In the period between 11 November and 26 November 2019 (midday), the Swiss Finance & Property Funds AG is carrying out a capital increase of up to CHF 53.16 million on behalf of the SF Retail Properties Fund. Eleven (11) current shares provide an entitlement to the acquisition of one (1) new share at an issue price of CHF 105.00 net each. The issue is being carried out as a commission business on best effort basis within the context of a public acquisition offer in Switzerland. Acquisition rights can be bought and sold during the period between 11 November and 22 November 2019. The issue of new shares is limited to 506 250 at most, whereby the issue amount will be reduced accordingly. Shares not subscribed to will not be issued, reducing the issue amount. The precise number of shares to be newly issued will be determined following the end of the acquisition period based on the subscriptions received. The fund management will inform investors about the definitive number of newly issued shares on 27 November 2019. Payment for the shares to be newly issued will take place on 29 November 2019.
The proceeds from the issue will be used for the increase and diversification of the real estate portfolio.