Leonteq AG (SIX: LEON), the Zurich-based independent technology and service provider for investment solutions, was informed by Raiffeisen Switzerland Cooperative (“Raiffeisen”) of the results of its placement of Leonteq shares held by its subsidiary, Notenstein La Roche Private Bank Ltd.
Raiffeisen informed Leonteq this morning that the share placement announced yesterday was closed. A total of 597,354 shares (representing 3.75% of the outstanding Leonteq shares) have been placed by Credit Suisse to existing and new investors at a price of CHF 150 per share. The share placement was very well oversubscribed. As a result of this share placement, the free float of Leonteq will increase to 56% of the issued share capital.