AlzChem Group AG: Placement of shares of majority shareholders successfully completed
Trostberg, October 17, 2018 - AlzChem Group AG's (ISIN: DE000A0AHT46, ticker: SFP1) three majority shareholders, namely LIVIA Corporate Development SE, HDI Vier CE GmbH, and four two na GmbH, successfully sold in total 20,454,546 existing bearer shares with no par value in AlzChem Group AG, corresponding to approximately 20.1% of all outstanding bearer shares, in a private placement to institutional investors. The selling shareholders agreed to a 6 months lock-up period.
AlzChem Group AG is a vertically integrated manufacturer of various chemical products based on the NCN chain. These are products with typical nitrogen-carbon-nitrogen bonding that are used in a wide variety of different industries. The company has a leading position in select niche markets. The strategic focus of growth and the main focus of its extensive research and development are on the business segment Specialty Chemicals. The company has around 1,500 employees at four sites in Germany and three other sites abroad.