Meyer Burger successfully completes its capital increase with gross proceeds of CHF 206.75 million

Ad hoc announcement pursuant to Art. 53 LR
Thun, April 3, 2024

NOT FOR PUBLICATION, DISTRIBUTION OR RELEASE, DIRECTLY OR INDIRECTLY, IN OR INTO THE UNITED STATES OF AMERICA OR ANY OTHER JURISDICTION IN WHICH THE DISTRIBUTION OR RELEASE WOULD BE UNLAWFUL
 

Meyer Burger successfully completes its capital increase with gross proceeds of CHF 206.75 million

Following its rights offering, Meyer Burger Technology AG ("Meyer Burger" or the "Company") has placed all 496,302,442 new shares for which subscription rights were not exercised during the subscription period with various institutional investors. The placement price was CHF 0.0207 per share, which corresponds to the closing price on the SIX Swiss Exchange on April 2, 2024.

Together with the 19,648,121,444 new shares for which subscription rights have been exercised as announced yesterday, the Company will issue 20,144,423,886 new registered shares in connection with its capital increase and raise gross proceeds of CHF 206.75 million.

The first trading day of the new shares on the SIX Swiss Exchange is expected to be April 5, 2024. Delivery of the new shares against payment of the subscription or placement price, as applicable, is expected to occur on April 5, 2024, as well. Immediately following the consummation of the capital increase, the total share capital of Meyer Burger is expected to amount to CHF 237,416,424.37 divided into 23,741,642,437 registered shares with a nominal value of CHF 0.01 each.

Media contacts

Meyer Burger Technology AG
Anne Schneider
Head Corporate Communications
M. +49 174 349 17 90 
anne.schneider@meyerburger.com

Alexandre Müller
Investor Relations
M. +41 43 268 3231
alexandre.mueller@meyerburger.com

This document constitutes advertising in accordance with article 68 of the Swiss Financial Services Act.

This publication may contain specific forward-looking statements, e.g. statements including terms like "believe", "assume", "expect", "forecast", "project", "may", "could", "might", "will" or similar expressions. Such forward-looking statements are subject to known and unknown risks, uncertainties and other factors which may result in a substantial divergence between the actual results, financial situation, development or performance of Meyer Burger Technology AG and those explicitly or implicitly presumed in these statements. Against the background of these uncertainties, readers should not rely on forward-looking statements. Meyer Burger Technology AG assumes no responsibility to update forward-looking statements or to adapt them to future events or developments. Except as required by applicable law, Meyer Burger Technology AG has no intention or obligation to update, keep updated or revise this publication or any parts thereof following the date hereof.

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This document is not an offer to sell or a solicitation of offers to purchase or subscribe for any securities. This document is not a prospectus within the meaning of the Swiss Financial Services Act and not a prospectus under any other applicable laws. Copies of this document may not be sent to jurisdictions, or distributed in or sent from jurisdictions, in which this is barred or prohibited by law. The information contained herein shall not constitute an offer to sell or the solicitation of an offer to buy any securities, in any jurisdiction in which such offer or solicitation would be unlawful prior to registration, exemption from registration or qualification under the securities laws of any jurisdiction. The securities referred to herein have already been sold.

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