EQS-Adhoc: Semperit AG Holding acquires RICO Group; additional dividend proposal specified at EUR 3,00 per share

EQS-Ad-hoc: Semperit AG Holding / Key word(s): Takeover/Dividend
Semperit AG Holding acquires RICO Group; additional dividend proposal
specified at EUR 3,00 per share

17-Apr-2023 / 14:41 CET/CEST
Disclosure of an inside information acc. to Article 17 MAR of the Regulation
(EU) No 596/2014, transmitted by EQS News – a service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.

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Ad-hoc Information

 

Semperit acquires RICO Group; additional dividend proposal specified at EUR
3.00 per share

Vienna, Austria, 17 April 2023 – Semperit AG Holding has reached an agreement
with the owners of Upper Austrian RICO Group GmbH on the acquisition of the
Group (“RICO Group”), whose portfolio ranges from the production of injection
moulds to consulting in component development and series production of
customised components. RICO Group focuses on the processing of elastomers, in
particular liquid silicone and solid silicone; the components are produced in
single-, two- or multi-component injection moulding. The contract was signed
in Wels today.

The purchase price (cash and debt free) is based on the assumption of a
recurring EBITDA of around EUR 16.5 million for the existing business as well
as on a multiple of 12 and is subject to a customary price adjustment
mechanism upon execution of the transaction. In addition, the investment
payments for the plant expansion currently under construction in Thalheim,
Upper Austria, will be compensated through the purchase price. The financing
of the transaction is secured by the liquidity status of the Semperit Group
and by newly negotiated, available bank financing. The execution of the
transaction is, in particular, subject to regulatory approvals and is
expected for the third quarter of 2023.

In the context of the ad-hoc information reported on 1 March 2023, stating
that the Executive Board will propose to the Annual General Meeting the
distribution of a conditional additional dividend of EUR 2.00 to EUR 3.50 per
share in addition to a basic dividend of EUR 1.50 for the 2022 financial
year, and the dividend proposals published on 4 April 2023, the Executive
Board has now resolved the following: Taking into account the acquisition of
RICO Group, the Executive Board of Semperit AG Holding proposes to the Annual
General Meeting to distribute a conditional additional dividend of EUR 3.00
per share (in addition to the basic dividend of EUR 1.50 per share) for the
2022 financial year. A corresponding resolution proposal will be submitted at
the Annual General Meeting on 25 April 2023 in accordance with the statutory
provisions.

 

 

For questions, please contact:

 

 

Alexander Kleedorfer  Judit Helenyi
Director Group Brand Management  Director Investor Relations
(Interim),  
Corporate Spokesperson  +43 676 8715 8310
+43 676 8715 8464  [2]judit.helenyi@semperitgroup.com
[1]alexander.kleedorfer@semperitgroup.com

 

 

[3] www.semperitgroup.com

[4] www.linkedin.com/company/semperit-ag

 

End of Inside Information

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17-Apr-2023 CET/CEST News transmitted by EQS Group AG. www.eqs.com

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Language: English
Company: Semperit AG Holding
Am Belvedere 10
1100 Wien
Austria
Phone: +43 1 79 777-310
Fax: +43 1 79 777-602
E-mail: judit.helenyi@semperitgroup.com
Internet: www.semperitgroup.com
ISIN: AT0000785555
Listed: Vienna Stock Exchange (Official Market)
EQS News ID: 1609237

 
End of Announcement EQS News Service

1609237  17-Apr-2023 CET/CEST

References

Visible links
1. alexander.kleedorfer@semperitgroup.com
2. judit.helenyi@semperitgroup.com
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