EQS-Adhoc : Bauwerk Boen AG: Name change and relocation

 
 EQS Group-Ad-hoc: Bauwerk Boen AG / Key word(s): AGMEGM 
Bauwerk Boen AG: Name change and relocation 
 
03-Dec-2020 / 17:30 CET/CEST 
Release of an ad hoc announcement pursuant to Art. 53 KR 
The issuer is solely responsible for the content of this announcement. 
 
*Press Release* 
 
_BAUWERK GROUP: Name change and relocation_ 
 
*At the Extraordinary General Meeting of Bauwerk Boen AG on December 3, 
2020, the shareholders approved the name change and the relocation as 
proposed by the Board of Directors. * 
 
St. Margrethen, 3 December 2020 - The Extraordinary General Meeting of 
Bauwerk Boen AG approved the name change from Bauwerk Boen AG to Bauwerk 
Group AG. The relocation of the headquarters from Wallisellen/ZH to St. 
Margrethen/SG was also approved. 
 
The Bauwerk Group sells its products under the well-known brands Bauwerk 
Parkett and Boen. The market development is designed for the respective 
sales channel and the geographic markets. The proven market presence of the 
two brands Bauwerk and Boen will be continued. 
 
*Contact* 
Peter Schmitter, CFO Bauwerk Group 
Email: [e-mail], Telefon [phone] 
 
*About Bauwerk Group* 
Bauwerk Group is Europe's leading developer, manufacturer and supplier of 
parquet flooring in the premium segment as well as the second-largest market 
participant in wood flooring. With sold volumes of over 8.7 million square 
meters annually, the Group offers a complementary portfolio of two- and 
three-layer parquets as well as wooden sports flooring under the two brands 
Bauwerk and Boen. The key markets Switzerland, Norway and Germany as well as 
Austria, the UK, France, China and the US are being served by local 
subsidiaries. Administrative headquarters of the Group are located in St. 
Margrethen, Switzerland. The production locations are currently concentrated 
in St. Margrethen and Kietaviskes, Lithuania and ðurdevac/Croatia. During 
the financial year 2019, the Bauwerk Group generated a net turnover of CHF 
281 million and employed around 1'600 people. 
 
*Legal information* 
 
The economic projections and predictions contained in this information 
relate to future facts. Such projections and predictions are subject to 
risks, uncertainties and changes which cannot be foreseen and which are 
beyond the control of Bauwerk Group. Bauwerk Group is therefore not in a 
position to make any representations as to the accuracy of economic 
projections and predictions or their impact on the financial situation of 
Bauwerk Group or the market in the securities of Bauwerk Group. 
 
THIS INFORMATION DOES NOT CONSTITUTE AN ADVICE ON INVESTMENT NOR A 
RECOMMENDATION OR INVITATION FOR PURCHASING, HOLDING OR SELLING ANY 
SECURITIES AND IT DOES NOT CONSTITUTE AN OFFER OR INVITATION TO SUBSCRIBE 
FOR OR PURCHASE ANY SECURITIES. IT IS NOT INTENDED FOR PERSONS SUBJECT TO 
LEGISLATION THAT PROHIBITS ITS DISTRIBUTION OR MAKES ITS DISTRIBUTION 
CONTINGENT UPON AN APPROVAL AND IT IS NOT BEING ISSUED IN COUNTRIES WHERE 
THE PUBLIC DISSEMINATION OF THE INFORMATION CONTAINED HEREIN MAY BE 
RESTRICTED OR PROHIBITED BY LAW. IN PARTICULAR, THIS INFORMATION IS NOT 
BEING ISSUED IN THE UNITED STATES OF AMERICA AND SHOULD NOT BE DISTRIBUTED 
TO U.S. PERSONS OR PUBLICATIONS WITH A GENERAL CIRCULATION IN THE UNITED 
STATES. ANY NON-COMPLIANCE WITH SUCH RESTRICTIONS MAY RESULT IN AN 
INFRINGEMENT OF U.S. SECURITIES LAWS. SECURITIES OF BAUWERK PARKETT AG AND 
OF BAUWERK BOEN AG ("COMPANIES") ARE NOT BEING PUBLICLY OFFERED OUTSIDE OF 
SWITZERLAND. IN PARTICULAR, THE SECURITIES OF THE COMPANIES HAVE NOT BEEN 
AND WILL NOT BE REGISTERED UNDER THE U.S. SECURITIES LAWS AND MAY NOT BE 
OFFERED, SOLD OR DELIVERED WITHIN THE UNITED STATES OR TO OR FOR THE ACCOUNT 
OF U.S. PERSONS EXCEPT IN AN "OFFSHORE TRANSACTION" IN ACCORDANCE WITH 
REGULATION S UNDER THE SECURITIES ACT. THIS DOCUMENT DOES NOT CONSTITUTE A 
PROSPECTUS ACCORDING TO ART. 652A OR ART. 1156 OF THE SWISS CODE OF 
OBLIGATIONS OR ART. 27 ET SEQ. OF THE SIX SWISS EXCHANGE LISTING RULES. 
 
This document is only directed at (i) persons who are outside the United 
Kingdom or (ii) to investment professionals falling within Article 19(5) of 
the Financial Services and Markets Act 2000 (Financial Promotion) Order 2005 
(the "Order") or (iii) high net worth entities, and other persons to whom it 
may lawfully be communicated, falling within Article 49(2)(a) to (d) of the 
Order (all such persons together being referred to as "Relevant Persons"). 
The securities are only available to, and any invitation, offer or agreement 
to subscribe, purchase or otherwise acquire such securities will be engaged 
in only with, Relevant Persons. Any person who is not a Relevant Person 
should not act or rely on this information or any of its contents. 
 
Additional features: 
 
File: BAUWERK GROUP: Name change and relocation 
End of ad hoc announcement 
Language:    English 
Company:     Bauwerk Boen AG 
             Neudorfstrasse 49 
             9430 St. Margrethen 
             Switzerland 
Phone:       [phone] 
Fax:         [phone] 
E-mail:      [e-mail] 
Internet:    www.bauwerk-group.com 
ISIN:        CH0410370016 
Listed:      SIX Swiss Exchange 
EQS News ID: 1152015 
 
End of Announcement EQS Group News Service 
 
1152015 03-Dec-2020 CET/CEST 
 
 

(END) Dow Jones Newswires

December 03, 2020 11:30 ET (16:30 GMT)