Shareholders

The share capital of Looser Holding AG amounts to 33.073 million Swiss francs, divided into 3,801,500 registered shares of 8.70 Swiss francs each.

The shares may only be transferred with the consent of the Board of Directors. This restriction also applies to the creation of beneficial rights. A transferee will be recognized as a shareholder unless the Company has denied the transferee’s relevant application within a period of 20 days.

The Board of Directors may deny the application for approval of the transfer or creation of a beneficial right to the extent the transferee would, after the transfer, hold more than 10% of the total share capital recorded in the commercial share register. 

Furthermore, the Company may refuse registration in the share register if the transferee, upon the Company’s request, has not expressly declared that he/she/it has acquired the shares in his/her/its own name and for his/her/its own account.

If shares are acquired by way of inheritance, in an estate settlement or under the marital property regime, the transferee cannot be rejected.  If registration in the share register has already occurred, the Board of Directors may arrange for its deletion if it was based on inaccurate information provided by the transferee. The transferee has to be informed immediately of any such deletion. The owner most recently recorded in the share register will be deemed the beneficiary or shareholder by the Company.

A purchaser of the Company’s shares will not be obliged to submit a public purchase offer pursuant to Articles 32 and 52 of the Federal Stock Exchange and Securities Trading Act (Bundesgesetz über Börsen und den Effektenhandel - BEHG).

Ownership structure

The free float is to be increased to 55 to 60% in the medium term.