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Read more: Swiss Prime Site AG Completes Rights Offering
Swiss Prime Site AG Completes Rights Offering
Swiss Prime Site AG’s recent rights offering generated gross proceeds of approximately CHF 424 million and closed on 1 June 2015. Existing shareholders were offered up to 5,970,129 new shares with a nominal value of CHF 15.30 each at a subscription price of CHF 71.00 per new registered share. At the end of the rights exercise period, 98.8% of the offered shares were subscribed for. The remaining 71,109 new shares were sold in the market.
Reference: CapLaw-2015-36