offer remains open for acceptance. This also applies to
other securities which are directly convertible into, exchangeable for, or
exercisable for shares of CropEnergies AG. These purchases may be completed
via the stock exchange at market prices or outside the stock exchange at
negotiated conditions provided that such purchases or purchase agreements
are not made or concluded within the United States, are in accordance with
applicable German law, in particular the WpÜG, and the offer price is
adjusted to any higher acquisition price paid outside the delisting tender
offer during such term. Information on such purchases or purchase
agreements, stating the number of CropEnergies shares acquired or to be
acquired and the consideration granted or agreed, will be published in
accordance with the applicable statutory provisions, in particular section
23(2) WpÜG, in the German Federal Gazette and, if required by foreign legal
systems, in English via an electronic dissemination system. Corresponding
information is also available in the form of an English translation on the
internet at www.powerofplants-offer.com.

About CropEnergies AG

Sustainable, renewable products made from biomass - that is what
CropEnergies stands for. Our products contribute to a climate-friendly world
and ensure that fossil carbons remain in the ground permanently and do not
continue to drive climate change.

Founded in Mannheim in 2006, the member of the Südzucker-Group is the
leading European producer of renewable ethanol. With a production capacity
of 1.3 million m3 of ethanol per year, CropEnergies produces neutral alcohol
as well as technical alcohol (ethanol) for a wide range of applications at
locations in Germany, Belgium, the UK, and France: Sustainably produced
ethanol as a petrol substitute is an answer to the future challenges of
climate-friendly energy supply in the transport sector. Thanks to highly
efficient production plants, our ethanol reduces CO2 emissions by an average
of more than 70 percent across the entire value chain compared to fossil
fuel. Our high-quality alcohol is also used in beverage production,
cosmetics, pharmaceutical applications, for example as a basis for
disinfectants, or as a raw material for innovative biochemicals.

Equally important are the resulting protein food and animal feed products as
a sustainable regional alternative to emission-intensive protein imports
from overseas, as well as biogenic carbon dioxide. It is used in beverage
production, among other things, and will be a valuable raw material for a
wide range of applications in transport and industry in the future. Thus,
all raw material components are utilised in our circular economy.

CropEnergies AG (ISIN DE000A0LAUP1) is listed on the regulated market (Prime
Standard) of the Frankfurt Stock Exchange.

Contact

Contact:
Heike Baumbach
Investor Relations
Tel.: +49 (621) 71 41 90-30
Fax: +49 (621) 71 41 90-03
ir@cropenergies.de

Nadine Dejung-Custance
Public Relations / Marketing
Tel.: +49 (621) 71 41 90-65
Fax: +49 (621) 71 41 90-05
presse@cropenergies.de


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05.02.2024 CET/CEST Dissemination of a Corporate News, transmitted by EQS
News - a service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.

The EQS Distribution Services include Regulatory Announcements,
Financial/Corporate News and Press Releases.
Archive at www.eqs-news.com

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   Language:       English
   Company:        CropEnergies AG
                   Maximilianstr. 10
                   68165 Mannheim
                   Germany
   Phone:          +49 (0)621-71 41 90 00
   Fax:            +49 (0)621-71 41 90 04
   E-mail:         info@cropenergies.de
   Internet:       www.cropenergies.com
   ISIN:           DE000A0LAUP1
   WKN:            A0LAUP
   Listed:         Regulated Market in Frankfurt (Prime Standard);
                   Regulated Unofficial Market in Berlin, Dusseldorf,
                   Hamburg, Munich, Stuttgart, Tradegate Exchange
   EQS News ID:    1830659




End of News EQS News Service
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1830659 05.02.2024 CET/CEST
Name WKN Börse Kurs Datum/Zeit Diff. Diff. % Geld Brief Erster Schluss
CROPENERGIES AG A0LAUP Hamburg 11,800 22.05.24 08:16:06 -0,080 -0,67% 11,800 12,000 11,800 11,880

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