Munich, May 8, 2015 – Siltronic AG is preparing for an Initial Public Offering and a subsequent listing on the Frankfurt Stock exchange (Regulated Market, Prime Standard). Wacker Chemie AG’s Executive and Supervisory Boards approved its subsidiary’s IPO plans. Execution of this project will, among other factors, depend on the capital market environment. Further project details are to be announced in due time.
Ad-hoc disclosure of May 8, 2015
Ad-Hoc Disclosure according to Sec. 15 WpHG (German Securities Trading Act) of May 8, 2015
Wacker Chemie AG / Strategic Corporate Decisions / Company Structure
SILTRONIC AG PLANS FOR AN IPO
Munich, May 08, 2015
Wacker Chemie AG
Tel. +49 89 6279-1633
Deutsche Boerse : WCH
Ticker Bloomberg CHM/WCK.GR
Ticker Reuters CHE/WCHG.DE
Listing: Frankfurt Stock Exchange (Frankfurter Wertpapierbörse), Official Market (Prime Standard)
This publication contains forward-looking statements based on assumptions and estimates of WACKER’s Executive Board. Although we assume the expectations in these forward-looking statements are realistic, we cannot guarantee they will prove to be correct. The assumptions may harbor risks and uncertainties that may cause the actual figures to differ considerably from the forward-looking statements. Factors that may cause such discrepancies include changes in the economic and business environment, variations in exchange and interest rates, the introduction of competing products, lack of acceptance for new products or services, and changes in corporate strategy. WACKER does not plan to update its forward-looking statements, nor does it assume the obligation to do so.
This document includes supplemental financial measures (not clearly defined in the applicable financial reporting framework) that are or may be alternative performance measures (APM). These supplemental financial measures should not be viewed in isolation or as alternatives to measures of WACKER’s net assets and financial positions or results of operations as presented in accordance with the applicable financial reporting framework in its Consolidated Financial Statements. Other companies that report or describe similarly titled alternative performance measures may calculate them differently. Explanations of financial measures used can be found in the Annual Report of Wacker Chemie AG which is available for download under www.wacker.com.
(PDF | 60 KB)