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Pressemitteilung BoxID: 184865 (BASF Coatings GmbH)
  • BASF Coatings GmbH
  • Glasuritstraße 1
  • 48165 Münster
  • http://www.basf-coatings.de
  • Ansprechpartner
  • +49 (621) 6020 916

BASF SE: 2-for-1 stock split

Reorganization of securities deposit accounts and stock listing on June 27, 2008

(PresseBox) (Münster, ) The BASF SE Annual Meeting on April 24, 2008 resolved a two-for-one stock split. Shareholders will receive an additional BASF share for each existing share at no added cost. The reorganization of the securities deposit accounts and the stock exchange listing will take place on June 27, 2008.

The aim of the stock split is to make BASF shares available to an even broader spectrum of investors.

Shares held in the form of American Depositary Receipts in the United States will be adjusted accordingly.

In the course of the stock split, circulating share certificates which have become obsolete because they still bear the name of "BASF Aktiengesellschaft" will be canceled and exchanged for shares exclusively held within the collective securities deposit system. Individual and collective certificates can be surrendered to an exchange agent or any other credit institution in the period from June 27 to September 30, 2008 in exchange for credit entries in collective securities deposit accounts. The exchange agents in Germany are all branches of Deutsche Bank AG.

BASF Coatings GmbH

BASF is the world's leading chemical company: The Chemical Company. Its portfolio ranges from oil and gas to chemicals, plastics, performance products, agricultural products and fine chemicals. As a reliable partner BASF helps its customers in virtually all industries to be more successful. With its high-value products and intelligent solutions, BASF plays an important role in finding answers to global challenges such as climate protection, energy efficiency, nutrition and mobility. BASF has more than 95,000 employees and posted sales of almost €58 billion in 2007. BASF shares are traded on the stock exchanges in Frankfurt (BAS), London (BFA) and Zurich (AN). Further information on BASF is available on the Internet at www.basf.com.