Helvetica Property Investors AG
Capital increase of Helvetica Swiss Living Fund significantly oversubscribed
Helvetica Property
/ Key word(s): Funds/Real Estate
Press release May 02, 2022 The capital increase for the HSL Fund carried out from April 11 to 22, 2022 was successfully completed with issue proceeds of CHF 125.6 million. A total of 1,096,924 new shares will be issued at an issue price of CHF 114.54 net per share. The number of shares outstanding after the capital increase amounts to 3,839,234 shares. The new shares will be paid today, May 02, 2022. The capital increase was carried out on a commission basis (best effort basis) as part of a rights offering in Switzerland. With the resulting inflow of funds, the fund management company can promptly implement the already secured purchase of residential properties and further expand the existing high-quality portfolio of the fund. Salman Baday, Head Sales & Marketing, says: "The capital increase was completed very successfully. Due to the high demand from investors, there was a significant oversubscription. We are very pleased to have been able to expand our investor base yet again with the completion of the capital increase." The HSL Fund shares are currently traded over-the-counter by Bank J. Safra Sarasin Ltd. This media release does not constitute a prospectus within the meaning of Art. 35 et seq. of the Swiss Federal Law on Financial Services. Media contacts
About Helvetica
Zurich, May 02, 2022 – The capital increase of the Helvetica Swiss Living Fund (HSL Fund) has been successfully completed. The fund will receive proceeds in the amount of over CHF 125 million. About Helvetica Swiss Living Fund Ticker Symbol HSL; Valor 49 527 566; ISIN CH0495275668 Disclaimer
End of Media Release |
Language: | English |
Company: | Helvetica Property |
Brandschenkestrasse 47 | |
8002 Zürich | |
Switzerland | |
Phone: | +41 43 544 7080 |
E-mail: | office@helvetica.com |
Internet: | www.helvetica.com |
ISIN: | CH0495275668 |
Valor: | 49527566 |
EQS News ID: | 1340513 |
End of News | EQS News Service |