Proposed Takeover of Low & Bonar Plc

Freudenberg Submits offer for Low & Bonar PLC

The boards of directors of FV Beteiligungs-GmbH ("FVB") and Low & Bonar PLC (“Low & Bonar”) are pleased to announce that they have reached agreement on the terms of a recommended cash acquisition under which the entire issued and to be issued ordinary share capital of Low & Bonar will be acquired by FVB, a company wholly and directly owned by Freudenberg SE ("Freudenberg")

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