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Argenteuil, France / Vienna, Austria

Company Information

Vienna – Semperit AG Holding announces that the management of the French subsidiary Sempertrans France Belting Technology (“SFBT”) has signed an agreement on 13th October 2017 with the representative bodies of the affected French employees regarding the social measures linked to the closing project of the plant in Argenteuil. The agreement will be submitted to the French labor authorities for approval, which is expected within the next 2 weeks.

With the mandatory special consultation and negotiation procedure being almost completed, the project is now going to enter the implementation phase. This will allow SFBT to start deploying all the accompanying measures for the employees as provided for by French law.

Semperit Group still expects one-off expenses and exceptional charges of more than EUR 10 million in total from today’s perspective (as announced on 30th June 2017).

end of announcement euro adhoc

issuer: Semperit AG Holding
Modecenterstrasse 22
A-1030 Wien
phone: +43 1 79 777-210
FAX: +43 1 79 777-602
mail: stefan.marin@semperitgroup.com
WWW: www.semperitgroup.com
ISIN: AT0000785555
indexes: WBI, ATX GP, ATX PRIME
stockmarkets: Wien
language: English

Digital press kit: http://www.ots.at/pressemappe/2918/aom

Rückfragen & Kontakt:

Monika Riedel
Group Head of Communications & Sustainability
+43 676 8715 8620
monika.riedel@semperitgroup.com

Stefan Marin
Head of Investor Relations
Tel.: +43 676 8715 8210
stefan.marin@semperitgroup.com

www.semperitgroup.com

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