Meyer Burger Technology AG announces the result of the rights offering: Through the expiry of the rights exercise period at 12:00 noon CET on November 9, 2022, 97.23 percent of the maximum number of offered shares (i.e. 908,799,241 out of 934,671,850) were subscribed via the exercise of rights.
As contemplated in prior announcements and in the prospectus relating to the rights offering, new shares with respect to which subscription rights have not been validly exercised during the rights exercise period will be offered for sale or otherwise placed in the market, with the aim of raising gross proceeds of up to CHF 250 million.
The first trading day of the new shares on the SIX Swiss Exchange is expected to be November 11, 2022. Delivery of the new shares against payment of the subscription price is expected to also be November 11, 2022.