From left to right: Dr. Markus Nolte, CEO, Dr. Michael Pistauer, CFO, Montana Aerospace

From left to right: Dr. Markus Nolte, CEO, Dr. Michael Pistauer, CFO, Montana Aerospace

Today, Montana Aerospace (Ticker "AERO") listed its shares on the Swiss stock exchange. The opening price was CHF 29.00 per share, resulting in a market capitalization of CHF 1.4 billion.

The issued share capital of Montana Aerospace comprises of 47,153,997 registered shares with a par value of CHF 1.00 per registered share. As part of the IPO, 17,153,997 newly issued registered shares were offered. At an issue price of CHF 25.65 per registered share, the placement volume was CHF 440 million (excluding over-allotment option). In addition, Montana Tech Components, as the former sole shareholder and future majority shareholder of Montana Aerospace, offered up to 2,573,099 existing registered shares as part of the over-allotment option.

Dr. Markus Nolte, CEO Montana Aerospace, says: "Swiss technology stands for cutting edge innovations and highest quality levels. Started as a Swiss extrusion specialist, Montana Aerospace has grown to become a global leader in the Aerospace, E-mobility and Energy markets. With the IPO at SIX, we are returning to our roots and are confirming our commitment to profitable growth, transparency and leadership in ESG”

Jos Dijsselhof, CEO SIX, says: “I am delighted to welcome Montana Aerospace on our exchange, which herewith is expanding SIX’s diversified universe of listed companies to the aerospace industry. With today's IPO, I am convinced Montana Aerospace lays the successful foundation for achieving its future growth targets and I wish the company every success in reaching the next milestones.”

Montana Aerospace is the world’s leading manufacturer of complex lightweight components for the aerospace industry. The company manufactures system components for industries such as aerospace, electromobility and energy. It specializes in critical assemblies made of aluminum, titanium, composites, and complex components made of steel and copper, making Montana Aerospace an important partner for the world’s leading aircraft manufacturers and their suppliers.

Numerous Advantages for Equity Issuers

The Issuer Relations team from the Swiss stock exchange provides expert advice to companies after they go public. Besides the ability to take part in informative, educational and networking events, the team provides updates on all topics relating to market information, data and regulatory provisions. The Swiss stock exchange also offers its Stage Program to help small and medium enterprises (SMEs) increase visibility in the market and among key stakeholders. An overview of all information and services can be found on our website.