Axpo Tender

In June 2011, Axpo Holding AG issued a public tender offer for all bearer shares. The official offering brochure has been published on Axpo Holding AG's website and is available here in German and in French.

A fairness opinion by Bank Sarasin & Cie AG, Basle, assesses the offered price of CHF 850 per EGL share as fair and reasonable. A PDF of this fairness opinion can also be found further down on this website.

On 16 February 2012, the Commercial Court of the canton of Aargau declared the remaining EGL shares (0.2%) still on the market as invalid. The verdict went into effect on 27 February 2012. Axpo is thereby the sole shareholder of 100 percent of EGL shares. EGL shares were delisted on 9 March 2012. As a result, no public EGL Annual General Meeting will take place on 30 March 2012.

The EGL shares that have not yet been exchanged can be returned to Axpo Holding AG at a price of CHF 850 per share until 28 February 2022.

Do you have questions about the
tender of Axpo Holding AG?

For questions about the Report of the
independent committe of the EGL AG
Board of Directors and the Fairness
Opinion of Bank Sarasin & Cie, Basle:
EGL Investor Relations
Tel. +41 44 749 44 27
E-Mail: investor.ch@egl.eu

For questions about the public tender of
Axpo Holding AG and the offering brochure:
Axpo Holding AG
Media Relations
Tel. +41 44 278 41 10
E-Mail: medien@axpo.ch