Brief: MCH Group Carries Out Second Tranche Of Capital Increase

MCH AG

07/12/2020 17:05

Dec 7 (Reuters) - MCH GROUP AG  MCHN.S :
    * ANNOUNCEMENT | MCH GROUP | CAPITAL INCREASE
    * EGM ON 27 NOVEMBER 2020 APPROVED IMPLEMENTATION OF CAPITAL
INCREASES FOR AN AMOUNT OF UP TO CHF 104.5 MILLION IN TWO
TRANCHES
    * IN FIRST TRANCHE, SHARE CAPITAL IS INCREASED BY CHF 20
MILLION
THROUGH ISSUE OF 2 MILLION NEW SHARES, AT AN ISSUE PRICE OF CHF
15.00 PER SHARE
    * SUBSCRIPTION PERIOD FOR THIS FIRST TRANCHE EXPIRED ON 4
DECEMBER
2020
    * IN SECOND TRANCHE,  SHARE CAPITAL IS BEING INCREASED BY
CHF
68,627,760 THROUGH ISSUE OF 6,862,776 NEW REGISTERED SHARES, AT
AN ISSUE PRICE OF CHF 10.00 PER SHARE
    * CANTON OF BASEL-STADT WILL EXERCISE SUFFICIENT
SUBSCRIPTION
RIGHTS IN THIS SECOND TRANCHE TO ENSURE THAT PUBLIC-SECTOR
ENTITIES RETAIN MORE THAN 33 1/3 % OF SHARES
    * REMAINING SUBSCRIPTION RIGHTS OF PUBLIC-SECTOR ENTITIES
THAT
HAVE A STAKE IN COMPANY WILL BE TRANSFERRED TO LUPA SYSTEMS LLC
    * SUBSCRIPTION PERIOD FOR THIS SECOND TRANCHE RUNS FROM 10
DECEMBER TO 12:00 NOON (CET) ON 18 DECEMBER 2020
    * SUBSCRIPTION RIGHTS WILL BE TRADED FROM 10 TO 16 DECEMBER
2020

Source text for Eikon:  ID:nGNE5pcHjl 
Further company coverage:  MCHN.S 

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