SIX Swiss Exchange approves delisting of Micronas’ shares
SIX Swiss Exchange has approved Micronas’ request to delist its registered shares (securities identification no. 1 233 742) upon completion of the intended merger with the Swiss subsidiary of TDK Corporation.
Zurich, October 14, 2016 – The decision of SIX Exchange Regulation dated October 13, 2016 is conditional upon the approval of the merger of Micronas Semiconductor Holding AG with and into TDK Magnetic Field Sensor Switzerland AG by the extraordinary Shareholders’ Meeting of Micronas on October 20, 2016 and the registration of the merger with the Commercial Register. The delisting is likely to take place on October 25, 2016. The last trading day for the shares of Micronas is expected to be on October 24, 2016. However, trading in Micronas’ shares is foreseen to be suspended following the registration of the merger with the Commercial Register, expected to occur on October 20, 2016.
About Micronas
Micronas, a TDK group company, is the most preferred partner for sensing and control. Micronas serves all major automotive electronics customers worldwide, many of them in long-term partnerships for lasting success. While the holding company is headquartered in Zurich (Switzerland), operational headquarters are based in Freiburg (Germany). Currently, the Micronas Group employs around 900 persons.
For further information
Susy Krucker
Investor Relations
Phone: +41 44 445 39 60
E-mail: investor@micronas.com