The Executive Board of MAN SE was informed that the Executive Board of Volkswagen Truck & Bus AG has in its meeting on 21 August 2018 decided to terminate the domination and profit and loss transfer agreement between Volkswagen Truck & Bus AG and MAN SE dated 26 April 2013 according to section 304 para 4 German Stock Cooperation Act (AktG) with effect as of 1 January 2019, 0:00 a.m.
Following the publication of the registration of the termination of the domination and profit transfer agreement in MAN SE’s commercial register at the beginning of 2019, in accordance with the provisions of the domination and profit transfer agreement, MAN SE minority shareholders will have the right to tender their shares to Volkswagen Truck & Bus AG in consideration for a cash compensation of EUR 90.29 per share during a two months period.
