DGAP-Adhoc: OSRAM Licht AG: Advent and Bain Capital for the time being do not plan takeover offer for OSRAM

Today, OSRAM Licht AG (OSRAM) received a letter from the consortium consisting of the financial investors Advent and Bain Capital . According to that letter, Bain Capital and Advent have decided to not conduct any further due diligence. For the time being, the plan to submit a voluntary public takeover offer for all outstanding OSRAM shares will not be pursued further. The consortium said that they currently do not see a successful path to an offer.

In the last days, OSRAM engaged in constructive discussions with ams AG about the conditions for a new takeover offer. The Managing Board welcomes the progress made to far and is confident that both parties can agree on a future oriented strategic concept. OSRAM will further inform the capital market in due course about the progress of this development.