IPO of V-ZUG Holding AG
On 25 June 2020, V-ZUG Holding AG (ticker symbol: VZUG) listed its shares on the SIX Swiss Exchange. The opening price was CHF 72.00 per share, resulting in a market capitalization of CHF 463 million. The newly established V-ZUG Holding AG was spun off from Metall Zug AG, which can look back on a company history of more than 100 years. Its 6,428,571 registered shares were traded on the Swiss stock exchange for the first time today. The previous shareholders of Metall Zug AG were allotted one registered share of V-ZUG Holding AG for each type A registered share of Metall Zug AG and ten registered shares of V-ZUG Holding AG for each type B registered share of Metall Zug AG.