Update on 31 March 2026
In a release dated 31 March 2026, the company Worthington Steel GmbH announced the result of the public tender offer to the shareholders of Kloeckner & Co SE after the first acceptance period. Accordingly, 58.8% of the Kloeckner & Co SE shares and votes are attributable to the bidder.
The settlement of the offer is still subject to the entry of further offer conditions. The shares underlying the affected options contracts are changed to the tendered line effective 01 April 2026. The tendered line will serve as the underlying of the affected contracts until further notice.
Accordingly, the ISIN of the above-mentioned contracts will change as specified in the following table.
Product code old/new | ISIN of the underlying instrument old | ISIN of the underlying instrument new | Product-ISIN old | Product-ISIN new |
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On the evening of 15 January 2026, the company Kloeckner & Co SE announced that Worthington Steel Inc. intends to launch a cash takeover offer with an offer price of EUR 11.00 per Kloeckner & Co SE-share.
More information about the takeover negotiations is available on the Kloeckner & Co SE website.
The information attached below provides details on the potential effects this transaction will have on the affected contracts