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Samsonite Group S.A. — M&A Activity 2017
Apr 28, 2017
50259_rns_2017-04-28_e57133a5-4d19-44a4-b4cc-9005edd7d3e8.pdf
M&A Activity
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Hong Kong Exchanges and Clearing Limited and The Stock Exchange of Hong Kong Limited take no responsibility for the contents of this announcement, make no representation as to its accuracy or completeness and expressly disclaim any liability whatsoever for any loss howsoever arising from or in reliance upon the whole or any part of the contents of this announcement.
Samsonite®
SAMSONITE INTERNATIONAL S.A.
新秀麗國際有限公司
13–15 Avenue de la Liberté, L-1931 Luxembourg
R.C.S. LUXEMBOURG: B 159.469
(Incorporated in Luxembourg with limited liability)
(Stock code: 1910)
STRATEGIC REVIEW OF
SPECULATIVE PRODUCT DESIGN, LLC
Samsonite International S.A. (the “Company”) announces that it is conducting a strategic review of its indirect, wholly-owned subsidiary, Speculative Product Design, LLC (“Speck”). Speck is a leading designer and distributor of slim protective cases for personal electronic devices that are marketed under the Speck® brand. The Company has engaged BofA Merrill Lynch to assist the Company with the strategic review.
Shareholders and potential investors in the Company should note that the strategic review may or may not result in any transaction. A further announcement will be made where required under the Rules Governing the Listing of Securities on The Stock Exchange of Hong Kong Limited.
By Order of the Board
SAMSONITE INTERNATIONAL S.A.
Timothy Charles Parker
Chairman
Hong Kong, April 28, 2017
As of the date of this announcement, the Executive Directors are Ramesh Dungarmal Tainwala and Kyle Francis Gendreau, the Non-Executive Directors are Timothy Charles Parker, Tom Korbas and Jerome Squire Griffith and the Independent Non-Executive Directors are Paul Kenneth Etchells, Keith Hamill, Bruce Hardy McLain (Hardy) and Ying Yeh.
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