Haikui Seafood AG: Delisting from the Frankfurt Stock Exchange effective
Frankfurt am Main, February 19, 2016 – As of close of trading yesterday, February 18, 2016, the delisting of Haikui Seafood AG at the Frankfurt Stock Exchange became effective. Consequently, the shares of Haikui Seafood AG (ISIN DE000A1JH3F9 / WKN A1JH3F) are no longer traded in the regulated market (Prime Standard) of the Frankfurt Stock Exchange.
By implementing a voluntary share buyback tender offer in August and September 2015, Haikui Seafood AG was able to acquire 921,346 of the 1,027,600 non-par value bearer shares, representing 8.97 per cent of the total share capital. The Company intends to cancel the shares bought back under the offer by way of a reduction of the share capital in accordance with the statutory provisions.
The remaining shareholders of Haikui Seafood AG are still entitled to participate in the Annual General Meeting of the company and to exercise their voting rights. The date of the Annual General Meeting as well as the publication of the financial statements 2015 will be announced on the company’s website.
About Haikui Seafood AG
Haikui Seafood processes fish and seafood for the Chinese and international markets. Its products range includes frozen or canned fish and seafood, produced from a large variety of species of raw fish and seafood, including prawn, crab, various fish species and shellfish as well as cephalopods. Clients of Haikui Seafood are distributors in China and overseas, located mainly in Asia, the U.S. and Europe. Haikui Seafood employs 636 permanent employees and 726 additional temporary workers as of September 30, 2015. The company has an annual processing capacity of more than 34,000 tonnes (output). The processing facilities are located in the South-East of China on Dongshan Island, Zhangzhou, Fujian Province. Haikui Seafood operates a streamlined supply chain including self-owned processing facilities, in-house research and product development capacities as well as warehousing and cold storage facilities while simultaneously cooperating closely with raw goods suppliers.