Tag Archives: CapLaw-2015-36

Swiss Prime Site AG Completes Rights Offering

Swiss Prime Site AG’s recent rights offering generated gross proceeds of approximately CHF 424 million and closed on 1 June 2015. Existing shareholders were offered up to 5,970,129 new shares with a nominal value of CHF 15.30 each at a subscription price of CHF 71.00 per new registered share. At the end of the rights exercise period, 98.8% of the offered shares were subscribed for. The remaining 71,109 new shares were sold in the market.