Mobimo announces the terms of the capital increase

Mobimo Holding AG / Keyword(s): Miscellaneous

21-Apr-2022 / 07:20 CET/CEST
Publication of an ad hoc announcement pursuant to Art. 53LR
The issuer is solely responsible for the content of this announcement.

Ad hoc announcement pursuant to Art. 53LR

FOR DISTRIBUTION IN SWITZERLAND – THIS IS A RESTRICTED COMMUNICATION AND YOU MUST NOT TRANSMIT IT OR ANY CONTENT TO ANY PERSON TO WHOM TRANSMISSION OF THIS COMMUNICATION IS PROHIBITED BY THE CAPTIONS CONTAINED HEREIN.

Mobimo announces the terms of the capital increase

Lucerne, April 21, 2022 – Mobimo announces the terms and conditions of its intended capital increase which is planned to support the execution of Mobimo’s growth strategy and the realization of its development projects, while maintaining a capital base solid.

The Board of Directors of Mobimo Holding AG decided on April 20, 2022, following the approval of the 22n/a Ordinary general meeting of April 12, 2022 extending and increasing the authorized share capital, to issue up to 660,154 new fully paid-up registered shares (corresponding to 10% of the currently issued shares) of Mobimo Holding AG with a nominal value of CHF 3.40 each (the “Free Shares“).

Eligible shareholders will be granted one (1) subscription right for each registered share held after the close of trading on April 22, 2022 (the “Rights“). The exercise of ten (10) Rights will entitle its holder to acquire one (1) Share Offered against payment of the Offer Price (the “Offer Price“). The offer price has been set at CHF 245.0 per Offered Share corresponding to expected gross proceeds of approximately CHF 162 million.

The capital increase is planned to support the execution of Mobimo’s growth strategy and the realization of its development projects, while maintaining a solid capital base. “We have a development pipeline full of promising projects in attractive locations. We will realize these projects over the next few years – largely for our own investment portfolio”, explains CEO Daniel Ducrey. “We will invest around 200 million francs in our projects for the investment portfolio until 2024.”

Mobimo will offer the Offered Shares to its existing shareholders during the Rights exercise period from April 25, 2022 to May 3, 2022, 12:00 p.m. CEST. The Rights may be traded on the SIX Swiss Exchange from April 25, 2022 to April 29, 2022. Rights which have not been validly exercised during the Rights exercise period will expire and lapse without compensation. The number of Offer Shares for which the Rights have been validly exercised will be published on or about May 3, 2022 after the close of trading on the SIX Swiss Exchange. Mobimo and the Joint Global Coordinators reserve the right to offer for sale or otherwise place on the market the Offered Shares for which the Rights have not been validly exercised during the rights exercise period at a placement price not less than the Bid Price. The delivery of the Offered Shares against payment of the Offer Price or the placement price, as the case may be, is scheduled for May 6, 2022.

The Offered Shares will rank pari passu with the existing registered shares. Following the closing of the transaction, up to 7,261,701 fully paid registered shares with a nominal value of CHF 3.40 each will be issued.

If you have any questions, please contact:

Contact for analysts and investors:
Stefan Hilber, CFO
ir@mobimo.ch
+41 44 397 11 97

Media contact:
Marion Schihin, Communications Manager
medien@mobimo.ch
+41 44 397 11 86

www.mobimo.ch

About Mobimo:

With a broadly diversified real estate portfolio worth a total of approximately CHF 3.6 billion, Mobimo Holding AG is one of Switzerland’s leading real estate companies. Its portfolio includes residential and commercial properties, as well as development properties for both the Company’s own portfolio and for third parties. The properties are located in prime locations in German and French-speaking Switzerland. The properties are characterized by balanced diversification and diligent management. Mobimo uses its development projects to strengthen its revenue base and increase the intrinsic value of its portfolio. The company also creates investment opportunities for third parties through its development services. Mobimo has approximately 170 employees.

Warning:

Not to broadcast, publish or distribute, in whole or in part, directly or indirectly, in the United States of America, Canada, Japan or Australia or in any other jurisdiction in which the broadcast, publication or distribution would illegal.

This document does not constitute an offer to sell or a solicitation of offers to buy or subscribe for shares. This document is not a prospectus within the meaning of the Swiss law on financial services nor a prospectus within the meaning of any other applicable law. Copies of this document may not be mailed, distributed, or sent from jurisdictions in which it is prohibited or prohibited by law. The information contained herein does 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.

A decision to invest in securities of Mobimo Holding AG must be based exclusively on the prospectus published by Mobimo Holding AG for this purpose. Copies of this prospectus (and any supplements) are available free of charge from UBS AG (Swiss Prospectus Switzerland) located at Europastrasse 1, CH-8152 Opfikon and Zürcher Kantonalbank, IHKT, Case postale, 8010 Zurich, Switzerland, (e- mail: prospectus@zkb.ch; phone +41 44 292 20 66). In addition, copies of this prospectus (and any supplements thereto) are available free of charge in Switzerland from Mobimo Management AG, Seestrasse 59, 8700 Küsnacht, e-mail: ir@mobimo.ch.

This document is not intended for publication or distribution in the United States of America (including its territories and possessions, any state of the United States and the District of Columbia), Canada, Japan or Australia or in any other jurisdiction in which it would be illegal. . This document does not constitute an offer or an invitation to subscribe or purchase securities in these countries or in any other jurisdiction in which it would be illegal. In particular, the document and the information it contains must not be distributed or otherwise transmitted in the United States of America or to publications of general distribution in the United States of America. The securities referred to herein have not been and will not be registered under the United States Securities Act of 1933, as amended (the “Securities Act”), or laws of any state and may not be offered or sold in the United States of America. lack of registration under the Securities Act or exemption from registration under the Securities Act. There will be no public offering of the securities in the United States of America.

The information contained in this document does not constitute an offer of securities to the public in the United Kingdom. No prospectus offering securities to the public will be published in the United Kingdom. In the UK, this document is directed only to persons who (i) are accredited investors and who are also (ii) investment professionals falling within section 19(5) of the Financial Services and Markets Act 2000 (Financial Promotion) Order 2005 (the “FSMA Order”); (iii) persons falling under Article 49(2) (a) to (d) “high net worth companies, unincorporated associations, etc.” of the FSMA Ordinance and (iv) persons to whom an invitation or inducement to engage in investment activity within the meaning of section 21 of the Financial Services and Markets Act 2000 may otherwise lawfully be communicated or made object of a communication (all these persons being together referred to as “data subjects”). The securities are accessible only to the persons concerned and any invitation, offer or agreement to subscribe, purchase or acquire such securities will be entered into only with the persons concerned. Any person who is not a relevant person should not act or rely on this document or any of its contents.

In any Member State of the European Economic Area (each being a “Relevant State”), this document is intended solely for qualified investors in that Relevant State within the meaning of the Prospectus Regulation.

This publication may contain specific forward-looking statements, for example statements including words such as “believe”, “assume”, “expect”, “plan”, “project”, “may”, “could”, ” could”, “will” or similar expressions. These forward-looking statements are subject to known and unknown risks, uncertainties and other factors which may cause the actual results, financial situation, development or performance of Mobimo to differ materially from those explicitly or implicitly assumed in these statements. In the context of these uncertainties, readers should not rely on forward-looking statements. Mobimo assumes no responsibility to update forward-looking statements or to adapt them to future events or developments.

Except as required by applicable law, Mobimo has no intention or obligation to update, maintain or revise this publication or any part of it (including any forward-looking statements) after the date hereof. .

Neither UBS AG, nor Zürcher Kantonalbank, nor any of their subsidiaries, affiliates or any of their directors, officers, employees, advisers, agents, alliance partners or any other entity or person accepts any responsibility or liability for of any kind, or make any representation, warranty or covenant, express or implied, as to the truthfulness, accuracy, completeness or correctness of the information or opinions contained in this announcement (or whether any information has been omitted from the announcement) or any other information relating to the group, its subsidiaries or associated companies, whether written, oral or in visual or electronic form, and in any way transmitted or made available or for any loss resulting from any use of this announcement or its contents or otherwise arising in connection with it. Accordingly, each of UBS AG or Zürcher Kantonalbank and the other aforementioned persons disclaims, to the fullest extent permitted by applicable law, all liability, whether in tort or contract, or which they might otherwise be held liable. with respect to this announcement and/or such statement.

Additional Features:

File: Ad hoc announcement within the meaning of art. 53 LR (conditions for capital increase)

End of the ad hoc announcement

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