Squeeze-out procedure with cash compensation initiated for remaining publicly held SWISS Shares
MUNICH (Lufthansa) - The Swiss company AirTrust AG has initiated a squeeze-out procedure with respect to the remaining publicly held SWISS shares. Following completion of the squeeze-out procedure, the SWISS shareholders affected by the squeeze-out will receive the same compensation for their shares as those shareholders who tendered their shares to AirTrust AG during the offer period. SWISS expects the squeeze-out process to be completed by the end of this year.
Following completion of the squeeze-out procedure, the SWISS shareholders affected by the squeeze-out will receive the same compensation for their shares as those shareholders who tendered their shares to AirTrust AG during the offer period. SWISS shareholders who have deposited their shares with a bank will automatically receive a credit of CHF 8.96 per share automatically following completion of the squeeze-out procedure. SWISS shareholders who keep their shares at home will be required to contact the SWISS Share Register to receive such compensation.
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