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Switzerland: EGS Beteiligungen raises stake in Siegfried with exercise of convertible bond  

Switzerland: EGS Beteiligungen raises stake in Siegfried with exercise of convertible bond  

EGS Beteiligungen, the investment arm of the Ernst Göhner Foundation, has exercised its right to convert Siegfried convertible bonds issued in December 2020 with a coupon of 1.15% and a nominal value of CHF40m (US$47m) into shares of global life sciences company, Siegfried Holding. The Swiss investor receives 48,054 shares, increasing its stake in Siegfried...

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Switzerland: EGS Beteiligungen raises stake in Siegfried with exercise of convertible bond  

Switzerland: EGS Beteiligungen increases stake in Siegfried with exercise of CB

Swiss investor, EGS Beteiligungen, has increased its stake in Swiss CDMO Siegfried from 5% to around 6.2% following the exercise of its right to convert one of Siegfried’s convertible bonds issued in December 2020 with a coupon of 0.65% and a nominal value of CHF40m (US$45m) into shares of Siegfried. The investor will receive 51,899...