Semperit AG Holding: Semperit owns more than 95% of Latexx Partners - Delisting from Bursa Malaysia

(PresseBox) ( Vienna, )
The publicly listed Semperit Group has increased its shareholding in the Malaysian company Latexx Partners Berhad to more than 95% on a diluted basis within the context of the delisting from Bursa Malaysia (the stock exchange of Malaysia) and the related "exit offer" for all outstanding shares and warrants. The delisting of Latexx Partners can now be carried out as intended following the closing of the "exit offer".

As a result of the delisting, trading of Latexx Partners' shares has been suspended since May 23, 2013 and its' listing on Bursa Malaysia will cease on June 5, 2013. Currently the remaining shareholders of Latexx Partners have a further three months to sell their shares and warrants to Semperit Group under the same conditions as in the "exit offer".

A further step in the acquisition of Latexx Partners was successfully taken on the basis of the delisting. The integration of the Malaysian glove producer in the Medical Sector of the Semperit Group is on schedule and has already generated already benefits in the first quarter of 2013. The improved global presence, expanded customer base and capacity increases resulting from the acquisition of Latexx Partners will have a positive effect on Semperit Group's business development for the rest of the year.
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