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2016-12-05

Müller adress GmbH publishes offer document for public tender offer for up to 28.56 percent of the shares of MyHammer Holding AG

Müller adress GmbH publishes offer document for public tender offer for up to
28.56 percent of the shares of MyHammer Holding AG

DGAP-Media / 05.12.2016 / 09:28

Nuremberg, December 5, 2016 - Müller adress GmbH has today published the
offer document announced on October 25, 2016, regarding the voluntary
public tender offer for up 1,431,538 shares of MyHammer Holding AG (ISIN
DE000A11QWW6). Müller adress is offering shareholders 6.45 Euro per share
in cash, representing an attractive premium of approx. 24% over the
volume-weighted average price of the last three months before the
announcement and a premium of approx. 20% over the closing price before the
publication of the decision to submit a public tender offer. 68,233 shares,
corresponding to 1.36% of the voting rights of MyHammer Holding AG, have
been acquired over the stock exchange by Müller adress GmbH since October
25, 2016, in compliance with the relevant legal provisions.
Correspondingly, the public tender offer now only extends to up to 28.56%
of the shares of MyHammer Holding AG.

The offer document has been published at www.muelleradress.de. The
acceptance period is from December 5, 2016, to January 9, 2017, 12:00pm
CET. Shareholders of MyHammer Holding AG who wish to accept the offer have
to declare their acceptance to their custodian bank in writing during the
acceptance period.

The closing of the tender offer is subject to the approval of the cartel
authorities and a minimum acceptance threshold of 25 percent plus one share
of the share capital of MyHammer Holding AG at the time of publication of
the offer document.

The offer is not a takeover offer pursuant to §§ 29 et seq. of the German
Securities Acquisition and Takeover Act (Wertpapiererwerbs- und
Übernahmegesetz; WpÜG) that aims of taking control over MyHammer Holding
AG. In contrast to a takeover offer, in case of this public tender offer
there is no extended acceptance period of two weeks pursuant to § 16
section 2 WpÜG (so called "Zaunkönig-Regelung") in which shareholders of
MyHammer Holding AG can accept the offer after the acceptance period has
ended.

Attractive premium reflects the goal of Müller adress to become a long-term
shareholder

Roland Finn, managing director of Müller adress GmbH, said: "As an
investment partner that has a long-term focus, we are able to offer the
shareholders of MyHammer Holding AG an attractive premium for their shares.
It is our goal to accompany MyHammer Holding AG as a relevant minority
shareholder long-term and bring in our sector know-how as well as our
strong local network in the interest of the MyHammer Group, its users and
customers. In this endeavor, we want to work closely together with the
company's management as well as HomeAdvisor."

Müller adress considers the acquisition of 70.1 percent of the shares of
MyHammer Holding AG by HomeAdvisor as a boost to the development
perspectives of MyHammer and it is the reason for the public tender offer.
HomeAdvisor has been successfully operating and developing several leading
online-portals for craftsmen in Europe.

Müller adress GmbH is being advised by Joh. Berenberg, Gossler & Co. KG
(M&A) as well as P+P Pöllath + Partners (legal).

About Müller adress GmbH
Müller adress GmbH is an investment company fully owned by Gunther
Oschmann. Gunther Oschmann, whose grandfather Hans Müller founded
Fernsprechbuch-Verlag Hans Müller KG over 65 years ago, is supporting
small and midsize businesses in strengthening their communications and
their business success. Originally, companies offering classifieds
primarily belonged to these business activities. Today, next to the classic
classifieds business, he is strongly engaged in the German local radio and
TV broadcasting segment, in weekly magazines as well as in the digital
space, also successfully acting together with co-entrepreneurs. Among
others, he is holding stakes in more than 30 German radio stations, such as
Munich based Radio Charivari. He is investing both through majority and
minority participations with the aim of fostering the long term growth of
these companies together with the management and other shareholders in the
best interest of the companies' customers.

Press contact:
Charles Barker Corporate Communications GmbH
Tobias Eberle / Thomas Katzensteiner
069.79409024 / 069.79409025
Tobias.Eberle@charlesbarker.de / Thomas.Katzensteiner@charlesbarker.de

End of Media Release

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Issuer: Müller adress GmbH
Key word(s): Finance

05.12.2016 Dissemination of a Press Release, 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

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526577 05.12.2016

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