Warteck Invest successfully completes rights offering and listing of shares on SIX Swiss Exchange arranged by UBS

Niederer Kraft Frey advised UBS AG in its capacity as sole global coordinator and sole bookrunner on Warteck Invest’s CHF 94.7 million capital increase by way of a rights offering launched on 3 June 2024, in which Warteck Invest shareholders were allocated subscription rights in proportion to their shareholdings in Warteck Invest.

Shares not taken up by Warteck Invest shareholders were subsequently sold to investors in a share placement. Warteck Invest has issued 61,875 registered shares with a par value of CHF 10.00 each leading to gross proceeds in an amount of approximately CHF 94.7 million. The proceeds raised from the capital increase will be used to support the execution of Warteck Invest’s growth strategy and the realisation of its development projects. The newly issued registered shares are now listed and traded on SIX Swiss Exchange.

The NKF team was co-led by Corporate/Capital Markets partners Philippe Weber and Andrea Giger, working with associates Manuel Hirlinger and Pascal Hodel (all Capital Markets), as well as partner Markus Kronauer, senior associate Morgan Boëffard and associate Milot Spahiu (all Tax).