EGS Beteiligungen AG exercises right to convert bond and increases its
shareholding in Siegfried to 6.2% registered shares
Siegfried AG / Key word(s): Bond
EGS Beteiligungen AG exercises right to convert bond and
increases its shareholding in Siegfried to 6.2% registered shares
14-Jun-2024 / 06:30 CET/CEST
Release of an ad hoc announcement pursuant to Art. 53 LR
The issuer is solely responsible for the content of this
announcement.
____________________________________________________________
EGS Beteiligungen AG exercised its right to convert one of the
convertible bonds issued in December 2020 with a coupon of 0.650%
and a nominal value of CHF 40m into shares. EGS Beteiligungen
will receive 51'899 shares of Siegfried Holding AG and as a
result will increase its stake in Siegfried from 5.0% to about
6.2% registered shares (about 7.2% including remaining purchase
position). The shares will be delivered from Siegfried's treasury
shares without issuance of new shares.
As announced in December 2020, EGS Beteiligungen AG participated
in the financing of Siegfried's acquisition of two pharmaceutical
production sites in Spain through two hybrid convertible bonds
issued by Siegfried. These bonds grant EGS Beteiligungen the
right to convert the bonds into shares of Siegfried Holding AG
when certain conditions are met.
Siegfried's CEO ad interim Reto Suter: 'This conversion
significantly increases the shareholding of EGS Beteiligungen AG
and demonstrates its trust in Siegfried.'
Contact
Financial Analysts: Media:
Dr. Reto Suter Peter Stierli
Chief Financial Officer Head Corporate Communications
reto.suter@siegfried.ch peter.stierli@siegfried.ch
Tel. +41 62 746 11 35 Tel. +41 62 746 15 51
Siegfried Holding AG
Untere Bruehlstrasse 4
CH-4800 Zofingen
About Siegfried
The Siegfried Group is a global life sciences company with sites
in Switzerland, Germany, Spain, France, Malta, the USA and China.
In 2023, the company achieved sales of CHF 1.272 billion and
employed on 31.12.2023 more than 3'700 people at twelve sites on
three continents. Siegfried Holding AG is publicly listed on SIX
Swiss Exchange (SIX: SFZN).
Siegfried is active in manufacturing pharmaceutical APIs (and
their intermediates) as well as drug products (tablets, capsules,
sterile vials, ampoules, cartridges and ointments) for the
pharmaceutical industry and provides development services.
Cautionary Statements Regarding Forward-Looking Statements
This media release includes statements concerning the future.
They are based on assumptions and expectations that may prove to
be wrong. They should be considered with due caution as, by
definition, they contain known and unknown risks, insecurities
and other factors which could result in a difference in the
actual results, financial situation, developments or the success
of Siegfried Holding AG or Siegfried Group from the explicit or
implicit assumptions made in these statements.
expect more
Siegfried AG
Untere Brühlstrasse 4
4800 Zofingen, Switzerland
+41 62 746 11 11
info@siegfried.ch
www.siegfried.ch
Additional features:
File:
https://eqs-cockpit.com/c/fncls.ssp?u=8b367658100ce26d58511391b2334a9c
____________________________________________________________
End of Inside Information
____________________________________________________________
Language: English
Company: Siegfried AG
Untere Brühlstrasse 4
4800 Zofingen
Switzerland
Phone: +41 62 746 11 11
E-mail: info@siegfried.ch
Internet: https://www.siegfried.ch
ISIN: CH0014284498
Listed: SIX Swiss Exchange
EQS News ID: 1924909
End of Announcement EQS News Service
____________________________________________________________
1924909 14-Jun-2024 CET/CEST