Burkhalter Holding AG / Key word(s): Capital increase/Mergers & Acquisitions
June 30, 2022 / 07:00 CET/CEST
After the general meetings of both companies approved the corresponding proposals in May 2022, Burkhalter Holding SA merged with poenina holding sa. The associated capital increase took place with yesterday’s entry in the commercial register. The new shares will be traded for the first time today on the SIX Swiss Exchange.
Following yesterday’s capital increase, Burkhalter’s share capital increased from 4,227,466 registered shares with a nominal 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 as of June 29, 2022, the market capitalization will increase to around CHF 700 million.
Zürcher Kantonalbank supervised the merger as lead arranger.
Burkhalter and poenina together generated operating income of approximately CHF 930 million, EBIT of approximately CHF 50 million and profit of approximately CHF 41 million in the past financial year. For more information on the merger, please see the prospectus published today: www.burkhalter.ch/fr/about-us/investor-relations/publications
“The merger with poenina holding ltd transformed us from an electrical engineering company into a building technology company. Thus, our long-term goal is to contribute to the implementation of the Swiss Confederation’s 2050 energy strategy and to increase the energy efficiency of the Swiss building stock”, says Gaudenz F. Domenig, Chairman of the Board of Directors. of the Burkhalter Group. .
Download the press release in PDF format here
End of the ad hoc announcement
|Company:||Burkhalter Holding AG|
|Listed:||SIX Swiss Stock Exchange|
|EQS news ID:||1387233|
|End of announcement||EQS News Service|
1387233 June 30, 2022 CET/CEST
Trends in technical analysis BURKHALTER HOLDING AG
|Short term||Middle term||Long term|
Evolution of the income statement
|Number of analysts||1|
|Last closing price||CHF74.60|
|Average target price||CHF80.00|
|Average Spread / Target||7.24%|