EANS-Adhoc: Bank Sarasin + Cie AG The Court of Appeal of Basel-City cancels
the remaining publicly held Sarasin B shares
--------------------------------------------------------------------------------
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.
--------------------------------------------------------------------------------
other
02.05.2013
De-listing contemplated for 21 May 2013
On 25 April 2013, the Court of Appeal of the canton of Basel-City cancelled the
remaining publicly held registered B shares of Bank Sarasin. This decision
followed Safra's public takeover offer for all publicly held registered B shares
of Bank Sarasin, which was completed in October 2012, and as a result of which
Safra held 99% of the share capital and voting rights of Bank Sarasin.
At the request of Bank Sarasin, the SIX Swiss Exchange has agreed to the
delisting of the Sarasin B Shares. In compliance with the contemplated
timetable, it is expected that the delisting takes place on Tuesday 21 May 2013
and that the Sarasin B shares be traded for the last time on the SIX Swiss
Exchange on Friday 17 May 2013 (last trading day).
For more information please contact:
Benedikt Gratzl | Media Relations
T: +41 (0)61 277 70 88 | e-mail: benedikt.gratzl@sarasin.ch
Franziska Gumpfer-Keller | Media Relations
T: +41 (0)44 213 97 35 | e-mail: franziska.gumpfer@sarasin.ch
Safra Group
The Safra Group is a highly regarded name in global private banking with a
successful long standing history. Safra banks include J. Safra Sarasin Holding
and subsidiaries, Banco Safra and Safra National Bank of New York, all built on
strong financial foundations. As of December 2012, the Safra Group had aggregate
stockholder equity of approximately USD 12.9 billion and total assets under
management of USD 200 billion. The Safra banks are in 156 locations worldwide,
and have over 7,700 employees.
J. Safra Sarasin Group - Sustainable Swiss Private Banking since 1841
As an international group committed to sustainability and well established
through its banks in 30 locations in Europe, Asia, the Middle East and Latin
America, J. Safra Sarasin Group is a global symbol of private banking tradition,
emphasizing security and well-managed conservative growth for clients. At the
end of December 2012 it managed total client assets of approximately CHF 130
billion and employed around 2,140 staff, with stockholder equity of approximate
CHF 3.4 billion.
Further inquiry note:
Benedikt Gratzl
Media Relations
T: +41(0)61 277 70 88
Benedikt.Gratzl@sarasin.ch
Franziska Gumpfer-Keller
Media Relations
T: +41 (0)44 213 97 35
franziska.gumpfer@sarasin.ch
end of announcement euro adhoc
--------------------------------------------------------------------------------
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