This COMMUNICATION or the information contained therein ARE not being issued and may not be distributed in the United States of America, Canada, Australia or Japan and do not constitute an offer of securities for sale in such countries.
Lucerne, December 10, 2019 – SCHMOLZ + BICKENBACH, a global leader in special long steel, announces details on its planned capital increase by way of a rights offering and an international offering. The gross proceeds from the capital increase are envisaged to be at least CHF 325 million. The listing and first day of trading of the new registered shares on SIX Swiss Exchange are expected to take place on January 9, 2020.
This communication or the information contained therein are not being issued and may not be distributed in the United States of America, Canada, Australia or Japan and do not constitute an offer of securities for sale in such countries.
Lucerne, December 9, 2019 –SCHMOLZ + BICKENBACH, a global leader in special long steel, has received a positive decision from the Swiss Financial Market Supervisory Authority FINMA on the appeal against the Swiss Takeover Board's decision of November 22, 2019. In the first instance, the Swiss Takeover Board had rejected Martin Haefner/BigPoint Holding AG's application for an exemption from the obligation to make a mandatory offer. This means that the share capital increase approved by the shareholders at the Extraordinary Shareholder Meeting on December 2, 2019 can now be implemented as planned.
This communication or the information contained therein are not being issued and may not be distributed in the United States of America, Canada, Australia or Japan and do not constitute an offer of securities for sale in such countries.
Lucerne, December 2, 2019 – SCHMOLZ + BICKENBACH (“S+B”), a global leader in special long steel, announces that the shareholders at today's extraordinary shareholders' meeting approved the capital reduction and simultaneous capital increase by at least CHF 325 million proposed by the Board of Directors.
This communication or the information contained therein are not being issued and may not be distributed in the United States of America, Canada, Australia or Japan and do not constitute an offer of securities for sale in such countries.
Lucerne, December 2, 2019 –SCHMOLZ + BICKENBACH, a global leader in special long steel, announces that at its meeting this morning the Board of Directors decided to remove the option of a share capital increase with an issue price of CHF 0.15 per share based on the current market price of the shares. The proposal to the extraordinary shareholders' meeting has been adjusted accordingly.
Jens Alder elected as new Chairman, Alexey Moskovand Adrian Widmer elected as new members of the Board of Directors
All agenda items and proposals of the Board of Directors approved
All current Board Members who stood for re-election and all nominated Members of the Compensation Committee elected
Lucerne, April 30, 2019 – During today's Annual General Meeting in Lucerne, the shareholders of SCHMOLZ + BICKENBACH AG, a global leader in special long steel, have approved all agenda items and proposals of the Board of Directors with a large majority.
