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SIX, the leading exchange for Life Science companies in Europe, is happy to welcome the Geneva-based biotech company ObsEva.
With today's listing of ObsEva, SIX underlines its position as Europe's leading exchange for Life Sciences companies. The
Geneva-based company will benefit from outstanding visibility among investors and the media as well as broad coverage by
analysts specializing in the life science sector.
Today, the shares of ObsEva (OBSN) were traded for the first time on SIX, opening at CHF 15.50 per share.
This corresponds to a market capitalization of around CHF 703 million.
The listing is in accordance with the International Reporting Standard. The company will also be included in following
indices: SPI (SMALL)/SPI ex SLI/SPI Extra/SXI Life
Sciences/SXI Bio+Medtech/Swiss All Share. ObsEva is already listed on the NASDAQ Global Select Market.
ObsEva is a clinical-stage biopharmaceutical company focused on the clinical
development and commercialization of novel therapeutics for serious conditions that compromise a woman's reproductive health
With listing on SIX, ObsEva is expecting to raise its profile among Swiss and European investors, provide another robust
market for any future potential financing activities and to secure for its shareholders the protection offered by the
Swiss takeover rules.
Ernest Loumaye, CEO and Co-Founder of ObsEva said: «As a Swiss company, we are honoured to be listed on SIX
and to take another important step toward achieving our goals.»
Jos Dijsselhof, CEO SIX: «After having first listed in the largest capital market of the world in January 2017,
ObsEva now 'returns to its roots' with its dual listing on the Swiss exchange - welcome home.»
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.