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    EPIC Suisse AG  131  0 Kommentare EPIC Suisse AG announces partial exercise of Over-Allotment Option in connection with IPO

    EPIC Suisse AG / Key word(s): IPO
    EPIC Suisse AG: EPIC Suisse AG announces partial exercise of Over-Allotment Option in connection with IPO

    27-Jun-2022 / 07:00 CET/CEST
    Release of an ad hoc announcement pursuant to Art. 53 LR
    The issuer is solely responsible for the content of this announcement.


    Not for release, publication or distribution in whole or in part in or into the United States, Canada, Australia or Japan or any other jurisdiction in which the distribution or release would be unlawful.

     FOR RELEASE IN SWITZERLAND – NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION IN WHOLE OR IN PART IN OR INTO THE UNITED STATES, CANADA, AUSTRALIA OR JAPAN.

    Media release - Ad hoc announcement pursuant to Art 53. LR

     

    Zurich, 27 June 2022

    EPIC Suisse AG announces partial exercise of Over-Allotment Option in connection with IPO

    EPIC Suisse AG (the “Company” or “EPIC”, the consolidated group), a Swiss real estate property company, today announces that the Joint Global Coordinators have partially exercised the Over-Allotment Option granted in connection with its Initial Public Offering (IPO) at the offer price of CHF 68 per share.

    On 25 May 2022, the shares of EPIC (ticker symbol: EPIC) were listed and admitted to trading on SIX Swiss Exchange. On 24 June after market close, the Joint Global Coordinators, acting on behalf of the syndicate, have partially exercised the Over-Allotment Option in the amount of 143,509 new shares. The Over-Allotment Shares will be issued by the Company out of authorized share capital in a capital increase expected to be completed on or around 28 June 2022.

    Including the shares placed in connection with the Over-Allotment Option, a total of 2,830,076 shares have been sold in the IPO of EPIC at a price of CHF 68 per share, resulting in gross proceeds for EPIC of CHF 192 million in total.

    Founders and current shareholders Alrov Properties & Lodgings Ltd. and the Greenbaum Family[1] did not sell any shares in the IPO and remained fully invested and committed to the long-term development of EPIC. The principal shareholders have agreed to a lock-up ending 12 months after the first trading day.

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    EPIC Suisse AG EPIC Suisse AG announces partial exercise of Over-Allotment Option in connection with IPO EPIC Suisse AG / Key word(s): IPO EPIC Suisse AG: EPIC Suisse AG announces partial exercise of Over-Allotment Option in connection with IPO 27-Jun-2022 / 07:00 CET/CEST Release of an ad hoc announcement pursuant to Art. 53 LR The issuer is solely …