MCH Group | Ad hoc announcement pursuant to Art. 53 LR | Result of the rights offering
October 11 2022 - 1:00AM
MCH Group | Ad hoc announcement pursuant to Art. 53 LR | Result of
the rights offering
FOR RELEASE IN SWITZERLAND - THIS IS A RESTRICTED COMMUNICATION
AND YOU MUST NOT FORWARD IT OR ITS CONTENTS TO ANY PERSON TO WHOM
FORWARDING THIS COMMUNICATION IS PROHIBITED BY THE LEGENDS
CONTAINED HEREIN.
Result of the rights offering of MCH Group Ltd.
Rights offering generates gross proceeds of CHF 76.9
million
A total of 16,183,796 new registered shares were placed in MCH
Group AG's rights offering, corresponding to around 87 % of the
offered registered shares. As a result of the issuance of the
registered shares at an offer price of CHF 4.75 per new registered
share, MCH Group has raised gross proceeds totalling CHF 76.9
million (including CHF 0.6 million from the exercise of MCH Group
Ltd.'s own subscription rights).
After completion of the capital increase, the number of
registered shares issued will thus increase to a total of
31,053,147 registered shares with a nominal value of CHF 1.00 each,
corresponding to a share capital of CHF 31,053,147.00. The capital
increase is scheduled to be completed on 12 October 2022. The
delivery and the first trading day of the new registered shares are
scheduled for 13 October 2022.
MCH Group continues to have a stable, long-term anchor
shareholder base after the completion of this rights issue: Lupa
Systems will hold 38.52 % of the share capital in future, and the
Canton of Basel-Stadt 37.52 %. Furthermore, the Canton and the City
of Zurich will hold 1.50 %. MCH Group Ltd. has exercised the
subscription rights for its own shares and is acquiring 125,000 new
registered shares in the rights offering (total future holding of
0.72 % of the share capital). The other shareholders will hold
around 21.74 % of the share capital.
The Board of Directors and the management of MCH Group are
delighted with the success of the rights offering and its proceeds,
which will be used to repay the CHF 100 million bond due in May
2023. Andrea Zappia, Chairman of the Board of Directors: "We would
like to thank our existing and new shareholders for the trust they
have placed in us. We are convinced that we can lead the company
into a successful future on this solid foundation."
MCH Group's strategy is focused on the market- and
customer-oriented creation and combination of physical and digital
services in the field of experience marketing. Its aim is to
further expand the provision of innovative platforms in various
national and international segments, to extend the range of
individual services in terms of content and geography, and to
sustainably increase the occupancy rate of its own infrastructures
in Basel and Zurich.
Contact:MCH Group Ltd.Secretary of the Board of
DirectorsChristian Jecker+41 58 206 22
52christian.jecker@mch-group.comir@mch-group.com
Disclaimer / Forward-looking statementsThis
document constitutes neither an offer nor an invitation to purchase
or invest in securities of MCH Group Ltd. or one of its group
companies. This document is neither a prospectus within the meaning
of the Financial Services Act («FINSA») nor a prospectus according
to any other legislation or regulation. Copies of this document may
not be sent to, distributed in or sent from countries where this is
prohibited by law. The deadline for participation in the capital
increase with subscription rights of MCH Group Ltd. has expired.
The prospectus approved by a review body in accordance with Art. 51
FINSA, which was published by MCH Group Ltd. on 29 September 2022,
and the prospectus supplement have been available free of charge
since the time of their publication.This document and the
information contained herein is not for publication or distribution
into the United States of America (the «United States») and should
not be distributed or otherwise transmitted into the United States
or to U.S. persons (as defined in the U.S. Securities Act of 1933,
as amended, or the «Securities Act») or publications with a general
circulation in the United States. This document does not constitute
an offer or invitation to subscribe for or to purchase any
securities in the United States. The securities mentioned herein
have not been and will not be registered under the Securities Act
or the securities laws of any state or other jurisdiction of the
United States and may not be offered or sold within the United
States except pursuant to an applicable exemption from, or in a
transaction not subject to, the registration requirements of the
Securities Act and applicable state or local securities laws. This
document does not contain or constitute an offer of, or the
solicitation of an offer to buy or subscribe for, securities to any
person in the United States or in any other jurisdiction.Any offer
of securities referred to herein, if and when made in member states
of the European Economic Area («EEA»), will only be addressed to
and directed to «qualified investors» within the meaning of Article
2(e) of the Prospectus Regulation («Qualified Investors»). For
these purposes, the expression «Prospectus Regulation» means
Regulation (EU) 2017/1129 of the European Parliament and of the
Council of 14 June 2017 on the prospectus to be published when
securities are offered to the public or admitted to trading on a
regulated market, and repealing Directive 2003/71/EC, and includes
any relevant delegated regulations. Any offer of securities
referred to herein will be made pursuant to exemptions under the
Prospectus Regulation from the requirement to produce a prospectus
in connection with offers of securities.For readers in the United
Kingdom, this announcement is only being distributed to and is only
directed at qualified investors within the meaning of the
Prospectus Regulation (Regulation (EU) 2017/1129) as it forms part
of domestic law by virtue of the European Union (Withdrawal) Act
2018 who are also (A) investment professionals falling within
Article 19(5) of the Financial Services and Markets Act 2000
(Financial Promotion) Order 2005, as amended from time to time (the
«FSMA Order») or (B) high net worth entities falling within Article
49(2)(a) to (d) of the FSMA Order (all such persons being referred
to as «relevant persons»). Any securities referred to herein are
expected to only be available to, and any invitation, offer or
agreement to subscribe, purchase or otherwise acquire such
securities will be engaged in only with, relevant persons. Any
person who is not a relevant person should not act or rely on this
announcement or any of its contents.
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