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Section 10

Notification of the end of the public offer and of full redemption

(1) The offeror must notify BaFin of the end of the public offer, and of the full redemption of the asset investment, stating the respective date, the specific designation of the asset investment and the issuer, without delay and electronically through its notification and publication system. Full redemption of the asset investment has occurred where the principal claim and all ancillary payments have been made.
(2) Until the corresponding notification under subsection (1), first sentence is received by BaFin, the public offer or the redemption of the asset investment is deemed to be ongoing. Where the offeror fails to give the notification under subsection (1), first sentence, the public offer is, with regard to the obligations under sections 11 and 11a, deemed to have ended upon expiry of the validity of the sales prospectus.

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