SCOR Press Release
(Thomson Reuters ONE) -
Press Release
06 March 2015 - N° 07
Contact details
Marie-Laurence Bouchon
Group Head of Communications
+33 (0)1 58 44 76 10
mbouchon(at)scor.com
Bertrand Bougon
Head of Investor Relations
& Rating Agencies
+33 (0)1 58 44 71 68
bbougon(at)scor.com
www.scor.com
Twitter: (at)SCOR_SE
SCOR has been informed of the signing of a purchase agreement by Sompo Japan
Nipponkoa Holdings, Inc. (SOMPO), a Japanese insurance company, concerning the
entire holding of Patinex AG in SCOR (i.e. 7.8% of SCOR's capital and 8.1% of
its voting rights). SOMPO has declared that it wishes to increase this holding
to 15%, subject to the receipt of the required regulatory approvals.
SCOR was not a party in this transaction.
SCOR thanks Martin Ebner and Patinex AG for their active support of the SCOR
group since the 2007 combination of SCOR and Converium, and for their
contribution to the Group's development.
SCOR, an independent company, welcomes SOMPO as a long-term shareholder with the
same rights and duties as all its shareholders.
This holding has no impact on the strategic development of SCOR, which actively
continues to implement its strategic plan "Optimal Dynamics", or on its
corporate governance or management. SCOR will continue to serve all of its
clients, in Japan and throughout the world, with the same level of
professionalism, integrity and rigour that are the core of the Group's values.
*
* ***** *
Forward-looking statements
SCOR does not communicate "profit forecasts" in the sense of Article 2 of (EC)
Regulation n°809/2004 of the European Commission. Thus, any forward-.looking
statements contained in this communication should not be held as corresponding
to such profit forecasts. Information in this communication may include
"forward-looking statements", including but not limited to statements that are
predictions of or indicate future events, trends, plans or objectives, based on
certain assumptions and include any statement which does not directly relate to
a historical fact or current fact. Forward-looking statements are typically
identified by words or phrases such as, without limitation, "anticipate",
"assume", "believe", "continue", "estimate", "expect", "foresee", "intend", "may
increase" and "may fluctuate" and similar expressions or by future or
conditional verbs such as, without limitations, "will", "should", "would" and
"could." Undue reliance should not be placed on such statements, because, by
their nature, they are subject to known and unknown risks, uncertainties and
other factors, which may cause actual results, on the one hand, to differ from
any results expressed or implied by the present communication, on the other
hand.
Please refer to SCOR's Document de référence filed with the AMF on 05 March
2014 under number D. 14-0117 (the "Document de référence"), for a description of
certain important factors, risks and uncertainties that may affect the business
of the SCOR Group. As a result of the extreme and unprecedented volatility and
disruption of the current global financial crisis, SCOR is exposed to
significant financial, capital market and other risks, including movements in
interest rates, credit spreads, equity prices, and currency movements, changes
in rating agency policies or practices, and the lowering or loss of financial
strength or other ratings.
The Group's financial information is prepared on the basis of IFRS and
interpretations issued and approved by the European Union. This financial
information does not constitute a set of financial statements for an interim
period as defined by IAS 34 "Interim Financial Reporting".
SCOR Press Release:
http://hugin.info/143549/R/1900007/675196.pdf
This announcement is distributed by GlobeNewswire on behalf of
GlobeNewswire clients. The owner of this announcement warrants that:
(i) the releases contained herein are protected by copyright and
other applicable laws; and
(ii) they are solely responsible for the content, accuracy and
originality of the information contained therein.
Source: Scor via GlobeNewswire
[HUG#1900007]
Unternehmensinformation / Kurzprofil:
Datum: 06.03.2015 - 09:58 Uhr
Sprache: Deutsch
News-ID 376675
Anzahl Zeichen: 5046
contact information:
Town:
Paris
Kategorie:
Business News
Diese Pressemitteilung wurde bisher 159 mal aufgerufen.
Die Pressemitteilung mit dem Titel:
"SCOR Press Release"
steht unter der journalistisch-redaktionellen Verantwortung von
Scor (Nachricht senden)
Beachten Sie bitte die weiteren Informationen zum Haftungsauschluß (gemäß TMG - TeleMedianGesetz) und dem Datenschutz (gemäß der DSGVO).
