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EQS Group-News: SIG Combibloc Group AG
/ Key word(s): Investment
MEDIA RELEASE 14 November 2019 Sale of shares by Onex SIG today announced that Onex Corporation ("Onex") (TSX: ONEX) and its affiliates (the "Onex Group") have sold 31.4 million shares (representing approximately 9.8% of SIG's share capital) to a number of institutional investors, following an accelerated bookbuilding process. After settlement of the transaction, which is expected to close on 18 November 2019, subject to customary closing conditions, the Onex Group participation in SIG will be 31.8% and the free float in SIG shares will increase to 67.1%. In conjunction with the Onex sale, members of the SIG Group Executive Board have participated in the transaction by exercising their tag-along rights relating to their pre-IPO co-investment with Onex in the amount of 3.7% of the offer size. Following these transactions, members of the Group Executive Board indirectly hold 0.6% of the share capital. Investor contact: Jennifer Gough Media contact: Lemongrass Communications About SIG Additional features: Document: Document title: SIG Onex 20191114
End of Corporate News |
| Language: | English |
| Company: | SIG Combibloc Group AG |
| Laufengasse 18 | |
| 8212 Neuhausen am Rheinfall | |
| Switzerland | |
| Phone: | 1 |
| Fax: | 6 |
| E-mail: | |
| Internet: | |
| ISIN: | CH0435377954 |
| Listed: | SIX Swiss Exchange |
| EQS News ID: | 912509 |
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| End of News | EQS Group News Service |
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912509Â Â 14.11.2019Â
