Worthington Steel opens delisting tender for remaining Kloeckner shares at EUR 11.00

Filed July 15, 2026 · Period ending July 15, 2026 · ~1 min read

Key Changes

• high

  Acceptance period runs July 15–August 12, 2026 for Worthington Steel's EUR 11.00 per share cash offer to acquire the ~38% of Kloeckner it doesn't already own; offer has no minimum acceptance threshold or closing conditions.

  Item 7.01 — Regulation FD Disclosure verify on EDGAR →
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  Worthington Steel currently holds ~62% of Kloeckner following completion of a voluntary takeover offer on June 3, 2026; this delisting offer targets remaining minority shareholders.

  Exhibit 99.1 view on EDGAR →
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  Post-delisting, Kloeckner shares will no longer trade on regulated German markets or comparable foreign exchanges, significantly reducing liquidity and price discovery for non-tendering shareholders.

  Exhibit 99.1 view on EDGAR →