Announcement | MCH Group | Extraordinary General Meeting 27 November 2020 | Results - Seite 2

“We are looking forward to working together”, said James Murdoch, CEO and founder of Lupa Systems. “We will do our utmost to justify the confidence placed in us as a new anchor investor and as members of the Board of Directors and to contribute to the company's successful turnaround and strategic progress.”

First tranche of capital increases

As decided by the Extraordinary General Meeting, capital increases for a total of up to CHF 104.5 million will be conducted in two tranches. In the first tranche, the share capital will be increased by a nominal amount of CHF 20 million through the issue of two million new shares with an issue price of CHF 15.00 each, honouring the subscription rights of shareholders.

In this first tranche, the entitled holders of subscription rights can acquire new MCH shares under the conditions set out in the prospectus. One subscription right is allocated for each MCH share held after the close of trading on 27 November 2020. Three subscription rights entitle the holder to acquire one new MCH share. The subscription rights are transferable but are not traded on the stock exchange. Subscription rights that are not exercised within the subscription period expire without compensation and can no longer be exercised or taken into account.

All the subscription rights of the public-sector entities with a stake in MCH Group will be exercised by the Canton of Basel-Stadt in this first tranche. Subscription rights of other shareholders that are not exercised will be allocated to the Canton of Basel-Stadt or used in the interests of the company.

The subscription period for this first tranche of the approved capital increases runs from 30 November to 12:00 noon (CET) on 4 December 2020. The first trading day of the new registered shares is 9 December 2020. The terms of the second tranche of the capital increases will be announced on 7 December 2020.

The transaction is being accompanied by the Zürcher Kantonalbank as lead manager.

Further information

MCH Group is disclosing the following further information in advance in conjunction with the publication of the prospectus:

MCH Group has entered into a non-binding term sheet with a strategic partner to establish a joint venture company with its registered seat in Basel, Switzerland. The purpose of the joint venture company would be the organization and launch of B2B exhibitions and events primarily in MCH Group's venues in Switzerland.