November 28, 2017
gategroup evaluates public listing of its shares at SIX Swiss Exchange
ZURICH, November 28, 2017
As disclosed by its Chairman, Adam Tan, gategroup and its shareholder, HNA Aviation Air Catering (Hong Kong) Limited, are considering a potential public offering and listing of gategroup’s shares. SIX Swiss Exchange in Zurich is currently being evaluated as a potential listing location. The structure and timing of any offering or listing are yet to be determined.
gategroup is a leading global provider of products, services and solutions relating to a passenger’s onboard experience. It specializes in catering and hospitality; provisioning and logistics; and onboard products and services to companies that serve people on the move. In 2016, gategroup achieved a total revenue of CHF3.4 billion and EBITDA of CHF 200 million. The company currently employs 43,000 people worldwide. For further information: www.gategroup.com
This announcement is not an offer to sell or a solicitation of any offer to buy any securities issued by gategroup Holding AG (the "Company") in any jurisdiction where such offer or sale would be unlawful.
This announcement is not an offer to sell or a solicitation of offers to purchase or subscribe for securities. This announcement is not a prospectus within the meaning of Article 652a of the Swiss Code of Obligations, nor is it a listing prospectus as defined in the listing rules of the SIX Swiss Exchange AG or a prospectus under any other applicable laws. A decision to invest in securities of the Company should be based exclusively on the issue and listing prospectus to be published by the Company for such purpose.
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