The share capital of Looser Holding AG totals 38.015 million Swiss Francs. The share capital is divided into 3,801,500 registered shares of 10.00 Swiss Francs.
The board of
directors is authorized to exclude the drawing rights of the previous
shareholders for important reasons and assign them to third parties.
Important reasons include, in particular, merger, financing and refinancing
of takeovers, contributions in kind, as well as the placement of shares
through national or international stock exchanges. Also, the board of
directors may exclude drawing rights if the newly created shares are issued
as part of i) an public offering or ii) a private placement to expand the
basis of qualified shareholders within the meaning of the federal law on
collective capital investments.
Shares, for which drawing rights were obtained but not exercised, are to be
used by the board of directors in the interests of the company. The increase
may take place in the form of a firm commitment and/or partial
contributions. The board of directors is authorized to establish the issuing
price of the shares, the type of the contribution, the assignment to new
shareholders and the period until the holders are entitled to dividend
distributions.