25.09.2016 18:19:33
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EQS-Ad hoc: Cham Paper Group Holding AG
EQS-Adhoc: Cham approves the development of the Papieri site
25.09.2016 / 18:19 Release of an ad hoc announcement pursuant to Art. 53 KR.
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Cham, September 25, 2016
Cham approves the development of the Papieri site
On occasion of the public voting on September 25, 2016, the Cham voters approved both proposals for the development of the Papieri site (partial change of building legislation and zoning plan with 63% yes-votes as well as development plan with 57% yes-votes).
With this, the general public has created the prerequisite to create a new, mixed residential and working district on the site of the former paper factory. For the development plan and rezoning to take legal effect, the approval of the Zug Cantonal council is still required.
For information, please contact Media and IR office Cham Paper Group Holding AG Edwin van der Geest E-Mail: media@cham-group.com or investor@cham-group.com Phone +41 43 268 32 32 / +41 79 330 55 22 Valor / ISIN / Ticker: registered shares Cham Paper Group Holding AG 193 185 / CH0001931853 / CPGN
Cham Paper Group The Cham Paper Group is a leading manufacturer of coated speciality papers. Surface finishing lends papers properties that generate value added for its customers. The company, which was founded in 1657, has three sites, one in Switzerland (Cham) and two in Italy (Carmignano and Condino), and a global sales network. The decision to focus on development and sales and discontinue paper manufacturing in Switzerland has made way for a new project on the factory site in the centre of Cham. The Cham Paper Group is developing an eleven- hectare quarter there called the Papieri site. The Cham Paper Group (stock exchange symbol: CPGN) is listed on Switzerland's SIX Swiss Exchange.
Disclaimer This communication may contain statements about the future that use words such as, for example, "believe", "assume", "expect" and other similar expressions. Such statements about the future are subject to risks, uncertainties, and other factors, which can cause the true results of the company to differ significantly from that which is expressly or implicitly assumed in these statements. In view of these uncertainties, the reader should not depend on this type of statement about the future. The company gives no undertaking whatever to update such statements regarding the future, or to adapt them to future events or developments. This press release is issued in English and German. The German version is binding.
Additional features:
Document: http://n.eqs.com/c/fncls.ssp?u=MMELGUVFAD Document title: Cham_Papieri site_25.9.2016
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End of ad hoc announcement
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Language: English Company: Cham Paper Group Holding AG Fabrikstrasse 6330 Cham Switzerland Phone: +41 41 785 33 33 Fax: +41 41 785 31 50 E-mail: mail.cham@cham-group.com Internet: www.cham-group.com ISIN: CH0001931853 Valor: - Listed: SIX Swiss Exchange End of News EQS Group News Service ---------------------------------------------------------------------------
505195 25.09.2016
EQS Group-Ad-hoc: Cham Paper Group Holding AG / Key word(s): Miscellaneous Cham approves the development of the Papieri site
25.09.2016 / 18:19 Release of an ad hoc announcement pursuant to Art. 53 KR.
---------------------------------------------------------------------------
Cham, September 25, 2016
Cham approves the development of the Papieri site
On occasion of the public voting on September 25, 2016, the Cham voters approved both proposals for the development of the Papieri site (partial change of building legislation and zoning plan with 63% yes-votes as well as development plan with 57% yes-votes).
With this, the general public has created the prerequisite to create a new, mixed residential and working district on the site of the former paper factory. For the development plan and rezoning to take legal effect, the approval of the Zug Cantonal council is still required.
For information, please contact Media and IR office Cham Paper Group Holding AG Edwin van der Geest E-Mail: media@cham-group.com or investor@cham-group.com Phone +41 43 268 32 32 / +41 79 330 55 22 Valor / ISIN / Ticker: registered shares Cham Paper Group Holding AG 193 185 / CH0001931853 / CPGN
Cham Paper Group The Cham Paper Group is a leading manufacturer of coated speciality papers. Surface finishing lends papers properties that generate value added for its customers. The company, which was founded in 1657, has three sites, one in Switzerland (Cham) and two in Italy (Carmignano and Condino), and a global sales network. The decision to focus on development and sales and discontinue paper manufacturing in Switzerland has made way for a new project on the factory site in the centre of Cham. The Cham Paper Group is developing an eleven- hectare quarter there called the Papieri site. The Cham Paper Group (stock exchange symbol: CPGN) is listed on Switzerland's SIX Swiss Exchange.
Disclaimer This communication may contain statements about the future that use words such as, for example, "believe", "assume", "expect" and other similar expressions. Such statements about the future are subject to risks, uncertainties, and other factors, which can cause the true results of the company to differ significantly from that which is expressly or implicitly assumed in these statements. In view of these uncertainties, the reader should not depend on this type of statement about the future. The company gives no undertaking whatever to update such statements regarding the future, or to adapt them to future events or developments. This press release is issued in English and German. The German version is binding.
Additional features:
Document: http://n.eqs.com/c/fncls.ssp?u=MMELGUVFAD Document title: Cham_Papieri site_25.9.2016
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End of ad hoc announcement
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Language: English Company: Cham Paper Group Holding AG Fabrikstrasse 6330 Cham Switzerland Phone: +41 41 785 33 33 Fax: +41 41 785 31 50 E-mail: mail.cham@cham-group.com Internet: www.cham-group.com ISIN: CH0001931853 Valor: - Listed: SIX Swiss Exchange End of News EQS Group News Service ---------------------------------------------------------------------------
505195 25.09.2016
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