SIX listed Züblin Immobilien Holding AG successfully placed 1’433’387’664 new registered shares in the capital increase at the offer price of CHF 0.05 per offered share. 1’323’868’992 new registered shares corresponding to 92.36% of the total shares offered were subscribed by Lamesa Holding S.A, owned by Viktor F. Vekselberg, and other investors by exercising pre-emptive rights during the rights exercise period while the remaining 109’518’672 new registered shares were placed in the share offering and purchased by Lamesa Holding S.A. Lamesa’s shareholding in Züblin thereby increased to 37.44% following the capital increase.

The net proceeds of approximately CHF 70 million will be used to repay the shareholder loan granted by Lamesa Holding S.A., for the financing of potential acquisitions to further develop and grow Züblin’s investment portfolio and for other corporate purposes.

VISCHER advised Lamesa Holding S.A. in this transaction. The VISCHER team comprised Robert Bernet (lead), Dr. Markus Guggenbühl, Dr. Jana Essebier, Dr. Peter Kühn and Julian Merz.