CHARLES VOEGELE HOLDING AG SEMPIONE RETAIL AG FILED CLAIM REGARDING CANCELLATION OF OUTSTANDING SHARES
Pfäffikon, 07 March 2017 - On 19 October 2016, Sempione Retail AG ("Sempione Retail") published the offer prospectus for a public tender offer for all publicly held bearer shares of Charles Vögele Holding AG ("Charles Vögele Shares") for an offer price of CHF 6.38 per Charles Vögele Share. The public tender offer was successfully settled on 16 December 2016.
As already announced in the offer prospectus, Sempione Retail on 3 March 2017 filed a claim with the Cantonal Court of Schwyz regarding the cancellation of outstanding shares against Charles Vögele Holding AG, in which it requests the cancellation of all publicly held Charles Vögele Shares and of all outstanding options entitling to purchase or subscribe for Charles Vögele Shares. The compensation for the cancelled Charles Vögele Shares will correspond to the offer price, i.e. to CHF 6.38 per Charles Vögele Share.
For this reason, the media and analyst's conference scheduled for 21 March 2017 will not take place and the shareholders' meeting which was planned to take place on 20 April 2017 will be postponed.
Charles Vögele Holding AG will inform about the new date of the shareholders' meeting at a later stage.
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Tensid EQS Ltd., Switzerland www.tensid.ch |
newsbox.ch www.newsbox.ch |
Provider/Channel related enquiries marco@tensid.ch +41 41 763 00 50 |
