Corporate | 10 January 2014 17:16
DGAP-News: Symrise AG / Key word(s): Investment
10.01.2014 / 17:16
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This press release is not a public offering to acquire shares
This press release is not and must not, directly or indirectly, be
distributed in or to Australia, Canada, Japan, New Zeeland, South Africa,
the United States or any other jurisdiction where further documents,
registrations or other measures in addition to what is required under
Swedish law would be required.
Holzminden, January 10, 2014
Symrise has increased its holdings in Probi to 30.03 per cent, which gives
rise to an obligation to launch a mandatory public offer
Symrise AG ('Symrise') has acquired 11,010 shares in the Swedish company
Probi AB (publ) ('Probi' or the 'Company'), listed on NASDAQ OMX Stockholm,
whereupon Symrise holds 2,812,505 shares in Probi. Symrise's holdings in
the Company has thereby increased from around 29.91 per cent of the shares
and votes to around 30.03 per cent of the shares and votes.
Symrise is, thus, obliged to launch a so called mandatory public offer to
all shareholders in Probi. Symrise intends to, within four weeks, announce
information as regards a possible mandatory public offer for the remaining
shares in the Company. If such mandatory public offer is launched, the
offered price will amount to SEK 40.10 per share, which corresponds to the
highest price paid by Symrise during the last six months.
About Symrise:
Symrise is a global supplier of fragrances, flavorings, cosmetic active
ingredients and raw materials as well as functional ingredients. Its
clients include manufacturers of perfumes, cosmetics, food and beverages,
the pharmaceutical industry and producers of nutritional supplements.
Its sales of EUR 1.735 billion in 2012 place Symrise among the top four
companies in the global flavors and fragrances market. Headquartered in
Holzminden, Germany, the Group is represented in over 35 countries in
Europe, Africa, the Middle East, Asia, the United States and Latin America.
Symrise works with its clients to develop new ideas and market-ready
concepts for products that form an indispensable part of everyday life.
Economic success and corporate responsibility are inextricably linked as
part of this process. Symrise thus takes sustainability into account in
every part of its corporate strategy. The company was awarded the German
Sustainability Award in 2012. Symrise - always inspiring more.
Media contact:
Bernhard Kott
Phone +49 (0)5531 90-1721
bernhard.kott@symrise.com
Investor contact:
Tobias Erfurth
Phone +49 (0)5531 90-1879
tobias.erfurth@symrise.com
End of Corporate News
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10.01.2014 Dissemination of a Corporate News, transmitted by DGAP - a
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Language: English
Company: Symrise AG
Mühlenfeldstraße 1
37603 Holzminden
Germany
Phone: +49 (0)5531 90 0
E-mail: ir@symrise.com
Internet: www.symrise.com
ISIN: DE000SYM9999
WKN: SYM999
Indices: MDAX
Listed: Regulierter Markt in Frankfurt (Prime Standard);
Freiverkehr in Berlin, Düsseldorf, Hamburg, Hannover,
München, Stuttgart
End of News DGAP News-Service
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247641 10.01.2014