EQS-News: SIG Combibloc Group AG: Sale of shares by Onex
5 September 2019 SIG Combibloc Group ("SIG")
Sale of shares by Onex
SIG today announced that Onex Corporation ("Onex") (TSX: ONEX) and its affiliates (the "Onex Group") have sold 30 million shares (representing approximately 9.4% of SIG's share capital) to a number of institutional investors following an accelerated bookbuilding process. After settlement of the transaction, which is expected to close on 9 September 2019, subject to customary closing conditions, the Onex Group participation in SIG will be 41.6% and the free float in SIG shares will increase to 56.8%.
Jennifer Gough +41 52 674 6508 Director Investor Relations SIG Combibloc Group AG Neuhausen am Rheinfall, Switzerlandjennifer.firstname.lastname@example.org
Lemongrass Communications Andreas Hildenbrand +41 44 202 email@example.com
About SIG SIG is a leading systems and solutions provider for aseptic carton packaging. We work in partnership with our customers to bring food and beverage products to consumers around the world in a safe, sustainable and affordable way. Our unique technology and outstanding innovation capacity enable us to provide our customers with end-to-end solutions for differentiated products, smarter factories and connected packs, all to address the ever-changing needs of consumers. Founded 1853, SIG is headquartered in Neuhausen, Switzerland. The skills and experience of our approximately 5,000 employees worldwide enable us to respond quickly and effectively to the needs of our customers in over 60 countries. In 2018, SIG produced more than 35 billion carton packs and generated EUR1.7 billion in revenue. For more information, visit www.sig.biz.
Additional features:Document: http://n.eqs.com/c/fncls.ssp?u=FDBPTJJXTBDocument title: Sale of shres by Onex Sept 5, 2019
End of Corporate NewsLanguage: English Company: SIG Combibloc Group AG Laufengasse 18 8212 Neuhausen am Rheinfall
Switzerland Phone: +41 52 674 61 11 Fax: +41 52 674 65 56 E-mail: firstname.lastname@example.org Internet: www.sig.biz ISIN: CH0435377954 Listed: SIX Swiss Exchange EQS News ID: 868795 End of News EQS Group News Service