R. Stahl AG: Management Board and Supervisory Board recommend not to accept the takeover offer by Weidmüller / Offer price is not appropriate in financial terms and the takeover is not in the interest of the company

R. Stahl AG  / Key word(s): Statement02.06.2014 14:56Dissemination of an Ad hoc announcement according to § 15 WpHG, transmittedby DGAP - a company of EQS Group AG.The issuer is solely responsible for the content of this announcement.---------------------------------------------------------------------------R. STAHL AG: Management Board and Supervisory Board recommend not to acceptthe takeover offer by Weidmüller / Offer price is not appropriate infinancial terms and the takeover is not in the interest of the companyWaldenburg, 02 June 2014.  The Management Board and the Supervisory Boardof R. STAHL AG publish today their Joint Reasoned Statement pursuant to theArticle 27 Securities Trading Act (WpÜG) on the offer made by WeidmüllerBeteiligungsgesellschaft mbH on 20 May 2014. In this statement, theyunanimously recommend that the shareholders of R. STAHL do not accept thistakeover offer and do not tender their R. STAHL shares. Management andSupervisory Board of R. STAHL believe that the offer price is notappropriate in financial terms. This assessment has been confirmed by anInadequacy Opinion provided by audit and tax consultancy firm Ebner StolzGmbH & Co. KG Wirtschaftsprüfungsgesellschaft Steuerberatungsgesellschaft.In their opinion, Ebner Stolz assess the equity value per R. STAHL share assignificantly in excess of the offer price.The Management Board and the Supervisory Board are of the opinion that thetakeover offer is not in the interest of R. STAHL, R. STAHL shareholdersand the employees of the R. STAHL Group. No Member of the Management or theSupervisory Board who holds shares in R. STAHL intends to accept thetakeover offer. R. STAHL will also not accept the takeover offer for thetreasury shares it currently holds (10% of all shares in R. STAHL).The full Reasoned Statement by the Management Board and the SupervisoryBoard will be posted today on the Internet at www.stahl.de in the"Investor Relations" section and will be published by announcement in theFederal Gazette (Bundesanzeiger). It is also available for issue andreceipt free of charge at R. STAHL AG, Am Bahnhof 30, 74638 Waldenburg,Germany (order by fax to+49 7942 943 401395 giving full details of address).---------------------------------------------------------------------------Information and Explaination of the Issuer to this News:For further information: R. STAHL AGAm Bahnhof 30, 74638 Waldenburg (Württ. )Bernd Marx (CFO)Phone: +49 7942 943-1271  Nathalie Dirian (Investor Relations)Phone: +49 7942 943-1395  e-mail: [email protected] 02.06.2014 DGAP's Distribution Services include Regulatory Announcements,Financial/Corporate News and Press Releases.Media archive at www.dgap-medientreff.de and www.dgap.de--------------------------------------------------------------------------- Language:     EnglishCompany:      R. Stahl AG              Am Bahnhof 30              74638 Waldenburg              GermanyPhone:        +49 (7942) 943-0Fax:          +49 (7942) 943-4333E-mail:       [email protected]:     www.stahl.deISIN:         DE000A1PHBB5WKN:          A1PHBBListed:       Regulierter Markt in Frankfurt (Prime Standard), Stuttgart;              Freiverkehr in Berlin, Düsseldorf, Hamburg, München End of Announcement                             DGAP News-Service ---------------------------------------------------------------------------