Speedel to list its shares on SWX Swiss Exchange on 08 September Speedel is a 2004 Tornado100 Winner
31 August 2005, Basel, Switzerland -- Speedel announced today that it has applied for the listing of its shares on the SWX Swiss Exchange Main Segment, without a public offering. The first trading day has been approved to be Thursday 08 September 2005, and the shares will be traded under the symbol SPPN. The shares to be listed are 6,783,405 currently issued registered shares with a nominal value of CHF 2.00 each. The company is not issuing new shares and is not raising funds at this point in time. The listing also covers conditional capital of up to 1,537,190 registered shares with a nominal value of CHF 2.00 each.
Dr. Alice Huxley, CEO, said: “Speedel has reached the maturity to be a listed company. Our prime objectives in this listing process are to better position the company within its international biopharmaceutical peer group, to have a broader shareholder base, and to obtain analyst research coverage. With our mature and diverse pipeline, sustainable revenues to be expected as of 2007, the strong backing of our current shareholders, and the proven track-record of our experienced management team, Speedel is well-positioned for future growth as one of Europe’s premier public biopharmaceutical companies.” Konrad P. Wirz, CFO, commented: “This listing transaction simplifies the process of becoming listed for the company and all involved parties and the market will determine the price of Speedel’s shares. With cash and tradable securities of about CHF 122 million on hand in mid-August 2005, we have resources to fund our current pipeline until at least the first quarter of 2007. We are pleased that our major shareholders will continue to support us as a listed company and we look forward to welcoming new investors.” UBS Investment Bank is acting as the company’s listing agent. UBS Investment Bank, Merrill Lynch International and Rüd Blass Privatbank are acting as financial advisors to the company. Listing Memorandum A listing memorandum will be filed with the SWX on 05 September 2005. It will be available to eligible investors upon request from the company either by telephone (+41 (0) 61 206 40 00) or via its website (www.speedel.com/investor-relations).
Briefings for media, analysts, investors Briefings will be held about the listing transaction and to provide a company update as follows:
Wednesday 31 August Zurich Media 11:00-13:00 Analysts & Investors 15:00-17:00 Marriott Hotel Neumühlequai 42 CH-8001 Zurich +41 (0) 44 360 70 70 RSVP: Natascha Blank, Suter Global Communications, Zurich nblank@s-g-c.com +41 (0) 44 316 60 80 +41 (0) 76 332 1311 Thursday 01 September London Media, Analysts, Investors 09:30-11.30 The Brewery Chiswell Street, London, EC1Y 4SD +44 (0) 20 7638 8811 RSVP: Elni Stofberg, De Facto Communications, London e.stofberg@defacto.com Tel: +44 (0) 207 940 1022 Fax: +44 (0) 207 940 1001 Friday 02 September Frankfurt Media, Analysts, Investors 09:30-11:30 The Steigenberger Frankfurter Hof Hotel Am Kaiserplatz, 60311, Frankfurt am Main +49 (0) 69/2 15-02 RSVP: Elni Stofberg, De Facto Communications, London e.stofberg@defacto.com Tel: +44 (0) 207 940 1022 Fax: +44 (0) 207 940 1001 Upcoming Investor Conferences Speedel management will be presenting at a number of conferences over the following months: these conferences are listed on the company’s website.
Share Trading Information Stock Exchange SWX Swiss Exchange (Main Segment) SWX Indices Swiss Performance Index (SPI) and SPI –Sector :Biotechnology Ticker Symbol SPPN Swiss Security Number 2.148.388 ISIN International Security Identification Number CH0021483885 Common Code 021937797 First day of trading 08 September 2005 Shares issued 6,783,405 registered shares, with nominal value of CHF2.00 each SWX technical free float 25.35% Conditional capital Up to 1,537,190 registered shares with nominal value of CHF2.00 each Of which 1,287,67 Publisher Contact Information:
Speedel +41 (0) 61 206 40 00 alice.huxley@speedel.comCompany profile of Speedel Past press releases of Speedel.
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