on Schaffner Holding AG (isin : CH0009062099)
Delisting of Schaffner Holding AG Shares and Compensation Details Announced
Schaffner Holding AG announced the forthcoming delisting from the SIX Swiss Exchange effective May 16, 2024, following a recent High Court ruling. On April 25, 2024, the High Court of the canton of Solothurn mandated the cancellation of all publicly held registered shares of Schaffner Holding AG, each with a nominal value of CHF 32.50. This decision became definitive on May 2, 2024.
In conjunction with the share cancellation, shareholders will receive CHF 505 per share as compensation. This payout mirrors the price offered by Tyco Electronics (Switzerland) Holding II GmbH in their public tender offer. The last trading day for Schaffner shares on the SIX Swiss Exchange has been scheduled for May 15, 2024, as confirmed by SIX Exchange Regulation AG on May 6, 2024, with the delisting occurring the following day.
R. E.
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