INTERNATIONAL. Dufry expects to receive gross proceeds of around CHF 810 million (US$906 million) from a new share offer. The proceeds will finance a portion of the planned acquisition of The Nuance Group, announced on 4 June. The offer price is CHF162.00 per new share, the company said.
As reported recently, the capital increase was approved by an extraordinary general meeting on 26 June. Yesterday Dufry noted that 3,623,976 new shares were subscribed for by existing shareholders, while 1,376,024 new shares were purchased by investors in the international offering.
After the capital increase, the share capital of Dufry amounts to CHF179,525,280 divided into 35,905,056 registered shares with a nominal value of CHF5.00 each.
The new shares are expected to be listed and eligible for trading on SIX Swiss Exchange as of tomorrow, 9 July. The settlement and delivery of the new shares against payment of the offer price is expected to occur on 14 July.