SIKA APPROACHES FINMA REGARDING DISCLOSURE DUTY BREACH
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Sika AG /
SIKA APPROACHES FINMA REGARDING DISCLOSURE DUTY BREACH
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Today, Sika has submitted a notice to FINMA of a possible breach of the
disclosure duty by the Burkard heirs and Saint-Gobain. The law obliges Sika to
file such a notice with FINMA if the company has reasons to believe that a
shareholder has not complied with its disclosure duty (article 20 par. 4 Stock
Exchange Act). On April 7, 2015, shortly prior to the annual general meeting of
shareholders of Sika, the Burkard heirs and Saint-Gobain disclosed that they had
dissolved their group. This was reasoned by the sale of the privately owned Sika
shares held by the Burkard family to Schenker-Winkler Holding AG.
However, Sika takes the view that the group among the Burkard heirs, Saint-
Gobain and Schenker-Winkler Holding AG, as it was first disclosed by them on
December 11, 2014, continues to exist unchanged. The original purpose -namely
"ensuring the orderly transfer of control"of Sika to Saint-Gobain, still exists,
as the new contract seen by Sika and the numerous actions of the contract
parties since December 5, 2014 confirm.
DATE April 27, 2015 CONTACT Dominik Slappnig
Corporate Communications &
SIKA AG Zugerstrasse 50 Investor Relations
6341 Baar, TELEPHONE +41 58 436 68 21
Switzerland E-MAIL slappnig.dominik(at)ch.sika.com
www.sika.com
SIKA CORPORATE PROFILE
Sika is a specialty chemicals company with a leading position in the development
and production of systems and products for bonding, sealing, damping,
reinforcing and protecting in the building sector and the motor vehicle
industry. Sika has subsidiaries in 91 countries around the world and
manufactures in over 160 factories. Its approximately 17,000 employees generated
annual sales of CHF 5.6 billion in 2014.
The media release can be downloaded from the following link:
Media Release:
http://hugin.info/100359/R/1915459/684674.pdf
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Source: Sika AG via GlobeNewswire
[HUG#1915459]
Unternehmensinformation / Kurzprofil:
Datum: 27.04.2015 - 18:37 Uhr
Sprache: Deutsch
News-ID 388741
Anzahl Zeichen: 2966
contact information:
Town:
Baar
Kategorie:
Business News
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