mobilezone holding ag carries out capital increase
Niederer Kraft Frey advised mobilezone holding ag and Bank Vontobel AG, as Sole Lead Manager, in connection with mobilezone holding ag’s rights offering that launched on 14 March 2018. Existing shareholders were offered up to 8,585,516 new registered shares at a subscription price of CHF 9.50 per new share. The offering generated gross proceeds of CHF 81.6 million. The rights offering was settled on 27 March 2018.
mobilezone is the leading independent telecom specialist in Switzerland and Germany with sales of CHF 1,172 million and a consolidated profit of CHF 35.2 million in fiscal year 2017.
Bank Vontobel AG is a globally operating financial expert with its headquarters in Zurich, Switzerland. It specialises in asset management for private and institutional investors as well as investment banking.
The NKF team was led by Capital Markets partners Philippe Weber and Thomas M. Brönnimann working with Deirdre Ní Annracháin, associate and Pascal Hodel, junior associate.