Thun, 20 March 2014
”NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION IN THE UNITED STATES, AUSTRALIA, CANADA OR JAPAN.“
Meyer Burger Technology Ltd share placement priced at CHF 16.20 per share
Meyer Burger Technology Ltd (SIX Swiss Exchange MBTN) has successfully completed the share placement announced yesterday. In total, 4,800,000 new registered shares were placed through an accelerated bookbuild procedure as a private placement in Switzerland and outside of Switzerland in accordance with applicable securities laws. The shares were placed at a price of CHF 16.20 per registered share. The shares are issued out of the existing authorised capital of Meyer Burger, and result in gross proceeds of CHF 77.76 million for the Company. The share placement will increase Meyer Burger’s issued share capital to CHF 4,475,705.85, divided into 89‘514‘117 shares with a nominal value of CHF 0.05 each.
The first trading day of the new shares is on 21 March 2014. Delivery against payment of the new shares is expected to take place on 25 March 2014.
Credit Suisse and UBS have been acting as Joint Bookrunners in the share placement.
For further information:
Head of Corporate Communications
Phone +41 (0)33 221 25 06
Phone +41 (0)33 221 28 34