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15.04.2014 Issuers

Another IPO on SIX Swiss Exchange

The successful listing of Bravofly Rumbo Group makes it the second company this year to join the Swiss exchange.

The share price of the Bravofly Rumbo Group (BRG) at the start of the first trading day was CHF 45. This represents a free float market capitalization of CHF 23'996 million. In all, 15'125'711 shares are listed on SIX Swiss Exchange. The offering comprised both existing and newly issued shares. Bravofly Rumbo Group is listed in International Reporting Standard and will be included in the SPI®.

Opting for the Swiss stock exchange

Bravofly Rumbo Group is an online travel agency based in Switzerland and operating websites in 14 languages and over 35 countries. The Group's web and mobile platform allows customers to compare and book flights, hotels, cruises, rental cars and other travel offers and services.

"The Bravofly Rumbo Group is the latest internationally operating company to choose SIX Swiss Exchange - and, with it, Switzerland as a financial center. We're very happy about this", says Marco Estermann, Head Issuer Relations. "Just as Bravofly Rumbo Group offer their customers access to international offers, we give our issuers access to a strongly capitalized international group of investors."



IPO supports growth prospects

"Within the space of 10 years, we have developed the company into a leading European online travel agency", comments Fabio Cannavale, Chairman and Founder of Bravofly Rumbo Group. "I look forward very much to further growth prospects following the flotation on SIX Swiss Exchange. With the IPO we want to strengthen our presence in existing markets, penetrate new markets and leverage external growth opportunities."

Numerous benefits for equity issuers

A listing on SIX Swiss Exchange means that equity issuers benefit from strongly capitalized Swiss and international investors. In addition, we make things as simple as possible for them with first-class, needs-oriented services, allowing them to efficiently generate capital and sustainable growth.

A comprehensive overview and helpful information on all topics relevant to going public on SIX Swiss Exchange can be found in the Going Public Guide. Further information on our range of services for issuers can be found on our website.

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