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28.10.2022 - Ad hoc announcement pursuant to Art. 53 LR

Meyer Burger publishes the terms of its planned ordinary capital increase with targeted gross proceeds of approximately CHF 250 million

 

The Board of Directors proposes to the Extraordinary Shareholders’ Meeting to approve the issuance of up to 934,671,850 new registered shares with a par value of CHF 0.05 per share.Existing shareholders who are holding Meyer Burger shares at the close of trading on October 31, 2022 are expected to be allotted one subscription right per existing share held. Holders of 20 subscription rights are entitled to purchase 7 offered shares at a price of CHF 0.267 per new share.Trading of subscription rights at the SIX Swiss Exchange is expected to start on November 1, 2022 and to end on November 7, 2022. The subscription period is expected to start on November 1, 2022 and to end at 12:00 p.m. (noon) CET on November 9, 2022. First trading day of the new registered shares and settlement is expected to be on November 11, 2022. Date October 31, 2022-    Publication of prospectusNovember 1, 2022-    Start of subscription rights trading on SIX Swiss Exchange
-    Start of subscription periodNovember 7, 2022-    End of subscription rights trading on SIX Swiss Exchange (close of trading)November 9, 2022-    End of subscription period at 12:00 p.m. (noon) CET
-    Potential Rump PlacementNovember 10, 2022-    Registration of the capital increase with the commercial registerNovember 11, 2022-    First trading day of the New Shares
-    Delivery of the New Shares against payment of the subscription price

Contacts:

Meyer Burger Technology AGDynamics Group AGDana RitzmannAndreas DurischCorporate CommunicationsSenior PartnerM. +49 152 2266 2905T. +41 43 268 27 47 M. +41 79 358 87 32dana.ritzmann@meyerburger.comadu@dynamicsgroup.ch 
End of Inside InformationLanguage:EnglishCompany:Meyer Burger Technology AGSchorenstrasse 393645 GwattSwitzerlandPhone:+41 033 221 28 00E-mail:mbtinfo@meyerburger.comInternet:www.meyerburger.comISIN:CH0108503795Valor:A0YJZXListed:SIX Swiss ExchangeEQS News ID:1474091
 End of AnnouncementEQS News Service