04.05.2015 21:20:46
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Press Release: Sika AG: FINMA REJECTS APPEAL AGAINST DECISION OF THE SWISS TAKEOVER BOARD
Sika AG / Sika AG: FINMA REJECTS APPEAL AGAINST DECISION OF THE SWISS TAKEOVER BOARD . Processed and transmitted by Nasdaq OMX Corporate Solutions. The issuer is solely responsible for the content of this announcement.
Today FINMA has issued a decision rejecting the appeal lodged by the shareholder group of William H. Gates III and Melinda French Gates as trustees of Bill & Melinda Gates Foundation Trust as well Cascade Investment. With today's decision, FINMA has confirmed the decision of the Swiss Takeover Board pursuant to which the opting-out clause according to art. 5 of the articles of association of Sika AG applies to the proposed acquisition of Schenker-Winkler Holding AG by Saint-Gobain and, therefore, Saint-Gobain is not obliged to submit a public tender offer to all shareholders of Sika AG.
DATE May 4, 2015 CONTACT Dominik Slappnig Corporate Communications & SIKA AG Zugerstrasse 50 Investor Relations 6341 Baar, Switzerland TELEPHONE +41 58 436 68 21 www.sika.com E-MAIL slappnig.dominik@ch.sika.com
SIKA CORPORATE PROFILE
Sika is a specialty chemicals company with a leading position in the development and production of systems and products for bonding, sealing, damping, reinforcing and protecting in the building sector and the motor vehicle industry. Sika has subsidiaries in 91 countries around the world and manufactures in over 160 factories. Its approximately 17,000 employees generated annual sales of CHF 5.6 billion in 2014.
The media release can be downloaded from the following link:
Media Release: http://hugin.info/100359/R/1918636/686677.pdf
This announcement is distributed by NASDAQ OMX Corporate Solutions on behalf of NASDAQ OMX Corporate Solutions clients.
The issuer of this announcement warrants that they are solely responsible for the content, accuracy and originality of the information contained therein.
Source: Sika AG via Globenewswire
HUG#1918636
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Sika AG
Zugerstrasse 50 Baar
WKN: 858573;ISIN: CH0000587979;
http://www.sika.com (END) Dow Jones Newswires
May 04, 2015 14:49 ET (18:49 GMT)- - 02 49 PM EDT 05-04-15
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