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Merger of Burkhalter Holding Ltd with poenina holding ltd successfully completed

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Burkhalter Holding AG / Key word(s): Capital Increase/Mergers & Acquisitions

30-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.

After the Annual General Meetings of the two companies approved the corresponding proposals in May 2022, Burkhalter Holding Ltd has merged with poenina holding ltd. The associated capital increase took place with yesterday’s entry in the commercial register. The new shares will be traded on the SIX Swiss Exchange for the first time today.

As a result of yesterday’s capital increase, Burkhalter’s share capital increased by 4,227,466 registered shares with a par value of CHF 0.04 each to 10,225,615 registered shares, which corresponds to a share capital of CHF 409,024.60. Based on the share price on 29 June 2022, the market capitalisation will increase to around CHF 700 million.

Zürcher Kantonalbank oversaw the merger as lead manager.

Burkhalter and poenina jointly generated operating revenues of around CHF 930 million, an EBIT of around CHF 50 million and a profit of around CHF 41 million in the last financial year. For further information on the merger, please see the prospectus published today: www.burkhalter.ch/en/about-us/investor-relations/publications

«The merger with poenina holding ltd has transformed us from an electrical engineering company into a building technology company. As such, our long-term aim is to contribute to the implementation of the Swiss Federal Government’s Energy Strategy 2050 and to increase energy efficiency in the Swiss building stock», says Gaudenz F. Domenig, Chairman of the Board of Directors of the Burkhalter Group.

Download media release as PDF here

Media contact:
Burkhalter Holding Ltd
Elisabeth Dorigatti, Head of Communication, Sustainability and Investor Relations
+41 44 439 36 33

e.dorigatti@burkhalter.ch www.burkhalter.ch


End of ad hoc announcement

Language:

English

Company:

Burkhalter Holding AG

Hohlstrasse 475

8048 Zürich

Switzerland

Internet:

www.burkhalter.ch

ISIN:

CH0212255803

Valor:

21225580

Listed:

SIX Swiss Exchange

EQS News ID:

1387233


 

End of Announcement

EQS News Service

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