The board of directors of the Vaud industrialist reaffirmed its intention to allow the trading of the group’s shares via a Swiss over-the-counter (OTC) trading platform, with effect from their delisting.
The manufacturer of packaging machines Bobst confirmed on Monday its intention to withdraw its share from the Swiss stock exchange. The decision of the board of directors of the Mex group follows the request of its majority shareholder JBF Finance, holder of 85.29% of the share capital following the execution of its takeover bid on November 4.
The company confirmed in a press release on Monday that it would initiate the corresponding delisting procedure. This could take “between five days and several months”, Bobst management indicated last week.
The board of directors of the Vaud industrialist also reaffirmed its intention to allow the trading of the group’s shares via a Swiss over-the-counter (OTC) trading platform, with effect from their delisting.