Bellevue Group conducts CHF 33 million rights offering in connection with the acquisition of German-based asset manager StarCapital

On 25 April 2016, Bellevue Group, an independent Swiss financial boutique listed on the SIX Swiss Exchange (ticker symbol: BBN) and headquartered in Küsnacht, Switzerland, announced the result of its rights offering with Bank am Bellevue as lead manager to finance the acquisition of German-based asset manager StarCapital and to maintain its strategic flexibility. Based on an offer price of CHF 11.00 per share, Bellevue Group raised gross proceeds of approximately CHF 33 million. The listing of the new shares became effective on 26 April 2016. The acquisition of StarCapital was closed on 6 June 2016.