Press release

Thun, October 31, 2019

 

 

Closing of the sale of the Meyer Burger company building

 

 

Meyer Burger Technology Ltd (SIX Swiss Exchange: MBTN) today announces the closing of the sale of its headquarters building in Gwatt (Thun) to the Helvetica Swiss Commercial Fund (HSC Fund). The City of Thun waives its pre-emptive right to acquire the building and granted the pending approval for sale. The change of ownership took place on October 31, 2019. The total purchase price amounts to CHF 42.5 million, of which approximately CHF 31 million were transferred to Meyer Burger today and the remainder will follow in tranches over the course of the next five years.

 

 

Contacts:

Stefan Diepenbrock

Head of Corporate Communications

Tel: +41 (0)33 221 27 85

stefan.diepenbrock@meyerburger.com

 

Jan Gregor

c/o Gregor Communications GmbH

Tel: +41 (0)33 221 24 02

jan.gregor@meyerburger.com

 

THIS PRESS RELEASE IS NOT BEING ISSUED IN THE UNITED STATES OF AMERICA AND SHOULD NOT BE DISTRIBUTED DIRECTLY OR INDIRECTLY TO U.S. PERSONS OR PUBLICATIONS WITH A GENERAL CIRCULATION IN THE UNITED STATES OF AMERICA. THIS PRESS RELEASE DOES NOT CONSTITUTE AN OFFER OR INVITATION TO SUBSCRIBE FOR, EXCHANGE OR PURCHASE ANY SECURITIES. IN ADDITION, THE SECURITIES OF MEYER BURGER TECHNOLOGY LTD HAVE NOT BEEN AND WILL NOT BE REGISTERED UNDER THE UNITED STATES SECURITIES ACT OF 1933, AS AMENDED (THE “SECURITIES ACT”), OR ANY STATE SECURITIES LAWS AND MAY NOT BE OFFERED, SOLD OR DELIVERED WITHIN THE UNITED STATES OR TO U.S. PERSONS ABSENT REGISTRATION UNDER OR AN APPLICABLE EXEMPTION FROM THE REGISTRATION REQUIREMENTS OF THE UNITED STATES OF AMERICA SECURITIES LAWS.

 

This media release may contain statements referring to the future, such as expectations, plans, intentions or strategies concerning the future. Such statements involve uncertainties and risks. Readers must therefore be aware that such statements can diverge from actual future occurrences. All statements concerning the future in this media release are based on data which were available to Meyer Burger Technology AG at the time of publishing this media release. The company does not undertake to update future-oriented statements made in this media release at a later date on the basis of new information, future events or suchlike.