News - More luxury on the Swiss exchange.
Another chapter is being added to the success story of the IPO year 2018 on the Swiss exchange. With its seventh
listing, SIX already welcomes one more company than in the previous year.
Today, the shares of Lalique Group SA (LLQ) were traded
for the first time on SIX, opening at CHF 51.00 per share. This corresponds to a market capitalization
of CHF 306 million. The listing is in accordance with the International Reporting Standard. The company will also be
included in the SPI on 26 June 2018.
Lalique Group is a niche player in the creation, development, marketing and
global distribution of luxury goods. Founded in 2000, the company employs approx. 600 staff and has its headquarters in Zurich.
Roger von der Weid, CEO Lalique Group: "Today's first trading day on SIX is an important milestone for Lalique Group.
The capital increase enabled us to further strengthen the company's balance sheet. With the simultaneous change of listing from
the BX to SIX, we want to further sharpen the Group's profile on the capital market. These two measures form a very good basis
for further strategic steps."
Werner Bürki, Head Trading, Securities & Exchanges at SIX, comments: "The luxury goods industry enjoys high
relevance and attention in Switzerland. We are delighted to welcome Lalique Group, another company from this sector."
Gateway to the international capital market
In the current year, six other companies have opted for a listing on the Swiss exchange:
ASMALLWORLD. An overview of all listings is
available on our website.
Numerous benefits for equity issuers
A listing on SIX provides companies with access to strongly capitalized Swiss and international investors. Further information
on our range of services for issuers can be found on our website.
Exchange Services: Get the best of both worlds
A strategic and organizational realignment of SIX has brought the former divisions SIX Swiss Exchange and SIX Securities
Services together. This combines the dynamism of one of Europe's foremost exchanges with the stability and reliability
of one of the most respected post-trade service providers in the industry. The resulting Exchange Services portfolio is
a powerful single source for Swiss and international clients for listing, trading and post-trade solutions.
Find out more.
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