Markus Laesser, CEO R&S Group and Rolf Lanz, Managing Partner CGS Management and Vice-Chairman R&S Group (from left to right)

As of today, the issued share capital of R&S Group comprises of 25,901,413 registered shares with a nominal value of CHF 0.10 per share. R&S Group lists at SIX Swiss Exchange via a business combination with VT5 Acquisition Company (“VT5”), the first SIX-listed Swiss Special Purpose Acquisition Company (“SPAC”). In this connection, VT5 allocated 5,431,798 shares as part of the offering. The issue price of the shares was set at CHF 10.00 per share. As of tomorrow, 14 December 2023, R&S Group will be part of the Swiss Performance Index (SPI), the SPI Extra Index (SPIEX), and the SPI ex SLI TR Index (SXSLI).

Heinz Kundert, Chairman of the Board of R&S Group, says: "With today's listing of R&S Group at SIX Swiss Exchange, VT5 has achieved its goal of bringing a hidden champion to the public markets. As a Swiss engineering leader with high-quality, reliable products and a leading position in its markets, R&S Group fulfills or exceeds VT5's investment principles as defined at the start of VT5. While today marks the beginning of R&S Group's listing, it also marks the end of an exciting journey that we embarked upon two years ago with the IPO of the first SPAC at SIX Swiss Exchange. I thank my colleagues in the VT5 team for their tireless efforts in the quest of finding the ideal partner for the business combination that has now been successfully concluded.”

Jos Dijsselhof, CEO SIX, highlights: “VT5 pioneered with the first Swiss SPAC in December 2021. Now, two years later, a next milestone was reached where the so-called De-SPACing materializes in a business combination with R&S Group. I welcome R&S Group to the SIX-family and wish them all the best and success as a listed company.”

Further information about VT5

Further information about R&S Group


Any questions?

Please do not hesitate to contact Julian Chan.

 
About SIX
SIX operates and develops infrastructure services for the Swiss and Spanish Stock Exchanges, for Post-Trade Services, Banking Services and Financial Information with the aim of raising efficiency, quality and innovative capacity across the entire value chain of the Swiss and Spanish financial centers. The company is owned by its users (120 banks). With a workforce of 4,044 employees and a presence in 20 countries, it generated operating income of CHF 1.5 billion and Group net profit of CHF 185.0 million in 2022.
www.six-group.com