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Affichage Holding SA continues to hold a 100% stake in Romanian affiliates
The former minority shareholder in the Romanian affiliates has not exercised its call option thereupon.
In December 2011, Affichage Holding SA took over the entire 30% share then held by the minority shareholder in the Romanian affiliates and consequently became their sole shareholder. An option to purchase 100% of the shares in the Romanian affiliates, to be exercised between January 1 and March 31, 2012, was then granted to the seller.
The latter has not exercised his option within the allowed timeframe. As a result, Affichage Holding SA retains complete control over the Romanian affiliates and is now entirely free to determine which approach to adopt as regards these investments.
About the company
Affichage Holding SA is Switzerland’s leading "out of home" media company. Listed on the SIX Swiss Exchange in Zurich, Affichage covers all aspects of out of home advertising: on the street, at the airport, in shopping centres and train stations, in mountain regions and on public transport – from poster campaigns with the widest coverage and large poster spaces to state-of-the-art digital advertising media. When communicating with customers, the authorities and the advertising industry, Affichage represents sustainability, innovation, environmental responsibility and competency.
Contact
Daniel Hofer, CEO, Affichage Holding SA, Giesshübelstrasse 4, 8045 Zurich
Tel.: +41 58 220 71 57
E-mail: daniel.hofer@affichage.com
Affichage Holding SA Media Office, Giesshübelstrasse 4, 8045 Zurich
Tel.: +41 58 220 70 71
E-mail: media@affichage.com