The Cantonal Court of Zug has served Sika AG today with a challenge and voting right action of Schenker Winkler-Holding (SWH) against certain resolutions of the ordinary general meeting of Sika on April 14, 2015. With its action SWH challenges in particular the re-election to the board of directors of Ms. Ribar and Messrs. Hälg, Sauter, Suter and Tobler as well as the non-election of Mr. Roesle to the board. Sika will respond to the action of SWH in the context of the court proceedings.
Irrespective of this legal action, which was already announced some time ago, Sika remains convinced that SWH's attempted sale of Sika to Saint-Gobain is legally not viable in this form and makes no entrepreneurial sense.
| DATE SIKA AG | June 1, 2015 Zugerstrasse 50 6341 Baar, Switzerland www.sika.com | CONTACT TELEPHONE | Dominik Slappnig Corporate Communications & Investor Relations +41 58 436 68 21 slappnig.dominik@ch.sika.com |
SIKA CORPORATE PROFILE
Sika is a specialty chemicals company with a leading position in the development and production of systems and products for bonding, sealing, damping, reinforcing and protecting in the building sector and the motor vehicle industry. Sika has subsidiaries in 91 countries around the world and manufactures in over 160 factories. Its approximately 17,000 employees generated annual sales of CHF 5.6 billion in 2014.
The media release can be downloaded from the following link:
