H&R KGaA Shareholders Can Tender Shares as Acceptance Period Begins

H&R Holding GmbH, controlled by Nils Hansen, has launched a voluntary public tender offer for H&R GmbH & Co. KGaA shares after receiving approval from BaFin. Shareholders can now tender their shares for EUR 5.00 each, a 32.79% premium over the six-month average XETRA price prior to May 2025. The offer runs until August 11, 2025, with a minimum acceptance threshold of 85%.

This offer aims to increase Hansen’s stake in the company from 61.45% to at least 85%, facilitating a necessary transformation of H&R KGaA's refineries. H&R KGaA's management supports the offer, viewing it as a means to simplify shareholder structure and direct financial resources towards modernization efforts.

The settlement is expected in Q3 2025. The offer is detailed at www.chem-offer.com. Shareholders must check with their custodians for specific deadlines before the period ends.