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New Work SE (NWO) ORD NPV

Sell:€65.20 Buy:€66.80 Change: €0.40 (0.61%)
Market closed |  Prices as at close on 16 August 2024 | Switch to live prices |
Takeover

New Work SE ORD NPV

Type:
Takeover
Shareholder action required:
Yes
Status:
Client deadline
Details (last updated 2 Aug 2024)

The boards of New Work SE and Burda Digital SE recently announced the terms of a takeover. Under the terms of the takeover you have been offered EUR66.25 for each share held.

 

If you don’t want to sell any shares, you don’t need to do anything. Depending on the level of acceptance the offeror has confirmed its intention to delist the remaining shares at a later date.

 

Sell shares in the offer – Act by noon on Thursday 22 August 2024

 

Will I receive any cash proceeds in Euros?

 

No, cash will be converted to Pound Sterling upon receipt, based on the prevailing exchange rate at the time and our standard currency conversion fees, and credited to your account.

 

Full details of this event will be sent to Qualifying Hargreaves Lansdown clients by either post or secure message. Please note that any instruction you give must be based on the full details provided in the letter/message and not on the summary information outlined above.

×
Sell:€65.20
Buy:€66.80
Change: €0.40 (0.61%)
Deal now Deal for just £11.95 per trade in a Stocks and Shares ISA, Lifetime ISA , SIPP or Fund and Share Account
Deal now
Market closed |  Prices as at close on 16 August 2024 | Switch to live prices |
Takeover

New Work SE ORD NPV

Type:
Takeover
Shareholder action required:
Yes
Status:
Client deadline
Details (last updated 2 Aug 2024)

The boards of New Work SE and Burda Digital SE recently announced the terms of a takeover. Under the terms of the takeover you have been offered EUR66.25 for each share held.

 

If you don’t want to sell any shares, you don’t need to do anything. Depending on the level of acceptance the offeror has confirmed its intention to delist the remaining shares at a later date.

 

Sell shares in the offer – Act by noon on Thursday 22 August 2024

 

Will I receive any cash proceeds in Euros?

 

No, cash will be converted to Pound Sterling upon receipt, based on the prevailing exchange rate at the time and our standard currency conversion fees, and credited to your account.

 

Full details of this event will be sent to Qualifying Hargreaves Lansdown clients by either post or secure message. Please note that any instruction you give must be based on the full details provided in the letter/message and not on the summary information outlined above.

×
Sell:€65.20
Buy:€66.80
Change: €0.40 (0.61%)
Market closed |  Prices as at close on 16 August 2024 | Switch to live prices |
Takeover

New Work SE ORD NPV

Type:
Takeover
Shareholder action required:
Yes
Status:
Client deadline
Details (last updated 2 Aug 2024)

The boards of New Work SE and Burda Digital SE recently announced the terms of a takeover. Under the terms of the takeover you have been offered EUR66.25 for each share held.

 

If you don’t want to sell any shares, you don’t need to do anything. Depending on the level of acceptance the offeror has confirmed its intention to delist the remaining shares at a later date.

 

Sell shares in the offer – Act by noon on Thursday 22 August 2024

 

Will I receive any cash proceeds in Euros?

 

No, cash will be converted to Pound Sterling upon receipt, based on the prevailing exchange rate at the time and our standard currency conversion fees, and credited to your account.

 

Full details of this event will be sent to Qualifying Hargreaves Lansdown clients by either post or secure message. Please note that any instruction you give must be based on the full details provided in the letter/message and not on the summary information outlined above.

×
Deal now Deal for just £11.95 per trade in a Stocks and Shares ISA, Lifetime ISA , SIPP or Fund and Share Account
Deal now
The selling price currently displayed is higher than the buying price. This can occur temporarily for a variety of reasons; shortly before the market opens, after the market closes or because of extraordinary price volatility during the trading day.

Business summary

New Work SE, formerly Xing SE, is a Germany-based operator of a social network for business professionals in German-speaking countries. The platform, XING, allows professionals from all kinds of different industries to meet up, find jobs, colleagues, new assignments, cooperation partners, experts and generate business ideas. The Company operates through four segments: The B2C segment involves all of the XING platform’s basic features , such us contact management, news, jobs and a number of XING’s mobile applications, the B2B E-Recruiting segment offers tools and solutions that able companies to find employees and talent; the Marketing Solutions & Events segment offers organizers targeted event promotions and ad formats companies can use to promote their business within a professional environment, and the kununu International segment enables candidates and employees to learn about and rate companies and potential employers. The Company has offices in Europe and the United States.

Contact details

Address:
Am Strandkai 1
HAMBURG
20457
Germany
Telephone:
+49 (40) 4191310
Website:
https://www.new-work.se/

Important dates

Future events
There are no future events available.
Past events
There are no past events available.

General stock information

Short code:
NWO
ISIN:
DE000NWRK013
Market cap:
€371.51 million
Shares in issue:
5.62 million
Sector:
Interactive Media & Services
Exchange:
Frankfurt Stock Exchange
Country:
Germany
Currency:
Euro
Indices:
n/a

Key personnel

  • Martin Weiss
    Chairman of the Supervisory Board
  • Petra von Strombeck
    Chief Executive Officer, Member of the Management Board
  • Johannes Meier
    Independent Deputy Chairman of the Supervisory Board
  • Ingo Chu
    Chief Financial Officer, Member of the Management Board
  • Frank Hassler
    Chief Sales Officer, Member of the Management Board

Data policy - All information should be used for indicative purposes only. You should independently check data before making any investment decision. HL cannot guarantee that the data is accurate or complete, and accepts no responsibility for how it may be used. Business summary, contact details and key personnel provided by Thomson Reuters. Important dates provided by Digital Look Ltd. General stock information provided by Reuters.
Deal now Deal for just £11.95 per trade in a Stocks and Shares ISA, Lifetime ISA , SIPP or Fund and Share Account
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Options

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The London Stock Exchange does not disclose whether a trade is a buy or a sell so this data is estimated based on the trade price received and the LSE-quoted mid-price at the point the trade is placed. It should only be considered an indication and not a recommendation.

Trades priced above the mid-price at the time the trade is placed are labelled as a buy; those priced below the mid-price are sells; and those priced close to the mid-price or declared late are labelled 'N/A'.