PARIS, April 7, 2015 /PRNewswire/ --
Saint-Gobain and the Burkard family
have decided to amend their agreement relating to the sale of the
shares of Schenker-Winkler Holding
(SWH) that holds a controlling stake in Sika and to extend the date
of validity of their agreement until 30 June 2016. At
such date, Saint-Gobain will have an option to extend the
agreement.
Saint-Gobain and the Burkard family have also adapted their
agreement to take into account shares of Sika previously held
directly by the Burkard family that have recently been sold by it
to SWH, as well as additional shares purchased by SWH. As the
family does not own any shares in Sika, there is no group formed by
the Burkard family and Saint-Gobain as per the Swiss stock exchange
rules.
Under no circumstance can Saint-Gobain be forced to purchase the
shares of SWH if its stake in Sika would not represent the majority
of the voting rights or if such acquisition would trigger the
obligation to launch a mandatory offer to all Sika
shareholders.
Analyst/Investor Relations
Gaetano Terrasini
+33-1-47-62-32-52
Vivien Dardel
+33-1-47-62-44-29
Marine Huet
+33-1-47-62-30-93
Media Relations
Sophie Chevallon
+33-1-47-62-30-48
Susanne Trabitzsch
+33-1-47-62-43-25
SOURCE Saint-Gobain