DGAP-News: Braas Monier Building Group S.A. / Key word(s): Legal Matter
Luxembourg court hearing date in connection with Standard Industries' preliminary injunction
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2016, to consider Braas Monier's submission that the preliminary injunction issued on 5 December 2016 should be withdrawn.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
Rothschild: John Deans
Scott Harris: Alice Squires
CNC Communications: Harald Kinzler
|Company:||Braas Monier Building Group S.A.|
|4, rue Lou Hemmer|
|Grand Duchy of Luxembourg|
|Listed:||Regulated Market in Frankfurt (Prime Standard); Regulated Unofficial Market in Berlin, Dusseldorf, Munich, Stuttgart, Tradegate Exchange|
|End of News||DGAP News Service|