HSO Fund launches capital increase up to a maximum of CHF 28 million
EQS Group-News: Helvetica Property
/ Key word(s): Funds/Real Estate
Press release 03 June 2021 Zurich, 03 June 2021 - The fund management company will launch a capital increase for the Helvetica Swiss Opportunity Fund (HSO Fund; ISIN CH0434725054) up to a maximum of The fund management company will carry out a capital increase of up to CHF 27.7 from 07 until 25 June 2021, 12.00 noon CEST. Each existing share will be allotted one (1) subscription right. (3) subscription rights entitle the subscription of one (1) new share against payment of the issue price in Swiss Francs. In total a maximum of 250,000 new shares will be issued. This will increase the total number of outstanding shares from 750,000 to a maximum of 1,000,000 shares. The net issue price will be CHF 110.74 for each new share. The issue price was calculated according to the fund contract (§ 17 para. 3). The exact number of newly issued shares will be determined after the end of the subscription period, based on the number of subscriptions received. There will be no trading of subscription rights. Subscription rights that have not been exercised during the subscription period will expire with no value after 25 June 2021, 12.00 noon CEST. Payment for the subscribed new shares will be due on 30 June 2021. The inflow of funds from the capital increase will enable the further expansion of the fund and the acquisition of five already secured properties worth approximately CHF 76 million. The fund company certifies the sustainability of its portfolio properties by an independent body. The DGNB (German Sustainable Building Council) certification "Buildings in Operation" is gradually being rolled out for existing properties, thereby increasing reporting transparency and the sustainable development of the real estate portfolio. This announcement does not constitute an issuing prospectus according to article 35 ff. of the Swiss federal law for financial services. Media contact
All relevant documents concerning the capital increase can be found under swissfunddata.ch or Helvetica.com. About Helvetica About Helvetica Swiss Opportunity Fund Ticker Symbol HSO; security 43 472 505; ISIN CH0434725054 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: | CH0434725054 |
Valor: | 43472505 |
EQS News ID: | 1203880 |
End of News | EQS Group News Service |
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1203880 03.06.2021