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 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...