Capital increase of the Helvetica Swiss Opportunity Fund of up to CHF 40 million
In the period from March 21 to March 31, 2022, 12:00 CEST, a capital increase of up to a maximum of CHF 40 million will be carried out. One (1) subscription right will be allocated to each existing share. Four (4) subscription rights entitle to subscribe one (1) new share against payment of the issue price in Swiss francs. In total, a maximum of 312,500 new shares will be issued. This will increase the number of 1,250,000 shares in circulation to a maximum of 1,562,500 shares. The issue price is CHF 126.91 net per new share and has been determined in accordance with the fund contract (Art. 17 No. 3). The exact number of new shares to be issued will be determined after the subscription period, based on the subscriptions received.
There will be no trading in subscription rights. Subscription rights that have not been exercised during the subscription period will expire with no value after March 31, 2022, 12:00 noon CEST. The payment of the newly issued shares will take place on April 07, 2022.
The proceeds from the capital increase will be used to further expand the high-quality existing portfolio. Various attractive acquisition properties in line with the strategy are in the pipeline, some already exclusively.
The fund units are currently traded over-the-counter by Bank J. Safra Sarasin Ltd.
All relevant documents concerning the capital increase can be found on our the website or under Swiss Fund Data.
This media release does not constitute an issuing prospectus according to article 35 et seq. of the Federal Act on Financial Services.
Media contacts
Mirjam Nägeli | Salman Baday Head Sales & Marketing +41 43 544 70 95 sb@helvetica.com |
| DETAILS OF THE CAPITAL INCREASE | |
| Issue volume | Maximum CHF 39.7 million |
| Subscription ratio | 4 :1 |
| Number of existing shares | 1,250,000 |
| Number of new shares | Maximum 312,500 |
| Issue price per share | CHF 126.91 net (including issuing commission) |
| Subscription rights trading | No subscription rights trading |
| Subscription period | March 21 – March 31 2022, 12.00 Noon CEST |
| Allocation | April 01, 2022 |
| Payment date | April 07, 2022 |
| Shares valor number / ISIN / Symbol | 43472505 / CH0434725054 / HSO |
| Subscription rights valor number / ISIN | 116358462 / CH1163584621 / HSO1 |
| Use of proceeds | The capital will be used to invest in attractive real estate properties in line with the HSO Fund's investment policy. |
| Fund management company | Helvetica Property Investors AG, Zürich |
| Custodian Bank | Bank J. Safra Sarasin AG, Basel |
| Real estate valuation experts | Wüest Partner AG, Zürich |
| Auditors | PricewaterhouseCoopers AG, Zurich |
| Lead Manager | Bank J. Safra Sarasin AG, Basel |
About Helvetica
Helvetica Property Investors AG is a leading real estate fund management company and asset management firm. We deliver sustainable value to our clients through active, long-term ownership of safe and stable real estate investments. With a fully integrated real estate investment platform, we are able to provide both standardized investment products and customized investment plans. We are proud of our longstanding reputation for outstanding client service and dedication to responsible ownership. Our firm is approved and regulated by the Swiss Financial Market Supervisory Authority FINMA.
Helvetica Swiss Opportunity Fund
The HSO Fund is a Swiss real estate fund open exclusively to qualified investors. The HSO Fund invests in special purpose properties in the Swiss economic centers. The focus is on fully let properties with long-term leases and few tenants generating stable income. The investment objective is mainly the long-term preservation of value and the distribution of reasonable profits. The fund share units can be traded over-the-counter. The HSO Fund is approved by the Swiss Financial Market Supervisory Authority, FINMA. Ticker Symbol HSO; security 43 472 505; ISIN CH0434725054
Ticker Symbol HSO; Valor 43 472 505; ISIN CH0434725054