SF Sustainable Property Fund – Capital increase of up to CHF 61.91 million in May 2020
In the period between 25 May and 10 June 2020 (midday), SFP Funds AG is carrying out a capital increase of up to CHF 61.91 million on behalf of the SF Sustainable Property Fund. Thirteen (13) current shares provide an entitlement to the acquisition of one (1) new share at an issue price of CHF 122.00 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 25 May and 8 June 2020. The issue of new shares is limited to 507 488 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 12 June 2020. Payment for the shares to be newly issued will take place on 16 June 2020.
The proceeds from the issue will be used for the increase and diversification of the real estate portfolio.
Terms and Conditions
Emission volume: Max. 507 488 shares
Subscription period: From 25.05.2020 until 10.06.2020, 12:00 MEZ
Emission price: CHF 122.00 net per new share
Subscription ratio: 13:1 – Thirteen (13) current shares provide entitlement to the acquisition of one (1) new share
Trade in subscription rights: Subscription rights will be traded at SIX Swiss Exchange during 25.05.2020 until 8.06.2020
Payment in full: 16.06.2020
Valor / ISIN Share: 12 079 125 / CH012 079 125 3
Valor / ISIN Rights: 54 633 573 / CH054 633 573 5
Depot Bank: Credit Suisse AG, Zurich