IKB Deutsche Industriebank AG: IKB supports IKB Funding Trust I merger offer for IKB Fund-ing Trust I securities

DGAP-News: IKB Deutsche Industriebank AG / Key word(s): Miscellaneous IKB Deutsche Industriebank AG: IKB supports IKB Funding Trust I merger offer for IKB Fund-ing Trust I securities 05.10.2017 / 08:00 The issuer is solely responsible for the content of this announcement. IKB supports IKB Funding Trust I merger offer for IKB Funding Trust I securities [Düsseldorf, 5 October 2017] IKB Funding Trust I yesterday announced an offer to the holders of the listed securities of IKB Funding Trust I (ISIN DE0008592759) to approve the amendment of the trust agreement with a view to a subsequent merger between IKB Funding Trust I and the newly formed IKB Funding Trust Merger I. IKB supports the offer. The realisation of the merger is subject to various conditions, including the investors' approval of the proposed amendment to the trust agreement of IKB Funding Trust I. In accordance with the Merger Proposal Memorandum dated 5 October 2017, if a sufficient number of holders of IKB Funding Trust I securities approve the proposed amendment to the trust agreement with the result that the merger can take place, all holders of IKB Funding Trust I securities will receive a cash payment of EUR 70 for each EUR 100 (notional value) of IKB Funding Trust I securities held. IKB believes that the proposal represents an attractive opportunity for holders of IKB Funding Trust I securities. If the proposal is accepted by more than 50% of the holders of IKB Funding Trust I securities, the amendment of the trust agreement and the merger shall become binding for all holders of IKB Funding Trust I securities. The IKB Funding Trust I securities will no longer be held by the investors following the merger. The proposal begins today, on 5 October 2017, and ends at 5:00 p.m. (CET) on 6 November 2017. The proposal is issued in accordance with the provisions and subject to the conditions of the Merger Proposal Memorandum dated 5 October 2017, which can be obtained free of charge in English and German translation from the Information and Tabulation Agent. The expected settlement date for the proposal is 7 November 2017. The content of this press release does not constitute an offer, investment advice, legal advice, or a recommendation by IKB to approve or refrain from approving the amendment to the trust agreement in accordance with the Merger Proposal Memorandum. Holders of IKB Funding Trust I securities are recommended to commission professionals to obtain corresponding advice. The Merger Proposal Memorandum can be obtained from: Information and Tabulation Agent Lucid Issuer Services Limited Tankerton Works 12 Argyle Walk London WC1H 8HA Attn: Yves Theis/Thomas Choquet E-mail: [e-mail] Tel.: [phone]   Contact: Dr. Jörg Chittka, telephone: [phone]; Armin Baltzer, telephone: [phone], fax: [phone], e-mail: [e-mail] 05.10.2017 Dissemination of a Corporate News, transmitted by DGAP - a service of EQS Group AG. The issuer is solely responsible for the content of this announcement. The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases. Archive at www.dgap.de

Language:	English
Company:	IKB Deutsche Industriebank AG
	Wilhelm-Bötzkes-Straße 1
	40474 Düsseldorf
	Germany
Phone:	[phone]
Fax:	[phone]
E-mail:	[e-mail]
Internet:	www.ikb.de
ISIN:	DE0008063306
WKN:	806330
Listed:	Regulated Unofficial Market in Berlin, Dusseldorf, Hamburg, Hanover, Munich, Stuttgart, Tradegate Exchange; Open Market in Frankfurt

End of News	DGAP News Service

616051  05.10.2017