EANS-News
Semperit AG Holding / Semperit owns more than 95% of Latexx Partners - Delisting from Bursa Malaysia (with photo)
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Corporate news transmitted by euro adhoc. The issuer/originator is solely
responsible for the content of this announcement.
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Company Information
Wien (euro adhoc) - The publicly listed Semperit Group has increased
its shareholding in the Malaysian company Latexx Partners Berhad to
more than 95% on a diluted basis within the context of the delisting
from Bursa Malaysia (the stock exchange of Malaysia) and the related
"exit offer" for all outstanding shares and warrants. The delisting
of Latexx Partners can now be carried out as intended following the
closing of the "exit offer".
As a result of the delisting, trading of Latexx Partners' shares has
been suspended since May 23, 2013 and its' listing on Bursa Malaysia
will cease on June 5, 2013. Currently the remaining shareholders of
Latexx Partners have a further three months to sell their shares and
warrants to Semperit Group under the same conditions as in the "exit
offer".
A further step in the acquisition of Latexx Partners was successfully
taken on the basis of the delisting. The integration of the Malaysian
glove producer in the Medical Sector of the Semperit Group is on
schedule and has already generated already benefits in the first
quarter of 2013. The improved global presence, expanded customer base
and capacity increases resulting from the acquisition of Latexx
Partners will have a positive effect on Semperit Group's business
development for the rest of the year.
About Semperit The publicly listed Semperit AG Holding is an
internationally-oriented group that develops, produces, and sells
highly specialised rubber and plastic 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, and the global R & D centre
is in Wimpassing, Lower Austria. The Semperit Group employs more than
10,000 people worldwide, including more than 7,000 in Asia and more
than 700 in Austria. The group has 22 manufacturing facilities
worldwide and numerous sales offices in Europe, Asia, and America. In
fiscal 2012, the group generated revenue of EUR 829 million and an
EBITDA of EUR 109 million.
Pictures with Announcement:
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http://resources.euroadhoc.com/us/C6x6Viqz
Further inquiry note:
Martina Büchele
Head of Group Communications
Tel.: +43 676 8715 8621
martina.buechele@semperitgroup.com
Stefan Marin
Investor Relations
Tel.: +43 676 8715 8210
stefan.marin@semperitgroup.com
www.semperitgroup.com
end of announcement euro adhoc
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Pictures with Announcement:
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http://resources.euroadhoc.com/us/C6x6Viqz
company: 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, ViDX, Prime Market
stockmarkets: free trade: Berlin, official market: Wien, stock market: Stuttgart,
Frankfurt
language: English
Corporate news transmitted by euro adhoc. The issuer/originator is solely
responsible for the content of this announcement.
--------------------------------------------------------------------------------
Company Information
Wien (euro adhoc) - The publicly listed Semperit Group has increased
its shareholding in the Malaysian company Latexx Partners Berhad to
more than 95% on a diluted basis within the context of the delisting
from Bursa Malaysia (the stock exchange of Malaysia) and the related
"exit offer" for all outstanding shares and warrants. The delisting
of Latexx Partners can now be carried out as intended following the
closing of the "exit offer".
As a result of the delisting, trading of Latexx Partners' shares has
been suspended since May 23, 2013 and its' listing on Bursa Malaysia
will cease on June 5, 2013. Currently the remaining shareholders of
Latexx Partners have a further three months to sell their shares and
warrants to Semperit Group under the same conditions as in the "exit
offer".
A further step in the acquisition of Latexx Partners was successfully
taken on the basis of the delisting. The integration of the Malaysian
glove producer in the Medical Sector of the Semperit Group is on
schedule and has already generated already benefits in the first
quarter of 2013. The improved global presence, expanded customer base
and capacity increases resulting from the acquisition of Latexx
Partners will have a positive effect on Semperit Group's business
development for the rest of the year.
About Semperit The publicly listed Semperit AG Holding is an
internationally-oriented group that develops, produces, and sells
highly specialised rubber and plastic 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, and the global R & D centre
is in Wimpassing, Lower Austria. The Semperit Group employs more than
10,000 people worldwide, including more than 7,000 in Asia and more
than 700 in Austria. The group has 22 manufacturing facilities
worldwide and numerous sales offices in Europe, Asia, and America. In
fiscal 2012, the group generated revenue of EUR 829 million and an
EBITDA of EUR 109 million.
Pictures with Announcement:
----------------------------------------------
http://resources.euroadhoc.com/us/C6x6Viqz
Further inquiry note:
Martina Büchele
Head of Group Communications
Tel.: +43 676 8715 8621
martina.buechele@semperitgroup.com
Stefan Marin
Investor Relations
Tel.: +43 676 8715 8210
stefan.marin@semperitgroup.com
www.semperitgroup.com
end of announcement euro adhoc
--------------------------------------------------------------------------------
Pictures with Announcement:
----------------------------------------------
http://resources.euroadhoc.com/us/C6x6Viqz
company: 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, ViDX, Prime Market
stockmarkets: free trade: Berlin, official market: Wien, stock market: Stuttgart,
Frankfurt
language: English
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