EANS-News: Binder+Co Aktiengesellschaft / End of the Binder+Co share exchange process - start of the invalidation declaration procedure

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Company Information/Delisting

End of the Binder+Co share exchange process - start of the
invalidation declaration procedure

Gleisdorf, 3 October 2016

At the Binder+Co AG Annual General Meeting held on 12 April 2016, it
was agreed to amend company articles §§ 4, 21 and 24 in a manner that
would allow the replacement of the company's bearer shares by
registered shares. This amendment to the articles was entered into
the Binder+Co AG company register on 30 July 2016, thereby rendering
incorrect the content of the bearer shares of Binder+Co AG
stockholders, which are securitised by an amendable global
certificate with the numbers 1 to 3,750,000 ISIN AT000BINDER3.

For this reason, on 1 August 2016, via UniCredit Bank Austria AG,
Binder+Co AG requested its stockholders to exchange their deposited
bearer shares for effective registered shares by 30 September 2016.

To date not all company stockholders have complied with this request.

Therefore, following receipt of court approval, Binder+Co AG now
intends to initiate an invalidation procedure. Via three
announcements in the Official Gazette of the "Wiener Zeitung",
pursuant to §67 Para.2 and §58 Para.2 of the Austrian Stock
Corporation Act, those stockholders who have not yet instructed the
banks managing their accounts to submit their bearer shares for
conversion into registered shares will be urged to hand over their
bearer shares for replacement by new registered share certificates in
the period from 13 October 2016 (beginning of the day) to 31 January
2017 (course of the day). Any shares, which in spite of the threefold
request have not been submitted for exchange into registered shares
within the stated deadline by 31 January 2017 (course of the day),
will subsequently be declared invalid.

Information regarding the share exchange can also be found on the
company website at www.binder-co.at under the heading "Binder+Co
share".

The Binder+Co Group Binder+Co is a specialist in the field of
processing, environmental and packaging technology and the world
market leader in the screening and glass recycling segments. The
Binder+Co Group consists of Binder+Co AG, the four fully owned
subsidiaries Comec-Binder S.r.l., Bublon GmbH, Binder+Co Machinery
(Tianjin) Ltd. and Binder+Co USA Inc., as well as the Statec Binder
GmbH joint venture (50.7%).

Further inquiry note:
Karl Grabner, Member of the Board
Tel.: +43/3112/800-363

end of announcement euro adhoc
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company: Binder+Co Aktiengesellschaft
Grazerstraße 19-25
A-8200 Gleisdorf
phone: +43 3112 800-363
FAX: +43 3112 800-320
mail: karl.grabner@binder-co.at
WWW: www.binder-co.com
sector: Machine Manufacturing
ISIN: AT000BINDER3
indexes: mid market
stockmarkets: Third Market: Wien
language: English

Original-Content von: Binder+Co Aktiengesellschaft, übermittelt durch news aktuell