P +41 58 787 25 41
Please find below all Forbo media releases listed by year.
Eglisau, April 11, 2006
Forbo Holding AG reports that This E. Schneider, CEO and Delegate of the Board of Directors of Forbo Holding AG, has informed the Swiss Exchange (SWX) and the company today that his stake in the share capital of Forbo Holding AG now exceeds the 5 % reporting limit, with 137,695 shares.
Over the last two years, This E. Schneider has acquired 90,300 shares in Forbo Holding AG on the stock exchange and from other shareholders.
In autumn 2005 he agreed with the company that a portion of his compensation for 2005, and his compensation for the next 5 years (2006 to 2010) would largely be paid in shares. These 47,395 shares are blocked, meaning that he will not be able to sell them until January 1, 2011 (see separate press release on the compensation model for Forbo's CEO).
Forbo is a leading manufacturer of flooring, adhesives and belting. The organization employs about 5,500 people and has an international network of production companies and sales organizations in a total of 31 countries. The headquarters of the company is in Eglisau / Switzerland. In 2005, the Group achieved sales of CHF 1,702 million. The parent company, Forbo Holding AG, is listed on the SWX Swiss Exchange (registration no. 354151, ISIN CH0003541510, Bloomberg FORN SW, Reuters FORN.S).
This E. Schneider
Delegate of the Board of Directors and CEO
Tel +41 58 787 25 49
Fax +41 58 787 20 49