Delisting Announcement • May 7, 2024
Delisting Announcement
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Ad hoc announcement pursuant to Art. 53 LR
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.
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
End of Inside Information
| Language: | English |
| Company: | Schaffner Holding AG |
| Nordstrasse 11e | |
| 4542 Luterbach | |
| Switzerland | |
| Phone: | +41 32 681 66 21 |
| E-mail: | [email protected] |
| Internet: | www.schaffner.com |
| ISIN: | CH0009062099 |
| Listed: | SIX Swiss Exchange |
| EQS News ID: | 1896951 |
| End of Announcement | EQS News Service |
1896951 07-May-2024 CET/CEST
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