Shares of SFS Group AG (SFSN) open at CHF 67.00

Zurich - 7 May 2014

Today, the shares of SFS Group AG (“SFS”) were traded for the first time under the “Main Standard” of SIX Swiss Exchange, opening at CHF 67.00. This corresponds to a total market capitalization of around CHF 2.5 billion.

The issued share capital of SFS now comprises 37,500,00 registered shares with a nominal value of CHF 0.10 per share. SFS issued 5,057,500 new registered shares in the offering, thereby raising approx. CHF 324 million in gross proceeds (before exercise of the over-allotment option). In addition to the newly issued shares, 4,951,410 registered shares were sold by existing shareholders in the base offering. Furthermore, existing shareholders have granted the underwriters an over-allotment option of up to 992,420 additional registered shares, which can be exercised within 30 days after the first day of trading in shares of SFS.

The SFS Group is a global market leader for mechanical fastening systems and precision formed components. Based on a focused set of core technologies SFS serves diversified end markets, including the automotive, construction/construction supply, electrical/electronics, aerospace and medical components industry. In addition to the development and manufacture of products under the SFS intec, GESIPA and Unisteel brands, the SFS Group offers distribution and logistics solutions under the SFS unimarket brand. The focus on the needs of the customers has shaped the SFS culture since 1928. The tailored solutions contribute to customers’ competitiveness and generate added value. The SFS Group is headquartered in Heerbrugg (Switzerland). It is present with more than 70 sales offices and manufacturing sites in Europe, North America and Asia.

With an opening price of CHF 67, SFS is now listed on SIX Swiss Exchange and so is able to tap into the international capital market.

With the IPO of SFS (SFSN), the Swiss Stock Exchange has gained one of the leading companies worldwide for mechanical fastening systems and precision formed components. It supplies various markets, including the automotive, construction, construction supply, electrical, electronic, aerospace and medical technology industries. At the start of trading, the price of the listed shares stood at CHF 67, which corresponds to a total market capitalization of CHF 2.5 billion. SFS is listed in the Main Standard and has been included in the SPI®.

Broader shareholder base

"Through the IPO, SFS Group is seeking to enhance its growth, broaden its shareholder base and secure a sustainable long-term future for the company as an independent entity", explains Heinrich Spoerry, Executive Chairman of the Board and CEO of SFS Group. "The company is well prepared for this step. For some years already, its business performance, accounting transparency and corporate governance standards have met the requirements of a listed company. I look forward to the additional growth opportunities that today's listing on SIX Swiss Exchange will enable."

Gateway to the capital market

A listing on SIX Swiss Exchange provides companies with access to strongly capitalized Swiss and international investors. "SFS is the third company this year choosing to float on SIX Swiss Exchange in order to realize its growth plans", says Marco Estermann, Head of Issuer Relations. "We are supporting these plans with an efficient capital raising process and various services, such as individual support in the field of investor relations." Earlier this year, the Thurgauer Kantonalbankand Bravofly Rumbo Group have successfully joined the Swiss exchange.

Become a bobsguide member to access the following

1. Unrestricted access to bobsguide
2. Send a proposal request
3. Insights delivered daily to your inbox
4. Career development