August 14, 2019 / 5:18 AM / 11 days ago

BRIEF-Cham Group To Leave Six Swiss Exchange

Aug 14 (Reuters) - CHAM GROUP AG:

* TO LEAVE SIX SWISS EXCHANGE, PLANS OTC TRADING AND SHARE BUYBACK PROGRAM AS AN ACCOMPANYING MEASURE

* CHANGE INTO THE OVER-THE-COUNTER TRADING SEGMENT WILL BE COMPLETED ON 19 DECEMBER 2019.

* LAUNCH OF TEMPORARY BUYBACK PROGRAM FOR UP TO 5% OF OUTSTANDING CHAM GROUP AG SHARES AT PRICE OF CHF 440PER SHARE

* OFFER PERIOD FOR REPURCHASE WILL START ON 16 AUGUST AND WILL LAST FOR FOUR WEEKS

* PLANS TO HOLD THE ACQUIRED SHARES UNTIL FURTHER NOTICE Source text for Eikon: Further company coverage: (Gdynia Newsroom)

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