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SIMONA AG Delisting Announcement 2009

Nov 5, 2009

393_rns_2009-11-05_f9062131-9c51-4c10-9f4b-5e2da4a44461.html

Delisting Announcement

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News Details

Ad-hoc | 5 November 2009 16:30

Simona AG: SIMONA confirms closure of Würdinghausen site

Simona AG / Strategic Company Decision/Miscellaneous

05.11.2009

Dissemination of an Ad hoc announcement according to § 15 WpHG, transmitted by
DGAP - a company of EquityStory AG.
The issuer is solely responsible for the content of this announcement.


Kirn, 5/11/09. SIMONA AG has reached a decision to close its Würdinghausen
production facility at the earliest possible date due to significant losses
incurred by the plant. Prior to making its decision, the company had
entered into intensive and substantive negotiations with both the works
council and the trade union; these efforts also included the involvement of
an independent appraiser. The closure will affect 78 members of staff
responsible for producing pressed sheets, profiles and finished parts at
the facility, mainly for customers operating within the mechanical
engineering and transport systems sector.

The product range manufactured at the company's plant in Würdinghausen will
be integrated into other existing SIMONA sites. SIMONA is currently in
negotiations with the works council and trade union concerning a
reconciliation of interests as well as a redundancy and retraining plan.

This ad hoc announcement supplements the ad hoc announcement issued on 13
August 2009.

Helena Lau
Tel.: +49 (0) 67 52 14-227
Fax +49 (0) 67 52 14-738

05.11.2009 Financial News distributed by DGAP. Media archive at www.dgap-medientreff.de and www.dgap.de


Language: English
Company: Simona AG
Teichweg 16
55606 Kirn an der Nahe
Deutschland
Phone: 06752-14-207
Fax: 06752-14-738
E-mail: [email protected]
Internet: www.simona.de
ISIN: DE0007239402
WKN: 723940
Listed: Regulierter Markt in Frankfurt (General Standard);
Freiverkehr in Berlin

End of News DGAP News-Service