19.05.2022

Advestra advises on the placement of shares of SIG Group AG

SIG Group suc­cess­fully placed newly issued shares rais­ing gross pro­ceeds of approx­im­ately CHF 213 mil­lion by way of an accel­er­ated book­build­ing through the place­ment of 11 mil­lion new shares at a price of CHF 19.40 per new share. SIG intends to use the net pro­ceeds from the cap­it­al increase to fund, in part, the acquis­i­tions of Scholle IPN and Ever­green Asia, which were announced on 1 Feb­ru­ary 2022 and 5 Janu­ary 2022, respect­ively. UBS and Gold­man Sachs were act­ing as Joint Glob­al Coordin­at­ors and Octavi­an as Selling Agent in the con­text of the share placement.

Advestra acted as leg­al coun­sel to SIG Group. The team included Sandro Fehl­mann, Thomas Reut­ter, Annina Ham­mer and Levy Corba (all Cap­it­al Markets).