Bär & Karrer Advised on the Reverse Stock Split of Züblin Immobilien Holding AG
At the Extraordinary Shareholders' Meeting held on 29 February 2016, the shareholders of Züblin Immobilien Holding AG approved a reverse stock split at a ratio of 450 to 1. The last trading day of the old registered shares with a nominal value of CHF 0.05 on the SIX Swiss Exchange was 3 March 2016, the listing and first trading day of the new registered shares with a nominal value of CHF 22.50 was 4 March 2016, and settlement took place on 8 March 2016.
Bär & Karrer acted as transaction counsel for Züblin and Neue Helvetische Bank AG. The team comprised Ralph Malacrida, Micha Schilling and Florian Roth.