mobilezone proposes capital increase

15.09.2019

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PRESS RELEASE

 

 

Regensdorf, Switzerland, 15 February 2018

mobilezone proposes capital increase

mobilezone today invited its shareholders to attend an extraordinary general meeting to be held on 9 March 2018. The board of directors proposes an ordinary capital increase with gross proceeds of around CHF 80 mio. to finance the acquisition of TPHCom (around CHF 59 mio.) and to provide the company with financial flexibility for further medium-term acquisitions.

The board of directors proposes to carry out an ordinary capital increase by way of a discounted rights offering (with the rights being tradeable). The size of the capital increase would be such that the gross proceeds amount to approximately CHF 80 mio. On the day of the extraordinary general meeting, the board of directors will provide an update on the final terms of the capital increase, including the final proposed maximum number of shares to be issued and the subscription price. Further details of the contemplated capital increase will be available in the issue and listing prospectus which is expected to be published on or around 14 March 2018.

 

For further information regarding the acquisition of TPHCom please see the press releases of 21 December 2017 and 25 January 2018.

 

The company plans to publish the annual report 2017 and to hold media and analyst briefings on 2 March 2018.

 

The press release and the invitation to the extraordinary general meeting are available at

www.mobilezone.ch/about-us/media/news

www.mobilezone.ch/about-us/investors/calendar.

 

 

For further information or questions

Markus Bernhard                     

Chief Executive Officer            

mobilezone holding ag 

mobilezoneholding@mobilezone.ch