Compagnie de Saint-Gobain Acquisition (5413J)
April 07 2015 - 11:55AM
UK Regulatory
TIDMCOD
RNS Number : 5413J
Compagnie de Saint-Gobain
07 April 2015
Paris, April 7, 2015
Saint-Gobain extends the date of validity of its agreement with
the Burkard family relating to the sale of the shares of
Schenker-Winkler Holding
Saint-Gobain and the Burkard family have decided to amend their
agreement relating to the sale of the shares of Schenker-Winkler
Holding (SWH) that holds a controlling stake in Sika and to extend
the date of validity of their agreement until 30 June 2016. At such
date, Saint-Gobain will have an option to extend the agreement.
Saint-Gobain and the Burkard family have also adapted their
agreement to take into account shares of Sika previously held
directly by the Burkard family that have recently been sold by it
to SWH, as well as additional shares purchased by SWH. As the
family does not own any shares in Sika, there is no group formed by
the Burkard family and Saint-Gobain as per the Swiss stock exchange
rules.
Under no circumstance can Saint-Gobain be forced to purchase the
shares of SWH if its stake in Sika would not represent the majority
of the voting rights or if such acquisition would trigger the
obligation to launch a mandatory offer to all Sika
shareholders.
Analyst/Investor Relations Media Relations
----------------------------------------- ------------------------------------------------------------
+33 1 47 62 32
52 +33 1 47 62
Gaetano Terrasini +33 1 47 62 44 30 48
Vivien Dardel 29 +33 1 47 62 Sophie Chevallon +33 1 47 62
Marine Huet 30 93 Susanne Trabitzsch 43 25
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