Constantia Flexibles acquires a majority of shares of Aluflexpack AG and announces a public tender offer for remaining shares

Ad hoc announcement pursuant to Article 53 of the Listing Rules of SIX Swiss Exchange

Reinach (Aargau), 16 February 2024

Aluflexpack AG (“Aluflexpack”) and Constantia Flexibles (“Constantia” or the “Company”), a global packaging manufacturer, today announced that Constantia has entered into an agreement to acquire approximately 57% of the shares of Aluflexpack from Montana Tech Components AG (“MTC”) and Xoris GmbH and, in parallel, will launch an all cash public tender offer for all publicly held registered shares of Aluflexpack for CHF 15.00 per share to CHF 18.75 per share (the “Offer”), subject to the outcome of the regulatory process as described in the pre-announcement of the Offer which has been published today.

Read more in our ad hoc release.