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EEII AG publishes listing prospectus for major capital increase and share split

Story Highlights
  • EEII AG released a listing prospectus for new shares linked to a capital increase and 1:2 share split.
  • Completion of the Jubin Frères acquisition and capital increase depends on shareholder and regulatory approvals.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
EEII AG publishes listing prospectus for major capital increase and share split

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EEII AG ( (CH:EEII) ) has shared an update.

EEII AG has published a listing prospectus for up to 10,771,363 bearer shares with a nominal value of CHF 7.10 each, tied to a planned capital increase and a 1-for-2 share split of its currently unlisted bearer shares. The new shares are intended to finance the acquisition of Jubin Frères S.A. via a contribution in kind alongside a cash contribution, providing investors with detailed financial information on the combined group.

The transaction’s completion is contingent on multiple conditions, including final binding agreements with Swiss Energy Holding SA, an independent valuation of Jubin Frères S.A., shareholder approval for the cash capital increase, and the successful listing of the company’s currently unlisted shares. Regulatory clearances, notably from SIX Exchange Regulation AG, will also be required, meaning the timetable and final structure of the capital increase and listing remain subject to change.

The most recent analyst rating on (CH:EEII) stock is a Sell with a CHF2.00 price target. To see the full list of analyst forecasts on EEII AG stock, see the CH:EEII Stock Forecast page.

More about EEII AG

EEII AG is a Switzerland-based investment company listed on the SIX Swiss Exchange, specialising in energy and infrastructure assets. Its strategy targets long-term returns through stakes in enterprises active in automotive fuel retailing and convenience-store operations at filling stations, with a geographic focus on Switzerland and broader Europe.

Average Trading Volume: 272

Technical Sentiment Signal: Sell

Current Market Cap: CHF2.29M

Find detailed analytics on EEII stock on TipRanks’ Stock Analysis page.

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