|Bid||0.00 x 2100|
|Ask||0.00 x 900|
|Day's range||8,445.00 - 8,680.00|
|52-week range||6,420.00 - 8,680.00|
|PE ratio (TTM)||33.88|
|Forward dividend & yield||N/A (N/A)|
|1y target est||N/A|
At today`s Extraordinary General Meeting of Sika AG the shareholders have approved by a large majority all proposals of the Board of Directors. The creation of unitary registered shares with a nominal value of CHF 0.01 each, the abolishment of the opting-out and the transfer restrictions as well as the cancellation of the Sika registered shares purchased from Schenker-Winkler Holding AG (representing 6.97% of the share capital) by way of a capital reduction in an amount of CHF 106,295.20 to CHF 1,417,811.60 were approved. Justin Howell was elected as a member of the Board of Directors and of the Nomination and Compensation Committee.
NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION IN WHOLE OR IN PART, IN, INTO OR FROM THE UNITED STATES, CANADA, AUSTRALIA, JAPAN, ITALY OR ANY OTHER JURISDICTION WHERE TO DO SO WOULD CONSTITUTE A VIOLATION OF THE RELEVANT LAWS OF SUCH JURISDICTION. Following Sika AG`s (the "Issuer" or "Sika") successful offering (the "Offering") and provisional allocations of CHF 1,650 million senior convertible bonds (the "Bonds") due 2025 on May 15, 2018 and the expiration of the advance subscription rights period on May 28, 2018, the final allocations of the bonds have been made today and will be communicated to the institutional investors on May 29, 2018. As of May 28, 2018, 12:00 noon CET, 2,917,820 advance subscription rights, corresponding to 15,772 Bonds (19.12% of the total issue size of CHF 1,650 million), were exercised.
The Extraordinary General Meeting of Sika AG will be held on June 11, 2018, 3.00 p.m., at Waldmannhalle in Baar. The Board of Directors makes the following proposals to the Extraordinary General Meeting: ...
NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION IN WHOLE OR IN PART, IN, INTO OR FROM THE UNITED STATES, CANADA, AUSTRALIA, JAPAN, ITALY OR ANY OTHER JURISDICTION WHERE TO DO SO WOULD CONSTITUTE A VIOLATION OF THE RELEVANT LAWS OF SUCH JURISDICTION. Sika AG (the "Issuer" or "Sika") successfully completed the offering (the "Offering") of CHF 1,650 million senior convertible bonds (the "Bonds") due 2025, upsized from the original CHF 1,500 million issue size. Sika intends to use the net proceeds from the Offering mainly to refinance the recently announced acquisition of its own shares from Compagnie de Saint-Gobain and for general corporate purposes.
NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION IN WHOLE OR IN PART, IN, INTO OR FROM THE UNITED STATES, CANADA, AUSTRALIA, JAPAN, ITALY OR ANY OTHER JURISDICTION WHERE TO DO SO WOULD CONSTITUTE A VIOLATION ...
Compagnie de Saint-Gobain (Saint-Gobain) acquired Schenker-Winkler Holding AG (SWH) from the Burkard family Saint-Gobain/SWH sold 6.97% stake in Sika AG (Sika) to Sika for a total consideration of CHF ...
Following a detailed analysis and applying the restriction of transferability pursuant to article 4 of the articles of association, the Board of Directors of Sika decided to restrict the voting rights ...
Sales growth of 11.0% in local currencies to CHF 1,554.0 million (+11.9% in CHF) Growth in all regions Organization geared to growth and enhanced efficiency with the new Americas and Global Business regions ...
Sika is continuing to expand its production capacity in West Africa with the opening of a concrete admixture factory in Senegal. The new plant is the first in the country and will be further expanded with ...
Sika is pushing ahead with the significant expansion of its plant in Bac Ninh in northern Vietnam, underscoring its commitment to dynamic growth in the country`s booming construction market. A state-of-the-art ...
April 17, 2018 confirmed as date of the Annual General Meeting All current members of the Board of Directors are standing for re-election Board of Directors rejects proposals by Schenker-Winkler Holding ...