Press Release: FINAL ALLOCATION OF SIKA AG CHF 1,650 MILLION CONVERTIBLE BONDS

Sika AG / FINAL ALLOCATION OF SIKA AG CHF 1,650 MILLION CONVERTIBLE

BONDS. Processed and transmitted by Nasdaq Corporate Solutions. The

issuer is solely responsible for the content of this announcement.

NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION IN WHOLE OR IN PART, IN,

INTO OR FROM THE UNITED STATES, CANADA, AUSTRALIA, JAPAN, ITALY OR ANY

OTHER JURISDICTION WHERE TO DO SO WOULD CONSTITUTE A VIOLATION OF THE

RELEVANT LAWS OF SUCH JURISDICTION.

Following Sika AG's (the "Issuer" or "Sika") successful offering (the

"Offering") and provisional allocations of CHF 1,650 million senior

convertible bonds (the "Bonds") due 2025 on May 15, 2018 and the

expiration of the advance subscription rights period on May 28, 2018,

the final allocations of the bonds have been made today and will be

communicated to the institutional investors on May 29, 2018.

As of May 28, 2018, 12:00 noon CET, 2,917,820 advance subscription

rights, corresponding to 15,772 Bonds (19.12% of the total issue size of

CHF 1,650 million), were exercised. Accordingly, the provisional

allocations to institutional investors who participated in the

bookbuilding on May 15, 2018 will be reduced on a pro rata basis

("clawback"). As a result, Bonds in the aggregate amount of

approximately CHF 1,335 million have been finally allocated to such

institutional investors and Bonds in the aggregate amount of

approximately CHF 315 million have been finally allocated to investors

who exercised their advance subscription rights.

The Settlement of the Offering (the "Settlement Date") is expected to

take place on June 5, 2018. The Bonds are expected to be admitted to

trading on the SIX Swiss Exchange as of June 1, 2018.

The Issuer has agreed to a 90-day lock-up period from the Settlement

Date.

As expected, the Bonds have been rated by Standard & Poor's in line with

the Issuer's corporate rating (A- (stable outlook)).

UBS acted as Sole Global Coordinator and Sole Bookrunner.

THIS PRESS RELEASE IS NOT BEING ISSUED IN THE UNITED STATES OF AMERICA

(THE "UNITED STATES" OR "U.S.") AND SHOULD NOT BE DISTRIBUTED TO UNITED

STATES PERSONS OR PUBLICATIONS WITH A GENERAL CIRCULATION IN THE UNITED

STATES. THIS DOCUMENT DOES NOT CONSTITUTE AN OFFER OR INVITATION TO

SUBSCRIBE FOR OR PURCHASE ANY SECURITIES NOR DOES IT CONSTITUTE A

PROSPECTUS WITHIN THE MEANING OF ARTICLES 652A OR 1156 OF THE SWISS CODE

OF OBLIGATIONS OR A LISTING PROSPECTUS PURSUANT TO THE LISTING RULES OF

THE SIX SWISS EXCHANGE. ANY DECISION TO PURCHASE ANY SECURITIES REFERRED

TO HEREIN SHOULD BE SOLELY BASED ON THE PROSPECTUS DATED 15 MAY 2018,

WHICH WAS PUBLISHED BY SIKA AG AND IS AVAILABLE FREE OF CHARGE AT UBS AG,

PROSPECTUS LIBRARY, P.O. BOX, CH-8098 ZURICH, SWITZERLAND (TELEPHONE:

+41 44 239 47 03, FAX: +41 44 239 69 14 OR E-MAIL:

SWISS-PROSPECTUS@UBS.COM). IN ADDITION, NEITHER THE BONDS NOR THE SHARES

OF SIKA AG INTO WHICH THE BONDS ARE CONVERTIBLE HAVE BEEN OR WILL BE

REGISTERED UNDER THE UNITED STATES SECURITIES LAWS AND MAY NOT BE

OFFERED, SOLD OR DELIVERED WITHIN THE UNITED STATES OR TO U.S. PERSONS

ABSENT FROM REGISTRATION UNDER OR AN APPLICABLE EXEMPTION FROM THE

REGISTRATION REQUIREMENTS OF THE UNITED STATES SECURITIES LAWS.

THE INFORMATION CONTAINED IN THIS PRESS RELEASE IS NOT FOR PUBLICATION

OR DISTRIBUTION IN CANADA, AUSTRALIA, JAPAN, ITALY OR IN ANY OTHER

JURISDICTION WHERE TO DO SO WOULD CONSTITUTE A VIOLATION OF THE RELEVANT

LAWS OF SUCH JURISDICTION AND DOES NOT CONSTITUTE AN OFFER OF SECURITIES

FOR SALE IN CANADA, AUSTRALIA, JAPAN, ITALY OR IN ANY OTHER JURISDICTION

WHERE TO DO SO WOULD CONSTITUTE A VIOLATION OF THE RELEVANT LAWS OF SUCH

JURISDICTION.

IN THE UNITED KINGDOM, THIS PRESS RELEASE IS BEING DISTRIBUTED ONLY TO,

AND IS DIRECTED ONLY AT, QUALIFIED INVESTORS (I) WHO HAVE PROFESSIONAL

EXPERIENCE IN MATTERS RELATING TO INVESTMENTS FALLING WITHIN ARTICLE

19(5) OF THE FINANCIAL SERVICES AND MARKETS ACT 2000 (FINANCIAL

PROMOTION) ORDER 2005 (THE "ORDER") AND (II) WHO FALL WITHIN ARTICLE

49(2)(A) TO (D) OF THE ORDER AND (III) TO WHOM IT WOULD OTHERWISE BE

LAWFUL TO DISTRIBUTE IT (ALL SUCH PERSONS TOGETHER BEING REFERRED TO AS

"RELEVANT PERSONS").

IN ADDITION, IF AND TO THE EXTENT THAT THIS PRESS RELEASE IS

COMMUNICATED IN, OR THE OFFER OF SECURITIES TO WHICH IT RELATES IS MADE

IN, ANY MEMBER STATE OF THE EUROPEAN ECONOMIC AREA ("EEA")THAT HAS

IMPLEMENTED DIRECTIVE 2003/71/EC, AS AMENDED (TOGETHER WITH DIRECTIVE

2010/73/EU, TO THE EXTENT IMPLEMENTED IN ANY EEA MEMBER STATE AND

INCLUDES ANY APPLICABLE IMPLEMENTING MEASURES IN ANY EEA MEMBER STATE,

THE "PROSPECTUS DIRECTIVE") ("EACH, A "RELEVANT MEMBER STATE"), THIS

PRESS RELEASE AND THE OFFERING OF ANY SECURITIES DESCRIBED HEREIN ARE

ONLY ADDRESSED TO AND DIRECTED AT PERSONS IN THAT MEMBER STATE WHO ARE

QUALIFIED INVESTORS WITHIN THE MEANING OF THE PROSPECTUS DIRECTIVE (OR

WHO ARE OTHER PERSONS TO WHOM THE OFFER MAY LAWFULLY BE ADDRESSED) AND

MUST NOT BE ACTED ON OR RELIED ON BY OTHER PERSONS IN THAT MEMBER STATE.

IF LOCATED IN A RELEVANT MEMBER STATE, EACH PERSON WHO INITIALLY

ACQUIRES ANY SECURITIES, AND TO THE EXTENT APPLICABLE ANY FUNDS ON

BEHALF OF WHICH SUCH PERSON ACQUIRES SUCH SECURITIES THAT ARE LOCATED IN

A RELEVANT MEMBER STATE, OR TO WHOM ANY OFFER OF SECURITIES MAY BE MADE

WILL BE DEEMED TO HAVE REPRESENTED, ACKNOWLEDGED AND AGREED THAT IT IS A

QUALIFIED INVESTOR AS DEFINED ABOVE.

THE BONDS ARE NOT INTENDED TO BE OFFERED, SOLD OR OTHERWISE MADE

AVAILABLE TO AND SHOULD NOT BE OFFERED, SOLD OR OTHERWISE MADE AVAILABLE

TO ANY RETAIL INVESTOR IN THE EEA. FOR THESE PURPOSES, A "RETAIL

INVESTOR" MEANS A PERSON WHO IS ONE (OR MORE) OF: (I) A RETAIL CLIENT AS

DEFINED IN POINT (11) OF ARTICLE 4(1) OF DIRECTIVE 2014/65/EU ("MIFID

II"); (II) A CUSTOMER WITHIN THE MEANING OF DIRECTIVE 2002/92/EC ("IMD"),

WHERE THAT CUSTOMER WOULD NOT QUALIFY AS A PROFESSIONAL CLIENT AS

DEFINED IN POINT (10) OF ARTICLE 4(1) OF MIFID II; OR (III) NOT A

QUALIFIED INVESTOR. CONSEQUENTLY NO KEY INFORMATION DOCUMENT REQUIRED BY

REGULATION (EU) NO 1286/2014 (AS AMENDED, THE "PRIIPS REGULATION") FOR

OFFERING OR SELLING THE BONDS OR OTHERWISE MAKING THEM AVAILABLE TO

RETAIL INVESTORS IN THE EEA HAS BEEN PREPARED AND THEREFORE OFFERING OR

SELLING THE BONDS OR OTHERWISE MAKING THEM AVAILABLE TO ANY RETAIL

INVESTOR IN THE EEA IS UNLAWFUL UNDER THE PRIIPS REGULATION.

THIS PRESS RELEASE MUST NOT BE ACTED ON OR RELIED ON (I) IN THE UNITED

KINGDOM, BY PERSONS WHO ARE NOT RELEVANT PERSONS, AND (II) IN ANY MEMBER

STATE OF THE EEA OTHER THAN THE UNITED KINGDOM, BY PERSONS WHO ARE NOT

QUALIFIED INVESTORS.

IN THE CASE OF ANY SECURITIES BEING OFFERED TO YOU AS A FINANCIAL

INTERMEDIARY AS THAT TERM IS USED IN ARTICLE 3(2) OF THE PROSPECTUS

DIRECTIVE, YOU WILL ALSO BE DEEMED TO HAVE REPRESENTED AND AGREED THAT

THE SECURITIES ACQUIRED BY YOU IN THE OFFERING HAVE NOT BEEN ACQUIRED ON

BEHALF OF PERSONS IN THE EEA OTHER THAN QUALIFIED INVESTORS OR PERSONS

IN THE UNITED KINGDOM AND OTHER MEMBER STATES (WHERE EQUIVALENT

LEGISLATION EXISTS) FOR WHOM YOU HAVE AUTHORITY TO MAKE DECISIONS ON A

WHOLLY DISCRETIONARY BASIS, NOR HAVE THE SECURITIES BEEN ACQUIRED WITH A

VIEW TO THEIR OFFER OR RESALE IN THE EEA WHERE THIS WOULD RESULT IN A

REQUIREMENT FOR PUBLICATION BY THE ISSUER, THE SOLE BOOKRUNNER OR ANY

OTHER PERSON OF A PROSPECTUS PURSUANT TO ARTICLE 3 OF THE PROSPECTUS

DIRECTIVE, OR IN WHICH THE PRIOR CONSENT OF THE SOLE BOOKRUNNER HAS BEEN

OBTAINED TO SUCH OFFER OR RESALE.

THIS PUBLICATION MAY CONTAIN SPECIFIC FORWARD-LOOKING STATEMENTS, E.G.

STATEMENTS INCLUDING TERMS LIKE "BELIEVE", ASSUME", "EXPECT", "FORECAST",

"PROJECT", "MAY", "COULD", "MIGHT", "WILL" OR SIMILAR EXPRESSIONS. SUCH

FORWARD-LOOKING STATEMENTS ARE SUBJECT TO KNOWN AND UNKNOWN RISKS,

UNCERTAINTIES AND OTHER FACTORS WHICH MAY RESULT IN A SUBSTANTIAL

DIVERGENCE BETWEEN THE ACTUAL RESULTS, FINANCIAL SITUATION, DEVELOPMENT

OR PERFORMANCE OF THE COMPANY AND THOSE EXPLICITLY OR IMPLICITLY

PRESUMED IN THESE STATEMENTS. AGAINST THE BACKGROUND OF THESE

UNCERTAINTIES, READERS SHOULD NOT RELY ON FORWARD-LOOKING STATEMENTS.

SIKA AG ASSUMES NO RESPONSIBILITY TO UPDATE FORWARD-LOOKING STATEMENTS

OR TO ADAPT THEM TO FUTURE EVENTS OR DEVELOPMENTS.

CONTACT

Dominik Slappnig

Corporate Communications and Investor Relations

+41 58 436 68 21

slappnig.dominik@ch.sika.com

SIKA CORPORATE PROFILE

Sika is a specialty chemicals company with a leading position in the

development and production of systems and products for bonding, sealing,

damping, reinforcing and protecting in the building sector and motor

vehicle industry. Sika has subsidiaries in 101 countries around the

world and manufactures in over 200 factories. Its more than 18,000

employees generated annual sales of CHF 6.25 billion in 2017.

The media release can be downloaded from the following link:

Media Release: http://hugin.info/100359/R/2195706/850750.pdf

This announcement is distributed by Nasdaq Corporate Solutions on behalf

of Nasdaq Corporate Solutions clients.

The issuer of this announcement warrants that they are solely

responsible for the content, accuracy and originality of the information

contained therein.

Source: Sika AG via Globenewswire

--- End of Message ---

Sika AG

Zugerstrasse 50 Baar Switzerland

WKN: 858573;ISIN: CH0000587979;

http://www.sika.com

(END) Dow Jones Newswires

May 28, 2018 12:03 ET (16:03 GMT)