EANS-Adhoc: Bank Sarasin + Cie AG SIX Swiss Exchange exempts Bank Sarasin &
Co. Ltd from the duty to comply with certain disclosure obligations
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ad-hoc disclosure transmitted by euro adhoc with the aim of a Europe-wide
distribution. The issuer is solely responsible for the content of this
announcement.
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Privatisations
14.11.2012
Bank Sarasin to be delisted upon cancellation of the publicly held registered B
shares
On 1 November 2012, the SIX Swiss Exchange (SIX) exempted Bank Sarasin & Co. Ltd
from the duty to comply with certain disclosure obligations contemplated in the
SIX' listing rules, namely the duty to publish price-sensitive information
(Ad-Hoc Publicity), to report management transactions, to publish a corporate
calendar and to report certain corporate events to the SIX.
The exemption will remain effective until 7 April 2013 (inclusive). Bank Sarasin
requested the exemption from SIX after Safra announced on 23 October 2012 that
it had submitted a request before a court in Basel for the cancellation of Bank
Sarasin's remaining publicly held registered B shares.
In addition, on 6 November 2012, the SIX agreed to Bank Sarasin's request for
the delisting of its registered B shares. The delisting will become effective
when the decision of the Basel court to cancel the remaining publicly held
registered B shares of Bank Sarasin shall have become final. The delisting is
subject to Bank Sarasin complying with certain disclosure requirements. Bank
Sarasin is in particular required to announce the date of delisting at least
five trading days in advance.
Further inquiry note:
Dr. Benedikt Gratzl
Head of Corporate Communications
T: +41(61) 277 70 88
Benedikt.Gratzl@sarasin.ch
end of announcement euro adhoc
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issuer: Bank Sarasin + Cie AG
Elisabethenstrasse 62
CH-4002 Basel
phone: +41 (61) 277 77 77
FAX: +41 (61) 272 02 05
mail: info@sarasin.ch
WWW: www.sarasin.ch
sector: Banking
ISIN: CH0038389307
indexes: SPIEX, SPI ex SLI
stockmarkets: official dealing/general standard: SIX Swiss Exchange
language: English