Sartorius Stedim Biotech: Share split to become effective May 10, 2016
Aubagne, May 4, 2016 – The split by 6 of the Sartorius Stedim Biotech shares (DIM FP | STDM.PA) and the respective adjustment of the par value per share will become effective May 10, 2016. The share split will be conducted automatically, without any additional costs or formalities for the shareholders and will have no impact on their rights. The operation was approved by the Annual General Shareholders' Meeting (AGM) on April 5, 2016, following a significant increase in the share price over the past two years and aims at increasing the tradability of Sartorius Stedim Biotech shares. After the split, the share capital of Sartorius Stedim Biotech S.A. will be divided into 92,180,190 shares.
This press release contains statements about the future development of the Sartorius Stedim Biotech Group. We cannot guarantee that the content of these statements will actually apply because these statements are based upon assumptions and estimates that harbor certain risks and uncertainties.