Based on the authorisation of the general meeting of the shareholders of CREALOGIX dated 30 October 2017, the Company’s board of directors resolved on 27 March 2018 upon an increase of the nominal share capital by issuance of 170,000 registered shares.
Convertible bond: CREALOGIX received CHF 25 million for further growth.
The convertible bond of CREALOGIX Holding AG was successfully placed with the with Neue Helvetische Bank as the lead arranger. The coupon was set at 2.375% and the conversion price at CHF 104.50. A conversion price of CHF 104.50 is a 26.0% premium over the registered share’s volume-weighted average price of CHF 82.9573 from 29 September 2015 to 21 October 2015.
CREALOGIX complies with the principles and rules of economiesuisse’s Swiss Code of Best Practice for Corporate Governance and SIX Swiss Exchange’s Corporate Governance Directive (DCG). The Board of Directors regularly monitors compliance with these provisions in light of current developments. CREALOGIX is organised under Swiss law.