News - Stadler Largest European IPO Year-to-Date
Today, the shares of Stadler Rail AG (ticker "SRAIL") were traded for the first time at SIX,
opening at CHF 42.00 per share. This corresponds to a total market capitalization of
CHF 4.2 billion.
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 the Swiss stock exchange is a
logical next step in Stadler's growth story. It will help us to further strengthen Stadler's long-term competitive position
in our markets through appropriate products and technologies and to support the future development of the company. A stock
exchange listing is a strong reputation and quality feature and underlines two attributes that are already deeply rooted in
our corporate culture, which is geared towards Swiss top performance."
Jos Dijsselhof, CEO SIX, emphasizes: "SIX is proud to welcome Stadler Rail AG 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. Stadlers 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.
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