Board of Directors decides to delist Goldbach Group shares
At its meeting on September 18, 2018, the new Board of Directors of the Goldbach Group resolved to delist Goldbach’s shares traded on the SIX Swiss Exchange in connection with Tamedia’s acquisition of Goldbach, which was completed on August 24, 2018.
The delisting is to take effect as of the legal validity of the cancellation proceedings already initiated by Tamedia, i.e. probably in the first quarter of 2019. A corresponding application will be submitted to SIX Exchange Regulation in the coming days.
Based on the company's application, SIX will decide how long the share will continue to be traded after the delisting announcement based on various criteria. According to NZZ However, in any case, the period is between three and twelve months. (pd/hae)
