Conzzeta AG /
Rights offering for new shares to launch on August 14
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Rights offering for new shares to launch on August 14
Zurich, August 4, 2014 - Conzzeta AG announces final details of the timing of
the rights offering for the new Conzzeta shares. Trading in subscription rights
to the 'category A' registered shares is set for August 14 to 28 on the SIX
As announced in the media release of March 26 and approved by the Extraordinary
General Meeting on June 13, Tegula AG - which holds 82% of the voting rights and
74% of the Conzzeta share capital - is to merge with Conzzeta AG itself. The
merger agreement stipulates that Tegula shareholders will be compensated for
their cash contribution in the form of newly issued shares. A total of 14 712
newly issued registered shares A will be offered to public shareholders in
proportion to their present shareholdings as part of a public procedure and on
identical terms to those offered to the Tegula shareholders. The 641 'category
B' registered shares allocated to public shareholders will be offered to these
public shareholders as part of a separate, non-public procedure, since the
registered shares B are not listed on SIX.
The procedure is divided into the following stages: Allocation of the
subscription rights will take place on August 13 after close of trading. As
already announced in March, eight subscription rights held in the respective
categories entitle the holder to one new registered share. Registered shares A
are available with subscription rights at a price of CHF 2 160; registered
shares B at CHF 432.
Trading in subscription rights of the 'category A' registered shares on the SIX
Swiss Exchange will run from August 14 to 28. There is no organized trading for
rights to subscribe to the new 'category B' registered shares. The subscription
period will last from August 14 to 29, 12 noon CET. August 14 is designated as
the first trading day for the new 'category A' registered shares. Delivery of
the new shares on payment of the subscription price will take place on September
As part of the capital increase in connection with the merger, a total of
50 750 new 'category A' registered shares and 33 750 new 'category B' registered
shares will be issued. Following the capital increase, the share capital of
Conzzeta AG will be CHF 5 175 000, divided into 456 750 fully paid-up registered
shares A with a par value of CHF 10 each and 303 750 fully paid-up registered
shares B with a par value of CHF 2 each.
For further information please contact:
Christian Thalheimer, Head of Corporate Services
Phone +41 44 468 24 84
Conzzeta Group is an internationally active Swiss holding company with
approximately 3,500 employees worldwide. Its activities are in the areas of
machinery and systems engineering, foam materials, sporting goods, graphic
coatings and real estate. Conzzeta's shares are listed on the SIX Swiss Exchange
This publication does neither constitute an offer to buy purchase rights
(Bezugsrechte) or to buy or subscribe for shares of Conzzeta AG nor a prospectus
within the meaning of the applicable Swiss law. Investors should make their
decision to exercise purchase rights (Bezugsrechte) or to buy new shares solely
based on the offering and listing prospectus published by Conzzeta AG and should
consult their bank or financial adviser.
This publication is not being issued in the United States of America and should
not be distributed to United States Persons or publications with a general
circulation in the United States. This document does not constitute an offer or
invitation to subscribe for or purchase any securities or purchase rights
(Bezugsrechte). The securities of Conzzeta AG are not being offered in the
United States or to U.S. Persons.
The information contained herein does not constitute an offer of securities to
the public in the United Kingdom within the meaning of the Public Offers of
Securities Regulations 1995. No prospectus offering securities to the public
will be published in the United Kingdom.
Any offer of securities that may be deemed to be made pursuant to this
communication in any EEA Member State that has implemented Directive 2003/71/EC
(together with any applicable implementing measures in any Member State, the
"Prospectus Directive") is only addressed to qualified investors in that Member
State within the meaning of the Prospectus Directive.
This document does not constitute a prospectus pursuant to art. 652a and/or
1156 of the Swiss Code of Obligations or the listing rules of the SIX Swiss
Exchange. A decision to invest in shares of Conzzeta AG should be based
exclusively on the offering and listing prospectus published by Conzzeta AG for
The securities described herein are offered publicly in Switzerland only. The
information contained herein shall not constitute an offer to sell or the
solicitation of an offer to buy, in any jurisdiction in which such offer or
solicitation would be unlawful prior to registration, exemption from
registration or qualification under the securities laws of any jurisdiction.
The Media Release can be downloaded from the following link:
Media release (PDF):
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Source: Conzzeta AG via GlobeNewswire