CANCELLATION OF THE REMAINING PUBLICLY HELD SCHAFFNER SHARES AND DELISTING
FROM SIX SWISS EXCHANGE AS OF 16 MAY 2024
Schaffner Holding AG / Key word(s): Delisting
CANCELLATION OF THE REMAINING PUBLICLY HELD SCHAFFNER SHARES AND DELISTING
FROM SIX SWISS EXCHANGE AS OF 16 MAY 2024
07-May-2024 / 07:00 CET/CEST
Release of an ad hoc announcement pursuant to Art. 53 LR
The issuer is solely responsible for the content of this announcement.
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Ad hoc announcement pursuant to Art. 53 LR
Schaffhausen/Luterbach, Switzerland - 7 May 2024 - By judgment of 25 April
2024, the High Court of the canton of Solothurn has declared all publicly
held registered shares of Schaffner Holding AG with a nominal value of CHF
32.50 each to be cancelled. The judgment of the High Court of Solothurn
became final and binding on 2 May 2024.
The holders of the cancelled Schaffner shares will receive a cash
compensation of CHF 505 per share, corresponding to the offer price paid by
Tyco Electronics (Switzerland) Holding II GmbH in the public tender offer
for all publicly held registered shares of Schaffner Holding AG.
In principle, SIX Exchange Regulation has already approved the delisting of
Schaffner with its decision of 11 January 2024. With its decision of 6 May
2024, SIX Exchange Regulation AG has now set the last trading day of the
Schaffner shares for 15 May 2024. The Schaffner shares will be delisted as
of 16 May 2024.
News Source: Schaffner Holding AG
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End of Inside Information
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Language: English
Company: Schaffner Holding AG
Nordstrasse 11e
4542 Luterbach
Switzerland
Phone: +41 32 681 66 21
E-mail: christian.herren@schaffner.com
Internet: www.schaffner.com
ISIN: CH0009062099
Listed: SIX Swiss Exchange
EQS News ID: 1896951
End of Announcement EQS News Service
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1896951 07-May-2024 CET/CEST