At the end of the offer acceptance period submitted to the shareholders of Hamburger Hafen und Logistik Aktiengesellschaft (HHLA) from the Port of Hamburg Beteiligungsgesellschaft SE, wholly owned by the company controlled by the Swiss shipping group Mediterranean Shipping Company (MSC), for the acquisition of the company's shares Hamburg terminal operator in their possession, this proposal is has been accepted by shareholders who hold a total of more than 66.7 million Class A and 2.7 million Class S, representing approximately 92.30% of the share capital and voting rights.

This was announced today by the Port of Hamburg Beteiligungsgesellschaft recalling that on 23 October it published the document of offer to purchase Class A shares for a consideration in cash of €16.75 per share and for the purchase of class S for a unit fee of €38.96 ( of 24 October 2023). MSC's company specified that at the 7 December, expiry of the additional acceptance period of the offer, the proposal had been accepted for a total of more than 7.3 million Class A shares corresponding to approximately 9.74% share capital and voting rights. On the same date, SAS Shipping Agencies Services, a Luxembourg company that makes MSC Group held nearly 9.2 million Class A shares equal to 12.21% of HHLA's share capital and voting rights. In addition, on the same date, the HGV Hamburger Gesellschaft für Vermögens- und Beteiligungsmanagement mbH, company wholly owned by the city-state administration of Hamburg, owned 50.2 million Class A shares and all 2.7 million Class S shares, which together represent approximately 70.35% of the share capital and voting rights.

As a reminder, the completed offer follows an agreement between the Hamburg administration and MSC that, completion of the transaction, HHLA will be handled as a joint ventures in which the public partner will hold at least the 50.1% of the capital and MSC up to 49.9% ( of 13 September 2023).