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     435  0 Kommentare SHAREHOLDER SUPPORT FOR SIKA BOARD OF DIRECTORS AND MANAGEMENT INCREASES TO OVER 50 PERCENT

    Sika AG / SHAREHOLDER SUPPORT FOR SIKA BOARD OF DIRECTORS AND MANAGEMENT INCREASES TO OVER 50 PERCENT . Processed and transmitted by NASDAQ OMX Corporate Solutions. The issuer is solely responsible for the content of this announcement.

    An ever growing number of Sika shareholders are actively opposing Saint-Gobain's plans to take control the company in a hostile takeover. Only ten weeks after Saint-Gobain's intentions became public, shareholders representing more than half of Sika's capital have explicitly declared their support for the course adopted by the Board of Directors and management of Sika. Together these investors hold more than three times as much capital as the Burkard family's Schenker-Winker Holding. In addition to well known institutional investors such as the Bill & Melinda Gates Foundation, Fidelity Worldwide or Threadneedle Investments, 22 Swiss pension funds and countless private investors support the Board of Directors and Group Management in their approach. The huge, constantly growing backing of shareholders and other important stakeholders is strengthening Sika management in its resolve. The Board of Directors and Group Management will continue to protect and defend the legitimate interests of all Sika stakeholders.

    Since Saint-Gobain's declared aim is to exert full control over Sika despite holding just 16 percent of its capital, the planned hostile takeover jeopardizes these interests. It would also result in huge conflicts of interests, for example because Saint-Gobain competes directly with Sika in the mortar business.

    DATE February 27, 2015 CONTACT Dominik Slappnig
          Corporate Communications &
    SIKA AG Zugerstrasse 50   Investor Relations
      6341 Baar, Switzerland TELEPHONE +41 58 436 68 21
      www.sika.com E-MAIL slappnig.dominik@ch.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 90 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:




    This announcement is distributed by NASDAQ OMX Corporate Solutions on behalf of NASDAQ OMX Corporate Solutions clients.
    The issuer of this announcement warrants that they are solely responsible for the content, accuracy and originality of the information contained therein.
    Source: Sika AG via Globenewswire

    HUG#1898334

    --- End of Message ---

    Sika AG
    Zugerstrasse 50 Baar

    WKN: 858573;ISIN: CH0000587979;





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    SHAREHOLDER SUPPORT FOR SIKA BOARD OF DIRECTORS AND MANAGEMENT INCREASES TO OVER 50 PERCENT Sika AG / SHAREHOLDER SUPPORT FOR SIKA BOARD OF DIRECTORS AND MANAGEMENT INCREASES TO OVER 50 PERCENT . Processed and transmitted by NASDAQ OMX Corporate Solutions. The issuer is solely responsible for the content of this announcement. An ever …