EANS-Adhoc: Bank Sarasin + Cie AG
SIX Swiss Exchange exempts Bank Sarasin &
Co. Ltd from the duty to comply with certain disclosure obligations
14.11.2012 – 07:02
-------------------------------------------------------------------------------- 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. -------------------------------------------------------------------------------- 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 -------------------------------------------------------------------------------- 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