21 Dec 2011 07:00
21 December 2011
Global Brands S.A. ("Global Brands" or "the Company")
Posting of Circular
Global Brands S.A., an international business developing branded food operations in Europe, including being the master franchise owner for Domino's Pizza in Switzerland, Luxembourg and Liechtenstein, announces that the circular (the "Circular") relating to the demerger of the current business (the "Pizza Business") and retaining the listed business as an Investing Company, has been posted to shareholders yesterday.
Chairman Simon Bentley commented:
"We believe this course of action will maximise value for the benefit of shareholders. This restructuring, which would maintain a listing and allow the Company to remain as an investing vehicle, whilst demerging our core pizza business operations into a private Swiss company, will provide shareholders with an opportunity to maintain shares in a listed business as well as creating a potential upside from an investing company."
The Circular is also available to view on the Company's website (www.globalbrands.ch).
Unless otherwise defined herein, terms in this announcement shall have the same meanings as those defined in the Circular.
For further information:
Global Brands S.A.
Simon Bentley, Chairman Tel: (0) 20 7317 8022
Bruce Vandenberg, CEO www.globalbrands.ch
Libertas Capital
Thilo Hoffmann Tel: (0) 20 7569 9650
Sandy Jamieson www.libertascapitalpartners.com
Alexander David Securities Ltd
Bill Sharp Tel: (0) 20 7448 9820
Fiona Kinghorn Tel: (0) 20 7448 9832
www.ad-securities.com
FTI Consulting
Jonathon Brill Tel: (0)20 7831 3113
Caroline Stewart www.fticonsulting.com