Semperit already secured a 57.1% stake in Malaysian Latexx Partners

09.10.2012 (Press information)

Vienna/Kuala Lumpur, October 9, 2012. Today Semperit AG Holding (“Semperit”) (Bloomberg ticker: SEM:AV, Reuters: SMPV.VI) acquired 12% of the shares of Malaysian Latexx Partners Berhad (“Latexx Partners”) (Bloomberg ticker: LTX:MK, Reuters: LATX.KL) in the open market. Including yesterday´s announced share sale agreement with Mr. Low Bok Tek (29.3% of the ordinary shares outstanding and 67.3% of all outstanding warrants) and certain shareholders having entered into put/call option agreements (9.1% of the ordinary shares outstanding and 18.4% of all outstanding warrants) Semperit secured a 57.1% stake in Latexx Partners on a diluted basis of 274.1 million shares (post potential exercise of all warrants).

The success of the takeover is still subject to the conditions of obtaining the approvals of antitrust authorities in Austria and Germany and the regulatory approvals of the Securities Commission Malaysia.

Based on the above Semperit is confident that it will be able to acquire the majority of Latexx Partners once the mentioned conditions are fulfilled.

PDF Semperit Press release Latexx


Please address any inquiries to:

Semperit AG Holding
www.semperitgroup.com/en/
Ms. Martina Büchele
Head of Group Communications
Tel.: +43 676 8715 8621
E-Mail: martina.buechele@semperitgroup.com
Mr. Stefan Marin
Investor Relations
Tel.: +43 676 8715 8210
E-Mail: stefan.marin@semperitgroup.com 

About Semperit
The publicly listed company Semperit AG Holding is an internationally oriented corporate group, which develops, produces and markets highly specialised products made of rubber and plastics (examination and surgical gloves, hydraulic and industrial hoses, conveyor belts, escalator handrails, building construction profiles, cable car rings and railway superstructure products) in the Medical and Industrial Business Sectors. The headquarters of this traditional Austrian company whose roots date back to 1824 are located in Vienna, whereas the global R&D centre is in Wimpassing, Lower Austria. Semperit employs a workforce of about 8,100 people worldwide, of whom more than 5,600 work in Asia and more than 700 work in Austria. The Group encompasses 21 production facilities as well as numerous sales offices in Europe, Asia and the Americas. In the 2011 fiscal year the Group generated revenue of EUR 820 million and an EBIT of EUR 83 million.

About Latexx Partners
Latexx Partners is the world’s sixth largest and one of the leading medical gloves producers in Malaysia. The company owns six manufacturing plants. Latexx Partners distributes its gloves to 80 countries, serving more than 300 customers. Latexx Partners employs more than 2,000 people. In the 2011 fiscal year the company generated revenue of MYR 441 million (EUR 104 million) and an EBIT of MYR 66 million (EUR 16 million).


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Monika Riedel
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T +43 1 79777-620