Braas Monier Building Group S.A.: Luxembourg court hearing in connection with Standard Industries' preliminary injunction
Luxembourg court hearing in connection with Standard Industries' preliminary injunction
Luxembourg, 14 December 2016. The Board of Directors of Braas Monier Building Group S.A. (the "Board") announces that the relevant Luxembourg court has this morning held an extraordinary hearing to consider Braas Monier's submission that the preliminary injunction issued on 5 December 2016 should be withdrawn.
During the extraordinary hearing Braas Monier was informed that the presiding judge expects to deliver a judgement in respect of the preliminary injunction by 21 December 2016 at the latest.
The Board continues to recommend that shareholders do not accept the Standard Industries offer and do not tender their shares.
The Board will write to shareholders again shortly after the judgement has been delivered.
Braas Monier: Achim Schreck Director Group Communications / Investor Relations Tel: +49 (0) 6171 612 859
Rothschild: John Deans Tel: +44 (0) 20 7280 5000
Scott Harris: Alice Squires Tel: +44 (0) 207 653 0030
CNC Communications: Harald Kinzler Tel: +49 (0) 69 5060 37579
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Language: English Company: Braas Monier Building Group S.A. 4, rue Lou Hemmer 1748 Senningerberg Grand Duchy of Luxembourg Internet: www.braas-monier.com ISIN: LU1075065190, LU1498426326 WKN: BMSA01, BMSA02 Indices: SDAX Listed: Regulated Market in Frankfurt (Prime Standard); Regulated Unofficial Market in Berlin, Dusseldorf, Munich, Stuttgart, Tradegate Exchange
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