Brief: Bachem Holding Raises CHF 108.1 Mln Through Capital Increase

BACHEM HOLDING AG

10/03/2023 05:55

March 10 (Reuters) - BACHEM HOLDING AG  BANB.S :
    * RAISES CHF 108.1 MILLION THROUGH CAPITAL INCREASE TO
ACCELERATE
ITS GROWTH PLANS
    * FOLLOWING YESTERDAY'S LAUNCH POST MARKET CLOSE, BACHEM HAS
SUCCESSFULLY RAISED APPROXIMATELY CHF 108 MILLION THROUGH AN
ACCELERATED BOOKBUILDING
    * NEW SHARES ARE EXPECTED TO BE LISTED AND ADMITTED TO
TRADING ON
SIX SWISS EXCHANGE ON MARCH 13, 2023
    * PROCEEDS WILL BE USED TO FINANCE CAPACITY EXPANSION ACROSS
SITES, INCLUDING RECENTLY ANNOUNCED PROSPECTIVE MANUFACTURING
SITE IN SISSLERFELD/EIKEN, SWITZERLAND
    * HAS SUCCESSFULLY RAISED APPROXIMATELY CHF 108 MILLION
THROUGH
PLACEMENT OF 1'250'000 NEW REGISTERED SHARES ( "NEW SHARES") AT
A PLACEMENT PRICE OF CHF 86.50 PER NEW SHARE
    * PAYMENT AND SETTLEMENT ARE EXPECTED TO TAKE PLACE ON MARCH
14,
2023

Further company coverage:  BANB.S 

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