ChemChina Participation in Syngenta Exceeds 98 Percent Threshold
13 Juillet 2017 - 7:00AM
Business Wire
Following the purchase of additional Syngenta shares,
ChemChina's participation in Syngenta has exceeded 98% of
Syngenta's share capital.
As a consequence, ChemChina has filed a petition with the Basel
Appellate Court to cancel the remaining Syngenta shares that are
not held by ChemChina or any of its affiliates. Holders of these
Syngenta shares will receive the offer price of USD 465 per
Syngenta share following completion of the court proceedings.
In parallel, Syngenta will apply for the de-listing from the SIX
Swiss Exchange of its shares, to become effective promptly
following completion of the court proceedings.
About Syngenta
Syngenta is a leading agriculture company helping to improve
global food security by enabling millions of farmers to make better
use of available resources. Through world class science and
innovative crop solutions, our 28,000 people in over 90 countries
are working to transform how crops are grown. We are committed to
rescuing land from degradation, enhancing biodiversity and
revitalizing rural communities. To learn more visit
www.syngenta.com and www.goodgrowthplan.com. Follow us on Twitter®
at www.twitter.com/Syngenta.
Disclaimer
This press release is not an offer to purchase or a solicitation
of an offer to sell any securities.
Cautionary statement regarding forward-looking
statements
Some of the statements contained in this press release are
forward-looking statements. These statements are based on current
expectations, assumptions, estimates and projections, and involve
known and unknown risks, uncertainties and other factors that may
cause results, levels of activity, performance or achievements to
be materially different from any forward-looking statements. These
statements are generally identified by words or phrases such as
"believe", "anticipate", "expect", "intend", "plan", "will", "may",
"should", "estimate", "predict", "potential", "continue" or the
negative of such terms or other similar expressions. If underlying
assumptions prove inaccurate or unknown risks or uncertainties
materialize, actual results and the timing of events may differ
materially from the results and/or timing discussed in the
forward-looking statements, and you should not place undue reliance
on these statements. Syngenta disclaims any intent or obligation to
update any forward-looking statements as a result of developments
occurring after the period covered by this press release or
otherwise.
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Syngenta International AGMedia OfficeTel: +41 61 323
2323Fax: +41 61 323 2424www.syngenta.comorMedia
contacts:Leandro ContiSwitzerland +41 61 323
2323media.relations@syngenta.comorPaul MinehartUSA +1 202 737
8913orAnalyst/Investor contacts:Jennifer GoughSwitzerland
+41 61 323 5059USA +1 202 737 6521
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