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    EANS-Adhoc  1267  0 Kommentare Semperit AG Holding / Partial award against Siam Sempermed Corporation Ltd. (SSC) in arbitration proceedings regarding restoration of transparency, access to books of accounts, as well as to premises and factories

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    ad-hoc disclosure transmitted by euro adhoc with the aim of a Europe-wide
    distribution. The issuer is solely responsible for the content of this
    announcement.
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    Joint Ventures/Cooperation/Collaboration
    03.06.2016

    As already reported, Semperit Group is involved in arbitration
    proceedings against its Thai joint venture partner, Sri Trang-Agro
    Industry Public Co Ltd. Group and the joint venture company Siam
    Sempermed Corporation Ltd. (SSC).

    A partial award was rendered in the arbitration proceedings against
    SSC. The arbitral tribunal decided that SSC must comply with
    Semperit's request for the restoration of transparency, access to
    books of accounts, as well as to premises and factories.

    In case SSC does not comply with this partial award, enforcement
    proceedings may become necessary.

    About Semperit The publicly listed company Semperit AG Holding is an
    internationally-oriented group that develops, produces, and sells in
    more than 100 countries highly specialised rubber products for the
    medical and industrial sectors: examination and surgical gloves,
    hydraulic and industrial hoses, conveyor belts, escalator handrails,
    construction profiles, cable car rings, and products for railway
    superstructures. The headquarters of this long-standing Austrian
    company, which was founded in 1824, are located in Vienna. The
    Semperit Group employs more than 7,000 people worldwide, including
    close to 4,100 in Asia and more than 800 in Austria (Vienna and
    production site in Wimpassing, Lower Austria). The Group has 22
    manufacturing facilities worldwide and numerous sales offices in
    Europe, Asia, Australia and America. In 2015 the group generated
    sales of EUR 915 million and an EBITDA of EUR 96 million.

    Further inquiry note:
    Martina Büchele
    Group Head of Communications
    Tel.: +43 676 8715 8621
    martina.buechele@semperitgroup.com
    www.semperitgroup.com

    Stefan Marin
    Head of Investor Relations
    Tel.: +43 676 8715 8210
    stefan.marin@semperitgroup.com

    end of announcement euro adhoc
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    issuer: Semperit AG Holding
    Modecenterstrasse 22
    A-1030 Wien
    phone: +43 1 79 777-210
    FAX: +43 1 79 777-602
    mail: investor@semperitgroup.com
    WWW: www.semperitgroup.com
    sector: Synthetics & Plastics
    ISIN: AT0000785555
    indexes: WBI, ATX Prime, ViDX, Prime Market, ATX Global Players
    stockmarkets: official market: Wien
    language: English





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    EANS-Adhoc Semperit AG Holding / Partial award against Siam Sempermed Corporation Ltd. (SSC) in arbitration proceedings regarding restoration of transparency, access to books of accounts, as well as to premises and factories - ad-hoc disclosure transmitted by euro adhoc with the aim of a Europe-wide distribution. The issuer is solely responsible for the content of this announcement. - Joint Ventures/Cooperation/Collaboration 03.06.2016 As already reported, …