DATACOLOR AG Cancellation of the remaining publicly held Datacolor shares and delisting from the Swiss Stock Exchange as of April 19, 2024
Transparency directive : regulatory news
11/04/2024 06:00
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Datacolor AG / Key word(s): Delisting
Cancellation of the remaining publicly held Datacolor shares and delisting from the Swiss Stock Exchange as of April 19, 2024
11-Apr-2024 / 06:00 CET/CEST
Release of an ad hoc announcement pursuant to Art. 53 LR
The issuer is solely responsible for the content of this announcement.
Media Information
Ad hoc announcement pursuant to Art. 53 LR
The court of competent jurisdiction has approved the cancellation proceedings of Werner Dubach. Werner Dubach now holds 100 percent of Datacolor AG. The shares of Datacolor AG will be delisted from the SIX Swiss Exchange as of April 19, 2024.
The court of competent jurisdiction of the canton of Zug has declared the registered shares of Datacolor AG still held by the public with a par value of CHF 1.00 each ("Datacolor shares") to be cancelled. The court decision became final and enforceable on April 3, 2024.
The holders of the cancelled Datacolor shares will receive a cash settlement determined in reference to the public tender offer of Werner Dubach of July 27, 2023 (pre-announced on July 3, 2023) to purchase all publicly-held shares of Datacolor AG in the amount of the offer price of CHF 760.00 net per share. Werner Dubach had initiated the corresponding cancellation of the remaining publicly held Datacolor shares on November 6, 2023.
SIX Exchange Regulation AG has now set the last trading day of Datacolor shares as April 18, 2024 by decision dated April 9, 2024. The Datacolor shares will be delisted as of April 19, 2024.
Rotkreuz, April 11, 2024
About Datacolor
Datacolor, a global leader in color management solutions, provides software, instruments and services to assure accurate color of materials, products and images. The world's leading brands, manufacturers and creative professionals have used Datacolor's innovative solutions to consistently achieve the right color for over 50 years. The company provides sales, service and support in over 100 countries throughout Europe, the Americas and Asia. Datacolor’s customers stem from textile and apparel, paint and coatings, and plastics industries as well as the growing consumer market. For more information visit www.datacolor.com.
Forward-looking statements
This media release contains forward-looking statements. Forward-looking statements comprise information that is not historical in nature or which refers to future events and is therefore subject to risks and uncertainties. It is not possible to provide any guarantee that the transactions described here will be completed or that the final conditions of these transactions will be fulfilled. Werner Dubach and Datacolor are not obliged to publicly update or revise forward-looking statements, either as a result of new information or future events or for other reasons.
End of Inside Information
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| Language: |
English |
| Company: |
Datacolor AG |
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Grundstrasse 12+14 |
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6343 Rotkreuz |
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Switzerland |
| ISIN: |
CH0008531045 |
| Valor: |
850494 |
| Listed: |
SIX Swiss Exchange |
| EQS News ID: |
1877625 |
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| End of Announcement |
EQS News Service |
1877625 11-Apr-2024 CET/CEST
