NOT FOR PUBLICATION, DISTRIBUTION OR RELEASE, DIRECTLY OR INDIRECTLY, IN OR INTO THE UNITED STATES OF AMERICA, CANADA, AUSTRALIA OR JAPAN OR ANY OTHER JURISDICTION IN WHICH THE DISTRIBUTION OR RELEASE WOULD BE UNLAWFUL. Lalique Group announces result of its rights offering Zurich, 21 June 2018 – Lalique Group (BX: LLQ), which is active in the creation, development, marketing and worldwide distribution of luxury goods, today announced that 1,000,000 new shares will be issued in connection with the rights issue. As previously announced, the switch of listing of the Lalique Group shares from BX Swiss to SIX and the first trading day at SIX are planned to coincide with the completion of the capital increase on 25 June 2018. Within the framework of the capital increase approved by the ordinary Annual General Meeting on 8 June 2018, existing shareholders were offered up to 1,000,000 new shares. They were granted subscription rights, entitling them to subscribe to one new share in Lalique Group for every five shares held at an offer price of CHF 30. Up to the end of the subscription period at 12 noon (CEST) on 20 June 2018, subscription rights for 988,732 new shares were validly exercised, corresponding to 98.9% of the newly offered shares.
Subsequent to the subscription period, shares to be issued from the capital increase for which the subscription rights were not exercised were offered for purchase to new investors and existing shareholders. By means of a book-building process, 11,268 new shares were placed at a price of CHF 40.
The issue of a total of 1,000,000 new shares with a nominal value of CHF 0.20 each increases the issued share capital of Lalique Group to CHF 1,200,000, divided into 6,000,000 shares.
The capital increase serves mainly to further strengthen the Group's balance sheet. Accordingly, Silvio Denz, Chairman of the Board of Lalique Group and majority shareholder, is converting shareholder loans of CHF 21,612,000 granted to the company into a total of 720,400 new shares. After completion of the transaction, Silvio Denz will hold a stake of 72.04% in Lalique Group, while the company's free float will amount to 27.96%.
The gross proceeds of the capital increase (without conversion of the shareholder loans) of CHF 8,500,680 will increase the company's liquid assets, further enhancing its flexibility with regard to investments in the business. Delivery of the new shares against payment of the subscription price is set for Monday, 25 June 2018. Listing and first trading day of shares at SIX on Monday, 25 June 2018
As previously announced, the switch of listing of the Lalique Group shares from BX Swiss to SIX is timed to coincide with the completion of the capital increase. Listing and first trading day at SIX (SIX: LLQ) are planned for Monday, 25 June 2018. The last trading day and delisting from the BX Swiss are expected to be on Friday, 22 June 2018. Media contact Lalique Group SA
Esther Fuchs
Senior Communication & PR Manager
Grubenstrasse 18 CH-8045 Zurich
Telephone: +41 43 499 45 58
esther.fuchs@lalique-group.com Lalique Group SA Lalique Group is a niche player in the creation, development, marketing and global distribution of luxury goods. Its business areas comprise perfumes, cosmetics, crystal, jewellery, high-end furniture and living accessories, along with art, gastronomy and hospitality. Founded in 2000, the company employs approx. 600 staff and has its headquarters in Zurich. The Lalique brand, from which the Group derives its name, was created in Paris in 1888 by the master glassmaker and jewellery designer René Lalique. You can find further information at www.lalique-group.com. Disclaimer
This publication constitutes neither an offer to sell nor a solicitation to buy securities of Lalique Group SA (the "Company") and it does not constitute a prospectus or a similar communication within the meaning of article 752, 652a and/or 1156 of the Swiss Code of Obligations or a listing prospectus within the meaning of the listing rules of the BX Swiss or the SIX Swiss Exchange. The offer and listing will be made solely by means of, and on the basis of, an offering and listing prospectus which is to be published. An investment decision regarding the
publicly offered securities of the Company should only be made on the basis of the offering and listing prospectus. The offering and listing prospectus is expected to be published on or around 13 June 2018 and will be available free of charge at Lalique Group SA, Grubenstrasse 18, 8045 Zurich, Switzerland (telephone number:
+41 43 499 45 00, email: info@lalique-group.com). Investors are furthermore advised to consult their bank or financial adviser before making any investment decision.
This communication is being distributed only to, and is directed only at (i) persons outside the United Kingdom, (ii) persons who have professional experience in matters relating to investments falling within article 19(5) of the Financial Services and Markets Act 2000 (Financial Promotion) Order 2005 (the "Order") or (iii) high net worth entities, and other persons to whom it may otherwise lawfully be communicated, falling within Article 49(2) of the Order (all such persons together being referred to as "Relevant Persons"). Any investment or investment activity to which this communication relates is available only to Relevant Persons and will be engaged in only with Relevant Persons. Any person who is not a Relevant Person must not act or rely on this communication or any of its contents.
This communication does not constitute an "offer of securities to the public" within the meaning of Directive 2003/71/EC of the European Union (the "Prospectus Directive") of the securities referred to in it (the "Securities") in any member state of the European Economic Area (the "EEA"). Any offers of the Securities to persons in the EEA will be made pursuant to an exemption under the Prospectus Directive, as implemented in member states of the EEA, from the requirement to produce a prospectus for offers of the Securities.
The securities referred to herein have not been and will not be registered under the US Securities Act of 1933, as amended (the "Securities Act"), and may not be offered or sold in the United States or to US persons (as such term is defined in Regulation S under the Securities Act) unless the securities are registered under the Securities Act, or an exemption from the registration requirements of the Securities Act is available. The issuer of the securities has not registered, and does not intend to register, any portion of the offering in the United States, and does not intend to conduct a public offering of securities in the United States.
This communication is not for distribution in the United States, Canada, Australia or Japan. This communication does not constitute an offer to sell, or the solicitation of an offer to buy, securities in any jurisdiction in which is unlawful to do so.
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