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SAPA Own 100% Of Remi Claeys Aluminium

Oct 15 2003

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Sapa AB now own substantially all of Remi Claeys Aluminium. The take over of Remi Claeys began earlier this year when they agreed to acquire the shares held by Aluclaeys Finance NV, the major shareholder.

Within the context of the squeeze-out procedure which closed on October 8, 2003, 40,202 shares, 12,900 options and 20,126 warrants in Remi Claeys Aluminium have been tendered. The price of these shares, options and warrants will be paid on 15 October 2003.

The shares of Remi Claeys Aluminium was delisted from Euronext Brussels on 8 October 2003.

For more information on aluminium, click here.

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