Press Release: Komax Holding AG: Board of Directors proposes increase in registration and voting rights restriction from 5% to 15%

Komax Holding AG / Komax Holding AG: Board of Directors proposes increase in registration and voting rights restriction from 5% to 15% . Processed and transmitted by Nasdaq OMX Corporate Solutions. The issuer is solely responsible for the content of this announcement.

Following an analysis of Komax's current situation and numerous discussions with shareholders, the Board of Directors has decided to add a proposal to the agenda of the Annual General Meeting of 12 May 2016 to increase the registration and voting rights restriction from 5% to 15%.

The aim of the registration and voting rights restriction is to prevent a shareholder from acquiring a strong minority holding of less than 33 1/3%, and thereby gaining de facto control of the company without having to submit a public offer to the other shareholders and therefore compensate them for this assumption of control. The Board of Directors has always viewed the registration and voting rights restriction as an instrument designed to protect the great majority of shareholders, which is why it is a firm advocate of these instruments.

The Board of Directors has now reevaluated Komax's situation and the concerns of shareholders, and has arrived at the conclusion that the danger of a shareholder assuming "silent" control of the company only exists for minority shareholdings of between 15% and 33 1/3%. It has therefore resolved to submit a proposal to the Annual General Meeting of 12 May 2016 to increase the registration and voting rights restriction from 5% to 15%. This restriction will force anyone who wants to gain control of the company to submit a public offer to all shareholders. As a result shareholders would benefit from an offer that would in all likelihood be linked to "control premium".

The Board of Directors is convinced that increasing the 5% limit to 15% represents a solution that takes equal account of the interests of all shareholders. On the one hand, it enables shareholders to acquire holdings with voting rights in excess of 5%. On the other hand, however, it protects them against a silent takeover.

For further information, please contact: Marco Knuchel Phone +41 41 455 06 16 Head Investor Relations / Corporate marco.knuchel@komaxgroup.com Communications

The Komax Group is a global technology company that focuses on markets in the automation sector. As a leading manufacturer of innovative and high-quality solutions for the wire processing industry and systems for the assembly of self-medication instruments, Komax helps its customers implement economical and safe manufacturing processes, especially in the automotive supply and pharmaceutical sectors. The Komax Group employs around 1 550 people worldwide and provides sales and service support via subsidiaries and independent agents in around 60 countries.

The media release can be downloaded from the following link:

Media release (PDF): http://hugin.info/100418/R/1985266/728024.pdf

This announcement is distributed by NASDAQ OMX Corporate Solutions on behalf of NASDAQ OMX Corporate Solutions clients.

The issuer of this announcement warrants that they are solely responsible for the content, accuracy and originality of the information contained therein.

Source: Komax Holding AG via Globenewswire

HUG#1985266

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Komax Holding AG

Industriestrasse 6 Dierikon-LU Switzerland

WKN: 1070215 ;ISIN: CH0010702154;

http://www.komax.ch (END) Dow Jones Newswires

   February 10, 2016 12:00 ET (17:00 GMT)- - 12 00 PM EST 02-10-16