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HSO Fund – Capital increase of up to a maximum of CHF 30 million

·4-min read

Helvetica Property / Key word(s): Funds/Real Estate

06-Oct-2021 / 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.

Press release October 6, 2021

Press release (PDF)

Zurich, October 6, 2021 - The fund management company Helvetica Property Investors AG will launch a capital increase for the Helvetica Swiss Opportunity Fund on October 11, 2021.

The fund management company will carry out a capital increase of up to a maximum of CHF 30 million for the HSO Fund in the period from October 11 to 29, 2021, 12.00 CEST. Each existing share will be allotted one (1) subscription right. Four (4) 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 increases the number of outstanding shares from 1,000,000 to a maximum of 1,250,000 shares. The issue price is CHF 120.26 net per new share and has been determined in accordance with the fund contract (Art. 17 No. 3). The exact number of new shares to be issued will be determined after the subscription period based on the subscriptions received.

There will be no trading in subscription rights. Subscription rights which have not been exercised during the subscription period will expire with no value after October 29, 2021, 12:00 noon CEST. The payment of the newly issued shares will take place on November 5, 2021.

The proceeds from the capital increase will be used to expand the high-quality portfolio of properties. Various attractive properties which are in line with the acquisition strategy are, partly exclusively, in the pipeline.

In the mid-term, a listing of the HSO Fund on the SIX Swiss Exchange is planned until the end of 2023. The fund is currently traded over-the-counter by Bank J. Safra Sarasin Ltd.

This announcement does not constitute an issuing prospectus according to article 35 ff. of the Financial Services Act.

Media contact

Mirjam Nägeli
Media Relations
T +41 43 444 77 92
mn@Helvetica.com

Salman Baday
Head Sales Schweiz
+41 43 544 70 95
sb@Helvetica.com

Details of the capital increase

Issue volume

Maximum CHF 30.1 million

Subscription ration

04:01

Number of existing shares

1'000'000

Number of new shares

Maximum 250'000

Issue price per share

CHF 120.26 net (including issuing commission)

Subscription rights trading

No subscription rights trading

Subscription period

October 11 - 29, 2021, 12.00 noon CEST

Allocation

November 01, 2021

Payment date

November 05, 2021

Shares valor number / ISIN / Symbol

43 472 505 / CH0434725054 / HSO

Subscription rights valor number / ISIN

113453354 / CH1134533541 / HSO1

Use of proceeds

The additional equity will be used to invest in attractive real estate assets
in line with the HSO Fund's investment strategy.

Fund management company

Helvetica Property Investors AG, Zurich

Custodian Bank

Bank J. Safra Sarasin AG, Basel

Real estate valuation experts

Wüest Partner AG, Zurich

Auditors

PricewaterhouseCoopers AG, Zurich

All relevant documents concerning the capital increase can be found under the website of the fund management company or under Swiss Fund Data.

About Helvetica
Helvetica Property Investors AG is a leading real estate fund management company and asset management firm. We deliver sustainable value to our clients through active, long-term ownership of safe and stable real estate investments. With a fully integrated real estate investment platform, we are able to provide both standardized investment products and customized investment plans. We are proud of our longstanding reputation for outstanding client service and dedication to responsible ownership. Our firm is approved and regulated by the Swiss Financial Market Supervisory Authority FINMA.

About Helvetica Swiss Opportunity Fund
The HSO Fund is a Swiss real estate fund open exclusively to qualified investors. The HSO Fund invests in special purpose properties in the Swiss economic centers. The focus is on fully let properties with long-term leases and few tenants generating stable income. The investment objective is mainly the long-term preservation of value and the distribution of reasonable profits. The fund share units can be traded over-the-counter. The HSO Fund is approved by the Swiss Financial Market Supervisory Authority, FINMA.

Ticker Symbol HSO; security 43 472 505; ISIN CH0434725054

Disclaimer
This press release does neither constitute an issuance prospectus in the sense of art. 652a or art. 1156 of the Swiss Code of Obligations nor a prospectus, a simplified prospectus or a basic information leaflet (key investor information document; KIID) in the sense of the Swiss Act on Collective Investment Schemes. The units of the HSO Fund may not be publicly offered or advertised in Switzerland. The documents that are solely relevant for an investment decision, the prospectus and the simplified prospectus, can be obtained from Helvetica Property Investors AG following the launch of the offer.

Helvetica Property Investors AG
Brandschenkestrasse 47
CH-8002 Zürich
T +41 43 544 70 80
www.helvetica.com

Passion for Real.


End of ad hoc announcement

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

Listed:

SIX Swiss Exchange

EQS News ID:

1238586


 

End of Announcement

EQS Group News Service

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