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AMG Completes Graphit Kropfmuhl AG Squeeze Out and Delisting of GK Shares


Published on 2012-10-22 09:01:04 - Market Wire
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October 22, 2012 11:45 ET

AMG Completes Graphit Kropfmuhl AG Squeeze Out and Delisting of GK Shares

AMSTERDAM, THE NETHERLANDS--(Marketwire - Oct 22, 2012) - (Regulated Information) --- AMG Advanced Metallurgical Group N.V. (EURONEXT: AMG) (AMSTERDAM: AMG) announces that the merger between AMG's subsidiary, AMG Mining AG, and Graphit Kropfmuhl AG ("GK") has become effective with the registration of the merger in the commercial register of AMG Mining AG. The shares of GK will soon cease trading on the Deutsche Borse.

The GK Annual General Meeting on 27 August 2012 approved a resolution to transfer the shares of minority shareholders to the majority shareholder in return for a cash compensation of EUR 31.92 per share pursuant to Sec. 62 Para. 5 of the German Transformation Act in conjunction with sections 327a et seq. of the German Stock Corporation Act. The transfer of the shares has become effective simultaneously with the registration of the merger in the commercial register of AMG Mining AG by the Munich district court. Therefore all shares from minority shareholders of Graphit Kropfmuhl AG have been transferred to the majority shareholder, AMG Mining AG, and Graphit Kropfmuhl AG ceased to exist.

About AMG

AMG creates and applies innovative metallurgical solutions to the global trend of sustainable development of natural resources and CO(2) reduction. AMG produces highly engineered specialty metal products and advanced vacuum furnace systems for the Energy, Aerospace, Infrastructure and Specialty Metals and Chemicals end markets.

The Advanced Materials Division develops and produces specialty metals, alloys and high performance materials. AMG is a significant producer of specialty metals, such as ferrovanadium, ferronickel-molybdenum, aluminum master alloys and additives, chromium metal and ferrotitanium, for Energy, Aerospace, Infrastructure and Specialty Metal and Chemicals applications. Other key products include specialty alloys for titanium and superalloys, coating materials and vanadium chemicals.

The Engineering Systems Division designs, engineers and produces advanced vacuum furnace systems and operates vacuum heat treatment facilities, primarily for the Aerospace and Energy (including solar and nuclear) industries. Furnace systems produced by AMG include vacuum remelting, solar silicon melting and crystallization, vacuum induction melting, vacuum heat treatment and high pressure gas quenching, turbine blade coating and sintering. AMG also provides vacuum case-hardening heat treatment services on a tolling basis.

AMG Mining AG (formerly Graphit Kropfmühl AG) produces critical materials utilizing its secure raw material sources in Africa, Asia and Europe. AMG Mining produces critical materials such as high purity natural graphite and silicon metal. These materials are of significant importance to the global economy and are available in limited supply. End markets for these materials include electronics, energy efficiency, green energy and infrastructure.

With over 3,000 employees, AMG operates globally with production facilities in Germany, the United Kingdom, France, Czech Republic, United States, China, Mexico, Brazil, Turkey, Poland, India and Sri Lanka and has sales and customer service offices in Belgium, Russia and Japan ([ www.amg-nv.com ]).

Disclaimer

Certain statements in this press release are not historical facts and are "forward looking." Forward looking statements include statements concerning AMG's plans, expectations, projections, objectives, targets, goals, strategies, future events, future revenues or performance, capital expenditures, financing needs, plans and intentions relating to acquisitions, AMG's competitive strengths and weaknesses, plans or goals relating to forecasted production, reserves, financial position and future operations and development, AMG's business strategy and the trends AMG anticipates in the industries and the political and legal environment in which it operates and other information that is not historical information. When used in this press release, the words "expects," "believes," "anticipates," "plans," "may," "will," "should," and similar expressions, and the negatives thereof, are intended to identify forward looking statements. By their very nature, forward looking statements involve inherent risks and uncertainties, both general and specific, and risks exist that the predictions, forecasts, projections and other forward looking statements will not be achieved. These forward looking statements speak only as of the date of this press release. AMG expressly disclaims any obligation or undertaking to release publicly any updates or revisions to any forward looking statement contained herein to reflect any change in AMG's expectations with regard thereto or any change in events, conditions, or circumstances on which any forward looking statement is based.

22 October 2012: [ http://hugin.info/138060/R/1651164/532585.pdf ]

This announcement is distributed by Thomson Reuters on behalf of Thomson Reuters clients. The owner of this announcement warrants that:

(i) the releases contained herein are protected by copyright and other applicable laws; and

(ii) they are solely responsible for the content, accuracy and originality of the information contained therein.

Source: AMG Advanced Metallurgical Group N.V. via Thomson Reuters ONE [HUG#1651164]


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