Swissport To Defer IPO And Listing On SIX Swiss Exchange
Swissport Group ("Swissport"), the global leader in ground services and cargo handling, will defer the planned Initial Public Offering ("IPO") and listing of its shares on the SIX Swiss Exchange due to current market conditions. The company, a subsidiary of Chinese HNA Group Co. Ltd., had announced on January 25, 2018 its intention to seek an IPO.
This announcement contains inside information as defined in the Market Abuse Regulation (EU) 596/2014 ("Market Abuse Regulation") and is disclosed in accordance with Swissport's obligations under the Market Abuse Regulation.