Dufry AG announces that further to the ordinary capital increase approved by the extraordinary general meeting on June 26, 2014, the offer price for the rights offering as well as the international offering was set at CHF 162.00 per new share.
In the rights offering, 3,623,976 new shares were subscribed for by existing shareholders, while 1,376,024 new shares were purchased by investors in the international offering.
Based on the offer price of CHF 162.00 per new share, Dufry expects to receive gross proceeds of approximately CHF 810 million. The proceeds will serve to finance a portion of the planned acquisition of The Nuance Group AG announced on June 4, 2014.
After the capital increase, the share capital of Dufry amounts to CHF 179,525,280 divided into 35,905,056 registered shares with a nominal value of CHF 5.00 each.
The new shares are fully fungible with the outstanding registered shares of Dufry and are expected to be listed and eligible for trading on SIX Swiss Exchange as of tomorrow, July 9, 2014. The settlement and delivery of the new shares against payment of the offer price is expected to occur on July 14, 2014.