FFP has initiated the disposal of all its shares in DKSH, a leading Swiss market expansion services group with a focus on Asia, representing around 5.9% of the company’s capital as of 31 December 2018, as part of an accelerated bookbuild placement reserved for institutional investors.
After the transaction, FFP will no longer hold any DKSH shares.
The placement started immediately and its final terms will be announced after the order book has closed. Settlement of the shares should take place on 22 February 2019.
DKSH’s shares are listed on SIX Swiss Exchange (ISIN CH0126673539).
This press release does not constitute an offer to buy shares and the disposal of shares does not constitute a public offering.