SCHMOLZ + BICKENBACH AG (the "Company") today announces the successful conclusion of its share offering in the context of the announced capital increase. As per the instructions resolved by the extraordinary shareholders' meeting on December 2, 2019 and following the completion of the international offering today at 12:00 noon (CET), the offer price was set at CHF 0.30 per Offered Share. At this offer price, 111,767,019 Offered Shares were subscribed for by existing shareholders in the rights offering and 744,770,277 Offered Shares were allocated to BigPoint Holding AG ("BigPoint"), 226,696,037 Offered Shares to Liwet Holding AG ("Liwet") and 100,000 Offered Shares to another investor in the international offering. This corresponds to a total of 1,083,333,333 Offered Shares sold and to be issued in the capital increase, with gross proceeds of CHF 325 million. Upon completion of the capital increase, the total number of shares issued by the Company will amount to 2,028,333,333 shares.
The capital increase is expected to be registered with the Commercial Register of the Canton of Lucerne on or around January 8, 2020. Prior to the issuance of the Offered Shares, the nominal value of the existing shares will be reduced to the offer price of CHF 0.30. Upon completion of the capital increase, Martin Haefner and BigPoint, which is ultimately beneficially owned by Martin Haefner, will together own approximately 44.9% of the share capital and voting rights in the Company, while Liwet will own 25.0% of the share capital and voting rights in the Company.
The listing and first trading day of the Offered Shares on SIX Swiss Exchange as well as the delivery of the Offered Shares are planned for January 9, 2020.
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