Burkhalter Group announces successful completion of capital increase
August 29, 2023 at 11:43 am EDT
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Burkhalter Holding AG / Key word(s): Capital Increase
Burkhalter Group announces successful completion of capital increase
29-Aug-2023 / 17:40 CET/CEST
Release of an ad hoc announcement pursuant to Art. 53 LR
The issuer is solely responsible for the content of this announcement.
In signing the contract on 29 June 2023 to acquire all shares in Riggenbach AG, ventilation and air-conditioning technology, based in Olten (SO) and its branch offices in Brugg (AG) and Solothurn (SO), the Burkhalter Group pledged to pay a portion of the purchase price in listed Burkhalter Holding Ltd registered shares.
Burkhalter Holding Ltd has now successfully completed the corresponding capital increase by issuing a total of 148,774 new registered shares with a par value of CHF 0.04 each from the existing capital band. As a result, the company’s share capital now amounts to CHF 424,885.20, divided into 10,622,130 registered shares with a par value of CHF 0.04 each. The first trading day for the new shares on the SIX Swiss Exchange will be 30 August 2023.
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Contact: Burkhalter Holding Ltd
Elisabeth Dorigatti, Head of Corporate Communication, Sustainability and Investor Relations
+41 44 439 36 33 e.dorigatti@burkhalter.chwww.burkhalter.ch/en
Burkhalter Holding AG is a Switzerland-based company engaged in the distribution and installation of electrotechnical and telecommunication engineering systems. It directs its offering at the construction industry. The Company operates through the electric engineering segment, divided into six service areas: Installations, covering the electric installations and systems in residential and commercial properties, as well as industrial plants; Switchboards, providing the development, planning and montage of bespoke switchgears; Services, engaged in the maintenance of the installed systems and installations; Telematics, active in the field of cabling, information technology (IT) networks, client server systems and Voice over Internet Protocol (VoIP) solutions; Automation, which covers the design, planning, programming and implementation of industrial automation processes, and Security, providing security solutions, such as access control, fire protection and video surveillance.