Further information on the rights issue
Yesterday morning, the Zur Rose Group announced that, in the context of its capital increase it had just completed, the subscription rights of its largest shareholder, KWE Beteiligungen AG, had not been exercised by mistake. KWE Beteiligungen AG's principal bank which reconfirmed receipt of the order to exercise its subscription rights, omitted to forward the order subsequently to the mandated banks.
Yesterday evening, the Zur Rose Group was informed by KWE Beteiligungen AG that it had reached a settlement with its principal bank. The settlement does not include the delivery of shares or their procurement on the market by the principal bank to increase KWE Beteiligungen AG’s shareholding back to the pre-rights offering level.
The Board of Directors, in which KWE Beteiligungen AG is represented, regretfully takes note of this information. Ahead of the capital increase KWE Beteiligungen AG declared vis-à-vis the Zur Rose Group as well as a financial newspaper that it would support the capital increase proportionally by exercising its subscription rights.
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Zur Rose Group
The Swiss Zur Rose Group is Europe's largest online pharmacy and one of the leading medical wholesalers in Switzerland. With its business model, it offers high-quality, safe and cost-effective pharmaceutical care and thus contributes to reducing healthcare costs. It is also characterized by the continuous further development of digital services in the field of drug management in order to increase therapy safety. The creation of added value and a pronounced patient orientation make the Group an important strategic partner for service providers, cost units and industry.
The Zur Rose Group is internationally present with strong brands, including Germany's best-known pharmacy brand DocMorris. The company employs over 1,000 people at various locations and generated a turnover of CHF 983 million in the 2017 financial year. The shares of Zur Rose Group AG are listed on the SIX Swiss Exchange (securities number 4261528, ISIN CH0042615283, ticker ROSE). The CHF 115 million corporate bond issued in July 2018 is also listed on the SIX Swiss Exchange (securities number 42146044, ISIN CH0421460442, ticker ZRO18). Further information at zurrosegroup.com
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This document does not constitute an offer to sell, or a solicitation of an offer to purchase, any securities in the United States. The securities of Zur Rose Group AG to which these materials relate have not been and will not be registered under the United States Securities Act of 1933, as amended (the "Securities Act"), and may not be offered or sold in the United States absent registration or an applicable exemption from, or in a transaction not subject to, the registration requirements of the Securities Act. There will not be a public offering of securities in the United States. Any sale in the United States of the securities mentioned in this communication will be made solely to “qualified institutional buyers” as defined in, and in reliance on, Rule 144A under the Securities Act.
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