Quasi-ad hoc-Announcement
of
SiC Processing GmbH,
Hirschau
(ISIN DE000A1H3HQ1)
Notice of termination of the admission of the bearer bonds of SiC Processing GmbH
(ISIN: DE000A1H3HQ1, WKN: A1H3HQ) to the 'Bondm' trading segment with effect as of
12 p.m. 16 April 2013
Hirschau, 5 March 2013 - With consent of the advisory board the management of SiC Processing GmbH has decided to terminate the admission of the company's 2011/2016 bearer bonds (ISIN: DE000A1H3HQ1, WKN: A1H3HQ) to the 'Bondm' trading segment of the regulated unofficial market of the Stuttgart Stock Exchange (Baden-Württembergische Wertpapierbörse). The termination notice which has been filed today with the Stuttgart Stock Exchange (Baden-Württembergische Wertpapierbörse) will become effective as of 12 p.m. 16 April 2013.
The inclusion of the company's 2011/2016 bearer bonds in the regulated unofficial market of the Stuttgart Stock Exchange (Baden-Württembergische Wertpapierbörse) will remain unaffected by the notice of termination. As a result the bonds will in future remain tradable in the regulated unofficial market of the Stuttgart Stock Exchange (Baden-Württembergische Wertpapierbörse).
SiC Processing GmbH is currently subject to plan proceedings in debtor-in-possession. By downlisting from the trading segment 'Bondm' into the regulated unofficial market SiC Processing GmbH intends to reduce the costs and amount of administration linked to an admission to the 'Bondm' trading segment.
Register on our Website under http://www.sic-processing.com/index.php/Newsletter.html
to receive the latest announcement of SiC Processing Group automatically
About SiC Processing GmbH:
SiC Processing GmbH is the leader for recycling of slurry from water sawing processes of PV and semiconductor industries. The SiC Processing group has established itself in a timeframe of only eleven years as global leader for the recycling of slurry. The production sites are located in Germany, China and the US. In Italy, SiC Processing runs a sales agency, while the site in Norway was shut down mid of 2012 following bankruptcy of the Norwegian customer. To date, the group employs 619 employees. Beside the majority shareholder Nordic Capital Fund VII, the founder family has a shareholding of 25 per cent in the Company. You can find more information at www.sic-processing.com.
Press Contact:
Markus Kreuzer
Head of Marketing and Communications
Telephone: 0049 (0) 9622 - 70 39 273
E-Mail: markus.kreuzer@sic-processing.de
N.B. The text in English is a courtesy translation from German only. In the event of any discrepancies between the two, the German original text shall prevail.