Ceva gains exemptions
Ceva Logistics applied to SIX Exchange Regulation requesting exemption from certain disclosure and publicity obligations. The application was filed following the settlement of the public tender offer by CMA CGM for all publicly held registered shares of Ceva.
On 24 May 2019, SIX Exchange Regulation granted CEVA several time-limited exemptions with regard to certain obligations for maintaining its listing.
In view of a planned delisting, Ceva Logistics will be exempted until 30 September 2019 from the following duties: to publish the semi-annual financial statements 2019, to produce a corporate calendar and to keep it up-to-date, to inform the market of any price-sensitive facts which have arisen in its sphere of activity and to disclose management transactions. (mw)