CEVA Logistics AG: CMA CGM will control 97.89% of CEVA upon closing of the Public Tender Offer Montag, 08. April 2019 - 07:00

CEVA Logistics AG / Key word(s): Miscellaneous
CEVA Logistics AG: CMA CGM will control 97.89% of CEVA upon closing of the
Public Tender Offer

08-Apr-2019 / 07:00 CET/CEST
Release of an ad hoc announcement pursuant to Art. 53 KR
The issuer is solely responsible for the content of this announcement.

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Baar, Switzerland 8 April, 2019 - On January 28, 2019, CMA CGM S.A. ("CMA
CGM"), published a public tender offer (the "Offer") for all publicly held
registered shares of CEVA Logistics AG ("CEVA"), at a price of CHF 30 net
per share. Following the end of the additional acceptance period CMA CGM has
reported that 26,127,510 shares have been tendered into the Offer,
indicating that CMA CGM will own an aggregate of 97.89% of CEVA's shares
upon closing of the Offer. Settlement of the tendered shares is expected to
occur on 16 April 2019.


For additional information please contact:

Investors:
Pierre Benaich
SVP Investor Relations
pierre.benaich@cevalogistics.com
+41 41 547 0048

Media:
Matthias Hochuli
Group Head of Marketing and Communications
matthias.hochuli@cevalogistics.com
+41 41 547 0052

Cathy Howe
Pilot Marketing
ch@pilotmarketing.co.uk
Tel: +44 (0)208 941 5381



CEVA - Making business flow
CEVA Logistics, a global asset-light third-party logistics company, designs
and operates industry leading supply-chain solutions for large and
medium-size national and multinational companies. Its integrated network in
Freight Management and Contract Logistics spans more than 160 countries.
Approximately 58,000 employees are dedicated to delivering effective
solutions across a variety of industry sectors where CEVA applies its
operational expertise to provide best-in-class services. CEVA generated
revenue of US$ 7.4 billion and Adjusted EBITDA of US$ 260 million in 2018.
CEVA Logistics is listed on SIX Swiss Exchange under ticker symbol CEVA. For
more information, please visit www.cevalogistics.com.


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End of ad hoc announcement

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