04 December 2015 I Deals and Cases

Züblin Immobilien Holding AG Completes Share Capital Increase

Züblin Immobilien Holding AG successfully placed 1’433’387’664 new registered shares in the capital increase at the offer price of CHF 0.05 per offered share. 1’323’868’992 new registered shares corresponding to 92.36% of total shares offered were subscribed by investors exercising pre-emptive rights during the rights exercise period while the remaining 109’518’672 new registered shares were placed in the share offering and purchased by Lamesa Holding S.A. As a result of the reduction of the nominal value of the registered shares from CHF 1.00 to CHF 0.05 and the simultaneous share capital increase the share capital now is CHF 74’655’607.50, divided into 1’493’112’150 registered shares with a nominal value of CHF 0.05 each. The new shares were listed on SIX Swiss Exchange and admitted to trading on 2 December 2015, and delivery of the new shares against payment of the issue price occurred on 3 December 2015.

Bär & Karrer acted as transaction counsel to Züblin Immobilien Holding AG and Neue Helvetische Bank AG. The Bär & Karrer team included Ralph Malacrida, Dieter Dubs, Daniel Lehmann, Thomas Stoltz, Micha Schilling, and Florian Roth.