EQS Group-Ad-hoc: CEVA Logistics AG / Key word(s): Miscellaneous
CEVA Logistics AG: CMA CGM holding more than 98% of CEVA's share capital and
voting rights
24-Apr-2019 / 07:00 CET/CEST
Release of an ad hoc announcement pursuant to Art. 53 KR
The issuer is solely responsible for the content of this announcement.
Baar, Switzerland, 24 April, 2019 - CEVA Logistics AG ("CEVA") has been
informed by CMA CGM S.A. ("CMA CGM") that CMA CGM has, after the elapse of
the additional offer period of the public tender offer, purchased additional
shares of CEVA on the market. After the settlement of the public tender
offer and taking into account these additional shares, CMA CGM now holds
more than 98% of the share capital and voting rights of CEVA (as recorded in
the commercial register). It is expected that CMA CGM will proceed with the
squeeze out procedure and will file the claim for cancellation of the
remaining outstanding CEVA shares ("Klage auf Kraftloserklärung") in
accordance with art. 137 FMIA as announced in the offer prospectus dated 28
January 2019.
*For additional information please contact: *
*Investors:*
Pierre Benaich
SVP Investor Relations
pierre.benaich@cevalogistics.com
+41 41 547 0048
*Media:*
Matthias Hochuli
Group Head of Marketing and Communications
matthias.hochuli@cevalogistics.com
+41 41 547 0052
Cathy Howe
Pilot Marketing
ch@pilotmarketing.co.uk
Tel: +44 (0)208 941 5381
*CEVA - Making business flow*
CEVA Logistics, a global asset-light third-party logistics company, designs
and operates industry leading supply-chain solutions for large and
medium-size national and multinational companies. Its integrated network in
Freight Management and Contract Logistics spans more than 160 countries.
Approximately 58,000 employees are dedicated to delivering effective
solutions across a variety of industry sectors where CEVA applies its
operational expertise to provide best-in-class services. CEVA generated
revenue of US$ 7.4 billion and Adjusted EBITDA of US$ 260 million in 2018.
CEVA Logistics is listed on SIX Swiss Exchange under ticker symbol CEVA. For
more information, please visit
www.cevalogistics.com [1]
End of ad hoc announcement
802631 24-Apr-2019 CET/CEST
1: https://link.cockpit.eqs.com/cgi-bin/fncls.ssp?fn=redirect&url=7003b4a5222aa3f86bea6b061249e50c&application_id=802631&site_id=vwd&application_name=news
(END) Dow Jones Newswires
April 24, 2019 01:00 ET (05:00 GMT)
