P r e s s r e l e a s e - Investor Relations - Mobimo
P r e s s r e l e a s e - Investor Relations - Mobimo
P r e s s r e l e a s e - Investor Relations - Mobimo
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Not for release, publication or distribution in the United States of America, Australia, Canada or Japan.<br />
P r e s s r e l e a s e<br />
<strong>Mobimo</strong> plans capital increase to enable further growth of its portfolio<br />
Lucerne, 14 November 2011 – Property company <strong>Mobimo</strong> Holding AG intends to conduct a<br />
capital increase for an amount of up to CHF 200 million by granting subscription rights to the<br />
existing shareholders. The final terms and conditions as well as the timetable for the capital<br />
increase are expected to be announced before the end of November 2011.<br />
<strong>Mobimo</strong> Holding AG ("<strong>Mobimo</strong>") intends to conduct a capital increase for an amount of up to CHF<br />
200 million by offering subscription rights to the existing shareholders. It plans to offer for subscription<br />
a total of up to 1,028,150 or 20% new registered shares with a par value of CHF 29 each out of<br />
already authorised capital. The subscription rights shall be tradable for a short period on SIX Swiss<br />
Exchange.<br />
The aim of the rights offering is to increase <strong>Mobimo</strong>'s equity ratio from 43% (as at 30 June 2011) to<br />
temporarily over 50% of total assets, thereby creating flexibility for the company's continued growth.<br />
"We are carrying forward our current successful strategy", explains Dr. Christoph Caviezel, CEO of<br />
<strong>Mobimo</strong>. "We have identified a number of interesting development projects in attractive locations and<br />
would like to realise these over the next few years." The existing project pipeline together with the<br />
new projects to be realised, shall contribute to increase the proportion of rental income of the residential<br />
properties in the investment portfolio from currently around 16% to around 30%.<br />
The final terms and conditions as well as the timetable for the capital increase are expected to be<br />
announced before the end of November 2011. Bank Vontobel AG and Zürcher Kantonalbank have<br />
been appointed as lead managers for the capital increase. Bank Reichmuth & Co and Bank Kempen<br />
& Co are also members of the syndicate.<br />
The company is holding a media and analysts' conference (in German)<br />
today at 1.30 p.m. CET in the Convention Point at SIX Exchange, Selnaustrasse 30, in Zurich.<br />
Registration is not required.<br />
The event will be transmitted simultaneously as an audio webcast on <strong>Mobimo</strong>'s website.<br />
It can be accessed via www.mobimo.ch, "<strong>Investor</strong> <strong>Relations</strong>" section.<br />
The company will be hosting a conference call in English today at 3.30 p.m CET.<br />
The dial-in number is: +41 22 592 73 12.
Not for release, publication or distribution in the United States of America, Australia, Canada or Japan.<br />
About <strong>Mobimo</strong><br />
<strong>Mobimo</strong> Holding AG was established in 1999 in Lucerne and has been listed on the SIX Swiss Exchange<br />
since 2005. The <strong>Mobimo</strong> Group has an attractive portfolio mix of investment properties that<br />
provide stable income and development properties offering extensive value enhancement potential.<br />
Investments are targeted mainly in the promising locations of Zurich and Lausanne/Geneva and in<br />
the Basel, Lucerne/Zug, Aarau and St. Gallen economic regions. With a real estate portfolio that has<br />
an overall value of over CHF 2.0 billion, <strong>Mobimo</strong> is one of the leading real estate companies in Switzerland.<br />
The portfolio contains development properties with an additional investment volume of over<br />
CHF 1 billion to be realised up to 2015 (as at 30 June 2011).<br />
For more information please contact:<br />
<strong>Mobimo</strong> Holding AG<br />
<strong>Mobimo</strong> Holding AG<br />
Dr. Christoph Caviezel, CEO<br />
Media and IR<br />
Manuel Itten, CFO<br />
Edwin van der Geest, Alexandre Müller,<br />
+41 44 397 11 11 Philippe Blangey<br />
www.mobimo.ch +41 43 268 32 32<br />
ir@mobimo.ch<br />
This document does neither constitute an offer to buy or to subscribe for securities of <strong>Mobimo</strong> Holding<br />
AG nor a prospectus within the meaning of applicable Swiss law. <strong>Investor</strong>s should make their<br />
decision to buy or to subscribe to securities solely based on the official offering and listing prospectus<br />
which will be published by <strong>Mobimo</strong> Holding AG and available free of charge from Bank Vontobel<br />
AG (telephone: +41 58 283 70 03, facsimile: +41 58 283 70 75 or email: prospectus@vontobel.ch)<br />
and Zürcher Kantonalbank (telephone: +41 44 293 67 35, facsimile: +41 44 293 67 32 or email:<br />
prospectus@zkb.ch). <strong>Investor</strong>s are furthermore advised to consult their bank or financial adviser<br />
before making any investment decision.<br />
This document does not contain or constitute an offer to sell or a solicitation of any offer to buy securities<br />
in the United States or in any other jurisdiction in which such offer or solicitation is not authorised<br />
or to any person to whom it is unlawful to make an offer or solicitation. The securities of <strong>Mobimo</strong><br />
Holding AG have not been and will not be registered under the United States securities laws and<br />
may not be offered or sold in the United States absent registration or an exemption from registration<br />
under the U.S. Securities Act of 1933, as amended. Neither <strong>Mobimo</strong> Holding AG nor its shareholders<br />
intend to register any portion of the offering in the United States or conduct a public offering of securities<br />
in the United States.