Platform Specialty Products Corporation Announces Common Stock Purchases by Founders
December 18 2014 - 9:06AM
Platform Specialty Products Corporation (NYSE:PAH) ("Platform")
today announces the recent purchase of an aggregate of 500,000
shares of Platform's common stock by its Chairman and one of its
founder entities. Today, Martin E. Franklin, the Chairman of
Platform, filed a Form 4 with the Securities and Exchange
Commission announcing the purchase of an aggregate of 250,000
shares of Platform's common stock in the open market. In addition,
on December 16 and 17, Berggruen Acquisition Holdings IV, Ltd.
("BAH"), one of Platform's founder entities, purchased an aggregate
of 250,000 shares of Platform's common stock in the open market.
Nicolas Berggruen, a director of Platform, is the president and one
of three directors of BAH.
About Platform
Platform is a global producer of high-technology specialty
chemicals and provider of technical services. The business involves
the manufacture of a broad range of specialty chemicals, created by
blending raw materials, and the incorporation of these chemicals
into multi-step technological processes. These specialty chemicals
and processes are sold into multiple industries including
agricultural, electronics, graphic arts, metal and plastic plating,
and offshore oil production and drilling. More on Platform is
available at www.platformspecialtyproducts.com.
CONTACT: Source/Investor Relations Contact:
Frank J. Monteiro
Chief Financial Officer
Platform Specialty Products Corporation
+1-203-575-5850
Media Contacts:
Liz Cohen
Weber Shandwick
+1-212-445-8044
Kelly Gawlik
Weber Shandwick
+1-212-445-8368
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