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Ad hoc: Jerini AG: Jerini Receives Request for Transfer of Minority Shareholders' Shares in Jerini AG to Shire Deutschland Investments GmbH

Jerini AG / Misc. matters / Ad hoc: Jerini Receives Request for
Transfer of Minority Shareholders' Shares
in Jerini AG to Shire Deutschland Investments GmbH

Ad hoc announcement according to §15 WpHG processed and transmitted
by Hugin. The issuer is solely responsible for the content of this
announcement.

----------------------------------------------------------------------
--------------




Berlin, December 16, 2008 - The Management Board of Jerini AG
(FSE:JI4) has received a formal request, according to section 327a of
the German Stock Corporation (AktG), from Shire Deutschland
Investments GmbH, an indirect subsidiary of Shire plc, (formerly
Shire Limited) with registered offices in Frankfurt am Main, to pass
a resolution at Jerini's General Shareholders' Meeting calling for
the transfer of shares held by Jerini's minority shareholders to
Shire Deutschland Investments GmbH (so-called "Squeeze Out"). As
compensation, minority shareholders will receive payment of adequate
cash compensation from Shire Deutschland Investments GmbH.

Shire Deutschland Investments GmbH intends to offer cash compensation
per share in at least an amount calculated in accordance with the
statutory provisions, the Supreme Court jurisdiction, and the
pertaining rules of the German Institute of Chartered Accountants
(IdW).

Shire Deutschland Investments GmbH has stated that it currently holds
98.32 percent of Jerini's share capital directly, and thus is the
Main Shareholder as defined in section 327a para. 1 sentence 1 AktG.

In addition, the Main Shareholder has also stated that it plans to
propose a resolution at the same General Shareholders' Meeting,
which, if passed, authorizes the Management Board to apply for the
delisting of Jerini AG's shares from the Regulated Market
(Regulierter Markt) of the Frankfurt Stock Exchange (so-called
"Regular Delisting").

ISIN: DE0006787476
Regulated Market / Prime Standard; Frankfurt Stock Exchange, Germany

For questions, please contact:
Stacy Wiedenmann
Director Investor Relations &
Corporate Communications
Jerini AG
Invalidenstr. 130
10115 Berlin
T + 49 - 30 - 97893 - 285
X + 49 - 30 - 97893 - 105
wiedenmann@jerini.com
www.jerini.com



--- End of Message ---

Jerini AG
Invalidenstrasse 130 Berlin Germany

WKN: 678747; ISIN:
DE0006787476; Index: CDAX, Prime All Share, TECH All Share;
Listed: Prime Standard in Frankfurter Wertpapierbörse, Amtlicher
Markt in Frankfurter Wertpapierbörse,
Freiverkehr in Bayerische Börse München, Freiverkehr in Börse Berlin,

Freiverkehr in Börse Stuttgart, Freiverkehr in Hanseatische
Wertpapierbörse zu Hamburg,
Freiverkehr in Börse Düsseldorf;
Copyright © Hugin AS 2008. All rights reserved.



 
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