08.03.2024 07:00:52 - dpa-AFX: EQS-News: R&S Group acknowledges VERAISON's decision to gradually return capital to its shareholders (english)

R&S Group acknowledges VERAISON's decision to gradually return capital to
its shareholders

R&S Group Holding AG / Key word(s): Funds
R&S Group acknowledges VERAISON's decision to gradually return capital to
its shareholders

08.03.2024 / 07:00 CET/CEST

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News Release

R&S Group acknowledges VERAISON's decision to gradually return capital to
its shareholders

Sissach/BL, Switzerland, 8 March 2024 - R&S Group Holding AG (SIX: RSGN)
took note of the news release by VERAISON Capital AG ("VERAISON") published
on 7 March 2024 wherein the asset manager informs about its decision to
gradually return capital to its shareholders.

VERAISON, through its SICAV Engagement Fund, acted as sponsor of the Special
Purpose Acquisition Company ("SPAC") VT5 Acquisition Company AG ("VT5")
which successfully concluded the Initial Business Combination (De-SPAC) with
R&S Group at the end of last year. This resulted in the listing of RSGN at
SIX Swiss Exchange on 13 December 2023.

As sponsor, VERAISON - after redemptions tendered in the De-SPAC process and
selling shares previously held as investor - still holds approximately 6% of
RSGN shares which are restricted by lock-up commitment until 13 December
2024.

R&S Group acknowledges VERAISON's decision to gradually return capital to
its shareholders and is prepared to support VERAISON in the sale of their
RSGN shares whereby the lock-up commitment shall be maintained.

Calendar 2024
21 March Preliminary 2023 key figures
17 April 2023 full-year results
28 May Annual General Meeting
24 July Trading update
11 September 2024 half-year results

Contacts
Investor Relations
Doris Rudischhauser
Phone: +41 79 410 81 88
Email: investors@the-rsgroup.com

Media
Nicolas Weidmann
Phone: +41 79 372 29 81
Email: media@the-rsgroup.com


About R&S Group
R&S Group Holding AG ("R&S Group", the "company") is headquartered in
Sissach/BL, Switzerland. With six manufacturing facilities in Switzerland,
Italy, Poland and the Middle East, R&S Group serves its domestic and various
European export markets with small and medium power and distribution
transformers and other components in the utility, infrastructure and
industrial sectors. The company has been successfully positioned to benefit
from the accelerating demand for energy production and distribution, driven
by the global trend towards decarbonization. R&S Group has been listed on
SIX Swiss Exchange on 13 December 2023 under the ticker symbol RSGN
following its successful business combination with VT5 Acquisition AG, a
previously Swiss-listed Special Purpose Acquisition Company (SPAC).
Further information about the R&S Group can be found at www.the-rsgroup.com.

Disclaimer
This communication expressly or implicitly contains certain forward-looking
statements concerning R&S Group Holding AG and its business. Such statements
involve certain known and unknown risks, uncertainties and other factors,
which could cause the actual results, financial condition, performance or
achievements of R&S Group Holding AG to be materially different from any
future results, performance or achievements expressed or implied by such
forward-looking statements. R&S Group Holding AG is providing this
communication as of this date and does not undertake to update any
forward-looking statements contained herein as a result of new information,
future events or otherwise.


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Additional features:

File: https://eqs-cockpit.com/c/fncls.ssp?u=609938952eb60087525fe2194be9ff0e
File description: R&S Group acknowledges VERAISON's decision to gradually
return capital to its shareholders

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End of Media Release

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   Language:       English
   Company:        R&S Group Holding AG
                   Churerstrasse 25
                   8808 Pfäffikon SZ
                   Switzerland
   E-mail:         investors@the-rsgroup.com
   Internet:       www.the-rsgroup.com
   ISIN:           CH1107979838, CH1108008082
   Listed:         SIX Swiss Exchange
   EQS News ID:    1854137




End of News EQS News Service
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1854137 08.03.2024 CET/CEST
Name WKN Börse Kurs Datum/Zeit Diff. Diff. % Geld Brief Erster Schluss
R&S GROUP N A3C9E6 Schweiz 13,100 26.06.24 17:50:00 -0,100 -0,76% 12,700 13,300 13,200 13,200

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