Tuesday, 24. November 2020
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Aryzta AG: concludes Elliott discussions, sets AGM date

Zurich / CH. (aag) On Saturday, 24 October 2020, Swiss-Irish Aryzta AG announces that discussions with Elliott Advisors (UK) Limited have now concluded without a binding offer. The board of Aryzta will proceed to select the optimum option to bring the company forward sustainably. Aryzta Chairman, Urs Jordi, commented: «As mentioned on 06 October, all strategic options will be fully explored in the best interest of the business and all stakeholders. This is an important step in the process to implement the necessary changes to deliver sustainable improvements in Aryzta, as mandated by the overwhelming shareholder endorsement at the EGM on 16 September. Our plans will be presented at the upcoming AGM.» The date of the 2020 AGM will be announced soon.

Addendum: (10.26. / aag) On Monday, 26 October 2020, Swiss-Irish Aryzta AG announces that its 2020 Annual General Meeting (AGM) will be held on 15 December 2020.