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WAF — Siltronic AG News Story

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Brief: Wacker Intends To Further Reduce Its Stake In Siltronic

BRIEF-Wacker Intends To Further Reduce Its Stake In Siltronic

- WACKER CHEMIE AG WCHG.DE:

  • WACKER INTENDS TO FURTHER REDUCE ITS STAKE IN SILTRONIC

  • INTENDS, THROUGH AN ACCELERATED BOOKBUILD PROCESS, TO DISPOSE OF APPROXIMATELY 2.2 MILLION SHARES OF SILTRONIC AG

  • DISPOSAL REPRESENTING APPROXIMATELY 6.7 PERCENT OF SILTRONIC’S CAPITAL STOCK

  • PRICING AND ALLOCATION ARE EXPECTED TO FOLLOW SHORTLY AFTER THE COMPLETION OF THE BOOKBUILD

  • THE OFFERING IS ADDRESSED TO QUALIFIED INVESTORS AND TO INTERNATIONAL INSTITUTIONAL INVESTORS ONLY


Further company coverage: WCHG.DE


(Gdansk Newsroom)

((gdansk.newsroom@thomsonreuters.com; +48 58 7696600;))

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