SWISS STEEL HOLDING AG Lucerne, 12 November 2015 - SCHMOLZ + BICKENBACH AG, a global leader in special long steel, announced that the German Federal Cartel Office ('Deutsches Bundeskartellamt') has today inspected its German subsidiary Deutsche Edelstahlwerke GmbH (DEW). The inspection is related to possible anti- competitive practices in connection with the fixation of alloy surcharges at several companies of the special steel sector. DEW takes the allegations seriously and fully cooperates with the authorities in order to ensure a quick and complete clarification of the issue. Further information cannot be provided currently.
For further information please contact:
Dr Ulrich Steiner, Head of Investor Relations & Corporate Communications, phone +41 41 581 4120
Today, the SCHMOLZ + BICKENBACH Group is one of the world's leading providers of customised solutions in the special long steel products business. A global name in tool steel and stainless long steel, the Group is one of the two largest companies in Europe for alloy and high-alloy special and engineering steel. With around 9 000 employees at its own production and distribution companies in 35 countries across five continents, the Company supports and supplies customers wherever they operate. Besides a comprehensive Production and Sales & Services portfolio, customers benefit from the Company's technological expertise, consistent high quality worldwide and in-depth knowledge of local markets.
Information in this release may contain forward-looking statements, including presentations of developments, plans, intentions, assumptions, expectations, beliefs and potential impacts as well as descriptions of future events, income, results, situations or outlook. They are based on the Company's current expectations, beliefs and assumptions, which are subject to uncertainty and may differ materially from the current facts, situation, impact or developments.
This publication constitutes neither a prospectus within the meaning of article 652a and/or 1156 of the Swiss Code of Obligations nor a listing prospectus within the meaning of the listing rules of the SIX Swiss Exchange. This publication constitutes neither an offer to sell nor a solicitation to buy securities of SCHMOLZ + BICKENBACH. The securities have already been sold.
This document shall not constitute an offer to sell or the solicitation of an offer to buy, nor shall there be any sale of securities referred to herein in any jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration, exemption from registration or qualification under the securities laws of any such jurisdiction. The securities referred to herein have not been and will not be registered under the United States Securities Act of 1933, as amended (the 'Securities Act'), and may not be offered or sold in the United States or to U.S. persons (as such term is defined in Regulation S under the Securities Act) absent registration or an exemption from registration under the Securities Act. The issuer of the securities has not registered, and does not intend to register, any portion of the offering in the United States, and does not intend to conduct a public offering of securities in the United States.
SCHMOLZ + BICKENBACH AG, Landenbergstrasse 11, CH-6005 Luzern, Fon +41 (0)41 581 4000, www.schmolz-bickenbach.com
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