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HIAG Immobilien: IPO over-allotment option partially exercised
Total placement volume of the HIAG Immobilien IPO increases to
Including the shares placed in connection with the over-allotment option, a total of 2'629'474 shares were sold in the IPO of HIAG Immobilien, representing 32.87% of today's issued share capital. The total placement volume therefore amounts to approximately
After the partial exercise of the over-allotment option, the anchor shareholders hold, both directly and indirectly, 65.26% of the total 8'000'000 registered shares of the company.
The anchor shareholders as well as the members of the board of directors and the management have signed a lock-up agreement for a period of 12 months, and HIAG Immobilien has agreed to a lock-up of 6 months starting from the first trading day, subject to the usual exemptions. Moreover, the anchor shareholders have underpinned their long-term commitment to the Company by signing a shareholders' agreement.
Credit Suisse acted as Sole Bookrunner for the
Chief Executive Officer
T +41 61 606 55 28
Chief Financial Officer
T +41 61 606 55 23
HIAG Immobilien Holding AG
T +41 61 606 55 00
About HIAG Immobilien
HIAG Immobilien is a leading Swiss property owner, manager and redeveloper of former industrial sites in attractive locations. Its real estate portfolio is broadly diversified both geographically as well as in terms of property usage. HIAG Immobilien owns 38 sites with a total surface area of 2.4 million mē. The group generates an annualised property income of approximately
This publication may contain specific forward-looking statements, e.g. statements including terms like "believe", "assume", "expect", "forecast", "project", "may", "could", "might", "will" or similar expressions. Such forward-looking statements are subject to known and unknown risks, uncertainties and other factors which may result in a substantial divergence between the actual results, financial situation, development or performance of HIAG Immobilien and those explicitly or implicitly presumed in these statements. Against the background of these uncertainties, readers should not rely on forward-looking statements. HIAG Immobilien assumes no responsibility to up-date forward-looking statements or to adapt them to future events or developments.
This document is not an offer to sell or a solicitation of offers to purchase or subscribe for shares. This document is not a prospectus within the meaning of Article 652a of the Swiss Code of Obligations, nor is it a listing prospectus as defined in the listing rules of SIX Swiss Exchange or a prospectus under any other applicable laws. Copies of this document may not be sent to jurisdictions, or distributed in or sent from jurisdictions, in which this is barred or prohibited by law. The information contained herein shall not constitute an offer to sell or the solicitation of an offer to buy, in any jurisdiction in which such offer or solicitation would be unlawful prior to registration, exemption from registration or qualification under the securities laws of any jurisdiction.
This document and the information contained herein is not for publication or distribution into
The information contained herein does not constitute an offer of securities to the public in the
For the avoidance of doubt, neither the Sole Bookrunner nor the Co-Lead Manager makes any representation or warranty that it intends to accept or be bound to any of the information contained herein nor shall the Sole Bookrunner or the Co-Lead Manager be obliged to enter into any further discussions or negotiations pursuant thereto but shall be entitled in their absolute discretion to act in any way that they see fit in connection with the potential transaction. Any discussions, negotiations or other communications that may be entered into, whether in connection with this communication or otherwise, shall be conducted subject to contract. No representation or warranty expressly or implicitly, is or will be made as to, or in relation to, and no responsibility or liability is or will be accepted by the Sole Bookrunner or the Co-Lead Manager, or any of their respective officers, employees or agents, as to or in relation to the accuracy or completeness of this communication, publicly available information on HIAG Immobilien or any other written or oral information made available to any interested party or its advisors and any liability therefore whether in contract, tort or otherwise is hereby expressly disclaimed.
The Sole Bookrunner and the Co-Lead Manager are acting on behalf of the Company and no one else in connection with the referred to herein and will not be responsible to any other person for providing the protections afforded to clients of the Sole Bookrunner or the Co-Lead Manager, or for providing advice in relation to the securities referred to herein.
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