Dietikon, Monday, March 5, 2012
The shares of EGL AG will be delisted from the Swiss stock exchange on 9 March 2012. As a result, SIX Swiss Exchange has extended the exemption from listing rules obligations to 9 March 2012. In doing so, EGL AG remains exempt from certain disclosure obligations until delisting.
SIX Swiss Exchange has released EGL AG from the following
listing obligations up to the date of delisting on 9 March
2012:
a) Annual reporting 2010/11 (Art. 49 Listing
Rules)
b) Corporate calendar (Art. 52 Listing Rules)
c) Ad hoc publicity (Art. 53 Listing Rules)
d) Disclosure of management transactions (Art. 56
Listing Rules
e) Further duties to provide information (Art. 55
Listing Rules, connected to Circular No. 1, Notification of
changes in rights attached to securities, Annex 1, Clause
1.03 f., 1.08, 2.01, 3.05 f., 5.02 f., 5.05)
However, EGL AG will continue to comply with disclosure
obligations regarding outstanding bonds in the future.
Background
In June 2011, Axpo Holding AG issued a public tender offer
for all bearer shares. On 16 February 2012, the Commercial
Court of the canton of Aargau declared the remaining EGL
shares (0.2%) still on the market as invalid. The verdict
is now in effect. Axpo is thereby the sole shareholder of
100 percent of EGL shares. EGL shares will be delisted on 9
March. As a result, no public EGL Annual General Meeting
will take place on 30 March 2012.
Further information
Media Relations
Switzerland: 0800 44 11 00
International: +41 44 278 41 10
medien@axpo.ch