EANS-Adhoc: Bank Sarasin + Cie AG
The Court of Appeal of Basel-City cancels
the remaining publicly held Sarasin B shares
02.05.2013 – 07:01
-------------------------------------------------------------------------------- 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