on Swiss Steel Holding AG (isin : CH0005795668)
Swiss Steel Holding AG to Voluntarily Delist from SIX Swiss Exchange
Swiss Steel Holding AG, a leader in special long steel, announced plans to delist from the SIX Swiss Exchange. With a limited free float and low trading volume, the decision aims to streamline resources towards restructuring in line with the SSG 2025 strategy. The firm's shareholder structure comprises a few significant investors, making the current market for its shares illiquid. The Board noted that delisting costs are lower compared to maintaining the listing.
The Board invites shareholders to an Extraordinary General Meeting (EGM) on February 17, 2025, where delisting decisions will be determined. If approved, the Board will proceed in accordance with Swiss law and practices, with key dates relayed to shareholders through official channels.
R. H.
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