Automotive Components Europe : Current Report 58/2015 - The acquisition of a significant stake, takeover of the Issuer

93d7af1a-783e-4a67-ad55-342ff7bfe600.pdf

KOMISJA NADZORU FINANSOWEGO

Raport bieżący nr 58/2015

Data sporządzenia: 2015%12%24

Skrócona nazwa emitenta

A.C.E. S.A.

Temat

The acquisition of a significant stake, takeover of the Issuer

Podstawa prawna

Art. 70 pkt 1 Ustawy o ofercie 3 nabycie lub zbycie znacznego pakietu akcji

Treść raportu:

The Management Committee of Automotive Components Europe S.A. ("the Company") hereby informs the Company received on 23 December 2015 an official notification from GRUPO INDUSTRIAL SALTILLO, S.A.B. de C.V. ("GIS") on the acquisitions of shares in the Company. GIS acquired the total number of 21 230 515 shares of the Company, constituting 100% of its share capital and representing 21 230 515 of votes at the Company's General Meeting of Shareholders and constituting 100% of the total number of the votes. The notification is attached to this current report.

Zarząd Automotive Components Europe S.A. ("Spółka") niniejszym informuje, że Spółka otrzymała 23 grudnia 2015 oficjalne zawiadomienie od GRUPO INDUSTRIAL SALTILLO, S.A.B. de C.V. ("GIS") o akwizycjach akcji w Spółce. GIS nabył łącznie 21 230 515 akcji Spółki, stanowiących 100% jej kapitału zakładowego i reprezentujących 21 230 515 głosów na Walnym Zgromadzeniu Spółki i stanowiących 100% łącznej liczby głosów. Zawiadomienie zostaje załączone do niniejszego raportu bieżącego.

Załączniki

Plik Opis

Notification_GIS_23.12.2015_to_ACE_2.pdf Notification of GIS

PODPISY OSÓB REPREZENTUJĄCYCH SPÓŁKĘ

Data	Imię i Nazwisko	Stanowisko/Funkcja	Podpis
2015%12%24	Raul Serrano	Dyrektor Finansowy	Raul Serrano

Warsaw, 23rd December 2015

Grupo Industrial Saltillo, S.A.B. de C.V., Boulevard Isidro Lopez Zertuche No. 1495 25000, Saltillo Coahuila

Mexico

Represented by:

Andrzej Motyka - attorney-in-fact

Address for correspondence:

Sottysinski Kawecki &Szlzak - Kancelaria Radc6w Prawnych i Adwokat6w Sp. k. ul. Jasna 26

00-054 Warszawa

e-mail: [e-mail] tel: [phone]

Financial Supervision Commission Komisja Nadzoru Finansowego

Pl. Powstanc6w Warszawy 1 00-950 Warszawa

Fax: [phone]

Email:[e-mail]

Automotive Components Europe S.A.

38, boulevard Napoleon 1er L-2210 Luxembourg Luxembourg

Email:[e-mail]

Dear Sirs,

On behalf of Grupo Industrial Saltillo, S.A.B. de C.V. with its registered seat in Saltillo Coahuila in Mexico (the "GIS"),pursuant to Article 77 section 7 and Article 69 and 69a of the Act of 29 July 2005 on Public Offering and the Conditions Governing the Introduction of Financial Instruments to Organized Trading and on Public Companies (the "POA"),I hereby notify that, on 22 December 2015 as a result of a settlement of the tender offer for all shares of Automotive Components Europe S.A. (the "Company")announced pursuant to art. 90a.2 of the POA on 27 October 2015, GIS has directly acquired 19,554,219 shares of the Company constituting 92.11 % of the total number of shares of the Company, which entitle to exercise 19,554,219 votes at the Company's General Meeting of Shareholders, constituting

92.11 %of total number of votes at the Company's General Meeting of Shareholders.

Furthermore, upon becoming a dominant entity over the Company, GIS has indirectly acquired 988,844 shares of the Company held by the Company itself constituting 4.65 % of the total number of shares of the Company, which entitle to exercise 988,844 votes at the Company's General Meeting of Shareholders, constituting 4.65 %of total number of votes at the Company's General Meeting of Shareholders.

Concurrently, GIS notifies that on 22 December 2015 it has acquired from the Company 988,844 shares of the Company constituting 4.65 % of the total number of shares of the Company, which entitle to exercise 988,844 votes at the Company's General Meeting of Shareholders, constituting 4.65 % of total number of votes at the Company's General Meeting of Shareholders.

Upon crossing 95% of the total number of shares in the Company on 23rd December 2015 GIS has also exercised its squeeze-out rights in accordance with article 15 of the Luxembourg Law of 19 May 2006 on take-over bids (the "Takeover Law") and consequently has automatically acquired 687,452 (six hundred eighty seven thousand four hundred fifty two)] shares of the Company constituting 3.24% of the total number of shares of the Company, which entitle to exercise 687,452 (six hundred eighty seven thousand four hundred fifty two)] votes at the Company's General Meeting of Shareholders, constituting 3.24% of total number of votes at the Company's General Meeting of Shareholders. The squeeze-out price is equal to the takeover price e.g. it equals to 16.20 (sixteen 20/100) zloty per 1 shares. The squeeze-out is planned to be settled by Krajowy Depozyt Papier6w Wartosciowych S.A. on 30 December 2015.

GIS did not hold, directly or indirectly, any shares of the Company before the direct and indirect acquisition of shares referred to above.

After the pertinent acquisitions GIS holds 21,230,515 (twenty one million two hundred thirty thousand five hundred fifteen) shares of the Company constituting 100% of the total number of shares of the Company, which entitle to exercise 21,230,515 (twenty one million two hundred thirty thousand five hundred fifteen) votes at the Company's General Meeting of Shareholders, constituting 100% of total number of votes at the Company's General Meeting of Shareholders.

GIS cannot exclude that in the next 12 months the share capital of the Company may be increased and that it may acquire further shares of the Company as the result of such share capital increase.

Additionally, GIS informs that there are no persons or entities referred to in Article 87 section 1 point 3 c) of the POA.