Morgan Stanley Investment Management Limited, 25 Cabot Square, Canary Wharf, London, has sold shares of sia Abrasives Holding AG, Mühlewiesenstrasse 20, 8501 Frauenfeld, falling below the 3% threshold. On 16 June 2008, the company held 21’000 registered shares, representing 2.8% of the voting rights.
For further information
sia Abrasives Holding AG, Frauenfeld
Gerhard Mahrle, CFO
Phone +41 52 724 45 75, Fax +41 52 724 45 70
ir@sia-abrasives.com, http://www.sia-abrasives.com/
About the sia Group
The sia Group based in Frauenfeld ranks among the world’s top three suppliers of flexible abrasives. It develops, manufactures and markets complete abrasive systems tailored to specific requirements and applications for surface preparation and finishing of all kinds. This commitment has made abrasive processes into true surface technologies. Employing some 1,150 people worldwide, sia Abrasives posted net sales of CHF 298 million and operating profit (EBIT) of CHF 30.3 million for 2007. sia Abrasives Holding AG is listed on the SWX Swiss Exchange and generates more than 90% of its sales outside Switzerland. |
