Tessenderlo Group implements a liquidity contract

Tessenderlo Chemie NV (NYSE Euronext:TESB) announced that it has entered into a liquidity contract  with Exane BNP Paribas.  The contract foresees the trade of Tessenderlo Chemie NV shares by Exane BNP Paribas, on behalf and for the account of Tessenderlo Chemie NV on NYSE Euronext Brussels...
New York, (informazione.it - comunicati stampa - scienza e tecnologia)

Tessenderlo Chemie NV (NYSE Euronext:TESB) announced that it has entered into a liquidity contract  with Exane BNP Paribas.  The contract foresees the trade of Tessenderlo Chemie NV shares by Exane BNP Paribas, on behalf and for the account of Tessenderlo Chemie NV on NYSE Euronext Brussels.  The trading of own shares requires shareholder approval, which was granted at the extraordinary general meeting of shareholders of June 5, 2012 (to consult a copy of the minutes, click here (Dutch and French only).

 

Tessenderlo Chemie NV has made the following resources available at the start of the contract:

 

•         3,000,000 EUR

•         0 (zero) Tessenderlo Chemie shares

 

Exane BNP Paribas will start trading Tessenderlo Chemie shares as from July 16, 2012.            

 

Tessenderlo Group is a worldwide specialty company, focused on food, agriculture, water management and on valorizing bio-residuals. The group employs about 7,500 people and is a leader in most of its markets, with a consolidated revenue of 2.1 billion EUR in 2011.  Tessenderlo Chemie NV is listed on NYSE Eurolist by Euronext Brussels and is part of Next 150 and BEL Mid indices. Financial News wires: Bloomberg: TESB BB - Reuters: TesBt.BR - Datastream: B:Tes

 

Media Relations                                            Investor Relations

Ingvild VAN LYSEBETTEN                               Philip LUDWIG

( +32 2 639 19 27                                         ( +32 2 639 16 58

 

This press release is available in Dutch, French and English on the corporate website www.tessenderlogroup.com  - under 'News & Media' 


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