The issued share capital of Stadler Rail AG comprises 100,000,000 registered shares with a nominal value of CHF 0.20 per share. In the base offering, 35,000,000 existing shares were offered by the direct and indirect portfolio of Mr. Peter Spuhler. The total market capitalization was CHF 4.2 billion, based on the opening price of CHF 42.00 per share. Furthermore, an over-allotment option of 5,250,000 existing shares was granted to the Joint Global Coordinators. Such option is exercisable in whole or in part within 30 calendar days after the first day of trading.
Peter Spuhler, Chairman of the Board of Directors of Stadler, says: "The IPO on SIX is a logical next step in Stadler’s growth trajectory as it helps to further improve the long-term competitive position in our markets with innovative products and technologies and to support the future development of the company. Furthermore, a public listing is a strong manifestation of reputation and quality, two attributes already deeply ingrained in our culture of Swiss excellence, and will support the further development of Stadler."
Jos Dijsselhof, CEO SIX, emphasizes: "SIX is proud to welcome Stadler to the Swiss stock exchange, a company that represents the combination of pioneering spirit, innovation and sustainable entrepreneurship. We are convinced that the listing will support further successful chapters in the history to come of the company".
Stadler is a leading global pure-play producer of rolling stock and related systems with a strong track record of focused expansion. Founded in Switzerland in 1942, the Company has a long history of design and manufacturing excellence, offering its customers Swiss quality, precision engineering and best-in-class project management capabilities. Stadler’s origins as a local business focused on producing tailor-made trains and locomotives in small batch sizes have built the basis for its expansion into a multinational yet independent organization that prides itself on its ability to customize its rolling stock product offerings to meet the most varied and challenging customer specifications, while maintaining the ability to tailor-make trains on an individual or modular basis. Over the course of its history, the Company has produced over 8,000 trains and locomotives that currently operate in 41 countries.