Swisslog requests merger with cash compensation and delisting of shares

Buchs/Aarau, 19 June 2015 - Swisslog will request the extraordinary General Meeting of 28 July 2015 to approve a merger with cash compensation for minority shareholders. In the course of the merger, the Swisslog share will be delisted from the SIX Swiss Exchange.

Following a successful public offer, KUKA AG holds a stake of more than 96% in Swisslog Holding AG. In order to fully integrate Swisslog in the KUKA group, thereby streamlining the structure and management of the group, the Board of Directors of Swisslog has signed a merger agreement with KUKA Beteiligungen (Schweiz) AG, a subsidiary of KUKA AG. This agreement will be submitted to the extraordinary General Meeting on 28 July 2015 for approval.

Instead of shares in the absorbing company, the Swisslog shareholders (except for KUKA AG) will receive a cash compensation amounting to CHF 1.35 per registered share. The merged company will operate under the name Swisslog Holding AG. The Swisslog brand and the company's head office in Buchs will remain.

Swisslog has requested SIX Swiss Exchange to delist the Swisslog share. The last trading day will most likely be 28 July 2015.

Contact

Swisslog Holding AG

Reto Sidler

Head Corporate Communications

Tel.:

+41 62 837 95 36

Email:

reto.sidler@swisslog.com


News release (PDF)



Provider
Channel
Contact
Tensid Ltd., Switzerland
www.tensid.ch


newsbox.ch
www.newsbox.ch


Provider/Channel related enquiries
marco@tensid.ch
+41 41 763 00 50