StockMarketWire.com - Compagnie de Saint-Gobain has noted decisions taken today at Sika's annual general meeting following the restriction of the voting rights of Schenker-Winkler Holding (SWH).

Saint-Gobain says this restriction was decided by Sika's management board in violation of SWH's rights.

Saint-Gobain says that in anticipation of these decisions, the group had extended the term of the contract signed with the Burkard family until June 2016. The resolution regarding the deletion of the opt-out clause, the validity of which has been confirmed twice by the Swiss Takeover Board in recent weeks, was not adopted. Saint-Gobain reiterates its determination to complete the transaction and has full confidence that the Swiss courts shall allow SWH to regain its rights according to the law




At 9:35am: [LON:COD] Compagnie De Stgobain share price was +0.19p at 41.85p



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