Announcement regarding the Results of the Tender Offer for the Shares of “AUSTRIACARD HOLDINGS AG”, a listed Austrian company
Aug 26, 2026
Dai Nippon Printing Co., Ltd. (“DNP” or the “Company”) hereby announces that, as announced in the “Announcement regarding the Tender Offer for the Shares of ‘AUSTRIACARD HOLDINGS AG’, a listed Austrian company” disclosed on June 12 of this year, the Company conducted a public tender offer to acquire all ordinary shares of AUSTRIACARD HOLDINGS AG (registered office: Vienna, Austria; listed on the Vienna Stock Exchange and the Euronext Athens Exchange; hereinafter “AUSTRIACARD” or the “Target”), which operates smart payment card, citizen identity solutions and variable security printing businesses across Europe, Africa and North America (the “Tender Offer”). The Tender Offer expired on August 21, 2026, Vienna time, and tenders of shares representing 75% or more, which is a condition precedent to the consummation of the Tender Offer, have been received, as set out below.
Accordingly, upon satisfaction of the condition precedent relating to the FDI Clearances, the Tender Offer will be consummated, and AUSTRIACARD is expected to become the Company’s consolidated subsidiary. In addition, subject to obtaining such clearance, through a squeeze-out procedure that the Company intends to implement in accordance with Austrian law, AUSTRIACARD is expected to become a wholly owned consolidated subsidiary of the Company.
Result of the Tender Offer
1) Status of Acceptance
Number of shares tendered
35,099,096 shares (approximately 96.55%)
2) Satisfaction Status of Conditions Precedent to the Tender Offer
The number of AUSTRIACARD’s ordinary shares validly tendered satisfied the minimum acceptance threshold.
As of August 25, 2026, the Company has obtained the FDI Clearances in Greece and Romania and the Merger Control Clearances in Austria, Germany and Turkey; however, the FDI clearance in Austria has not yet been obtained. Upon obtaining such clearance, all conditions precedent to the consummation of the Tender Offer will be satisfied, and the Tender Offer is expected to become validly successful.
- Company and product names mentioned in this release are the trademarks or registered trademarks of their respective owners.
- Information contained in this release is current as of the date of announcement. It may be changed without notice.