The subscription rights offer, conducted as part of a capital increase to existing shareholders, was exercised at 96.8%.
The real estate company Mobimo placed the securities that had not been requested as part of the subscription rights offer linked to its capital increase. The 21,399 new titles have been sold on the market, she said on Wednesday.
The subscription rights offer, conducted as part of a capital increase to existing shareholders, was exercised at 96.8%. During the operation, which took place from April 25 to May 3, 638,755 new registered members were subscribed. The funds raised reach approximately 162 million francs.
The new shares give full voting and dividend rights for the 2022 fiscal year. Trading in these shares will begin on May 6, at the same time as they are delivered to their owner.
The result of the capital increase will support Mobimo’s growth objectives and the realization of its development projects, the statement said. “We are going to invest around 200 million francs in our projects for the investment portfolio by 2024”, explained the managing director (CEO) Daniel Ducrey.