Syngenta delists Devgen

Syngenta delists Devgen

11:26 AM, 28th February 2013
Syngenta delists Devgen

BASEL, SWITZERLAND: Syngenta announced that Devgen has been delisted from NYSE Euronext Brussels. Syngenta will hold 100 per cent of the Devgen shares upon the closing and settlement of the squeeze-out. The squeeze-out opened on 6 February 2013 and closed on 26 February 2013. Prior to the opening of the squeeze-out, 98.32 per cent of Devgen shares had already been tendered into Syngenta’s bid.

The results of the squeeze-out will be announced to the public on 5 March 2013 and payment of the shares and warrants tendered during the squeeze-out will take place on 8 March 2013. The prospectus relating to the tender offer and the Devgen Board memorandum of response recommending the offer were approved by the Belgian Financial Markets and Services Authority on 8 November 2012.

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