Luxembourg, 07 December 2016. The Board of Directors of Braas Monier Building Group S.A. (the “Board”) announces that, upon the application of Braas Monier, the relevant Luxembourg court has ordered an extraordinary hearing for Monday morning, 12 December 2016, to consider Braas Monier’s submission that the preliminary injunction issued on 5 December 2016 should be withdrawn. A judgment will be rendered in due course after the hearing.
The Board continues to recommend that shareholders do not accept the Standard Industries offer and do not tender their shares.
The Board will write to shareholders again in due course.
Braas Monier: Achim Schreck
Director Group Communications / Investor Relations
Tel: +49 (0) 6171 612 859
Rothschild: John Deans
Tel: +44 (0) 20 7280 5000
Scott Harris: Alice Squires
Tel: +44 (0) 207 653 0030
CNC Communications: Harald Kinzler
Tel: +49 (0) 69 5060 37579