SGO Cie de SaintGobain

TIDMCOD

RNS Number : 7898B

Compagnie de Saint-Gobain

06 April 2017

PRESS RELEASE

April 6, 2017

Extension of the validity of the agreement between Saint-Gobain and the Burkard family relating to the sale of the shares of Schenker-Winkler Holding

Pursuant to the agreement between Saint-Gobain and the Burkard family relating to the sale of the shares of Schenker-Winkler Holding (SWH), which holds the majority of Sika voting rights, Saint-Gobain has exercised its option to extend the validity of the agreement until December 31, 2017. Saint-Gobain will then have the right to extend the agreement up until December 31, 2018.

This further extension of the sale agreement once again reflects the alignment between the Burkard family and Saint-Gobain and their unwavering determination. The transaction makes strategic, industrial and financial sense for Saint-Gobain and for Sika, for their employees, for their customers and for all of their shareholders.

ABOUT SAINT-GOBAIN

Saint-Gobain designs, manufactures and distributes materials and solutions which are key ingredients in the wellbeing of each of us and the future of all. They can be found everywhere in our living places and our daily life: in buildings, transportation, infrastructure and in many industrial applications. They provide comfort, performance and safety while addressing the challenges of sustainable construction, resource efficiency and climate change.

EUR39.1 billion in sales in 2016

Operates in 67 countries

More than 170,000 employees

www.saint-gobain.com

@saintgobain

 
 
      Analyst/Investor relations                Media relations 
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  Florent Nouveau          +33 1 47   Charles Hufnagel        +33 1 47 
  Floriana Michalowska     62 35 98    Susanne Trabitzsch     62 43 25 
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This information is provided by RNS

The company news service from the London Stock Exchange

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April 06, 2017 04:35 ET (08:35 GMT)

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