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ChemChina Announces the Definitive Interim Results for Its Offer to Acquire Syngenta
10-05-2017
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Noticias de hoy Suplementos agrarios Boletines de Entidades, Organismos y Empresas Cursos, Seminarios, Fiestas y Exposiciones
Información enviada por: Syngenta

BASEL, Switzerland--(BUSINESS WIRE)-- China National Chemical Corporation ("ChemChina") today announced the definitive interim results for the tender offers to purchase all publicly held registered shares ("Common Shares") of Syngenta AG ("Syngenta") and all outstanding American Depositary Shares representing Common Shares ("ADSs"). At the end of the Main Offer Period on May 4, 4:00 p.m. CEST, around 82.2 percent of Common Shares (including those represented by ADSs) have been validly tendered in, and not withdrawn from, the offers. The Minimum Acceptance Rate condition of 67 percent of issued Syngenta shares has been satisfied and the offers have been successful. An additional acceptance period will begin on May 11, 2017. Shareholders of Syngenta and holders of ADSs who have not tendered their Common Shares or ADSs into the offers during the main offer period may accept the offers during the additional acceptance period, in which case they will receive the offer price in the second settlement. Such shareholders and holders of ADSs are advised that the additional acceptance period will end on May 24, 2017, 4:00 p.m. CEST / 10:00 a.m. New York City Time. Shareholders of Syngenta and holders of ADSs should be aware that their custodian bank may set a deadline for tendering their Common Shares and ADSs that ends prior to May 24, 2017, 4:00 p.m. CEST / 10:00 a.m. New York City Time. ChemChina, the offeror and Syngenta have no control over such deadlines that are set by custodian banks for their clients. Shareholders and holders of ADSs are advised to consult with their custodian bank in case of any doubt or if they have not received specific instructions in this regard. The prospective timetable for the closing of the offers is as follows: Thursday, May 11, 2017 Start of the Additional Acceptance Period Tuesday, May 16, 2017 Payment of Special Dividend Thursday, May 18, 2017 First Settlement Wednesday, May 24, 2017 End of the Additional Acceptance Period Friday, May 26, 2017 (at the latest) Provisional notice of the end result of the Offer Wednesday, May 31, 2017 Definitive notice of the end result of the Offer Wednesday, June 7, 2017 Second Settlement Further, as soon as permitted by law and applicable regulation, it is intended to de-list the shares from the SIX and to de-list the ADSs from the NYSE. About Syngenta Syngenta is a leading agriculture company helping to improve global food security by enabling millions of farmers to make better use of available resources. Through world class science and innovative crop solutions, our 28,000 people in over 90 countries are working to transform how crops are grown. We are committed to rescuing land from degradation, enhancing biodiversity and revitalizing rural communities. To learn more visit www.syngenta.com and www.goodgrowthplan.com. Follow us on Twitter® at www.twitter.com/Syngenta.

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