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R&S Group Announces Early Redemption of Warrants

On October 8, 2024, R&S Group Holding AG (SIX: RSGN) announced a trigger event related to its redeemable warrants listed on the SIX Swiss Exchange since December 15, 2021. This event allows them to consider early redemption of these warrants. The trigger event occurs when shares trade above a specific price for a certain period, enabling the company to potentially initiate early redemption.

The company plans to activate its redemption option within 10 days, offering CHF 0.01 per warrant. Meanwhile, warrant holders can exercise their warrants, at a reduced exercise price of CHF 0.0361, until five trading days before the redemption's settlement date. As of the previous day, 92% of the warrants have been exercised.

This development comes as R&S Group successfully increases its share capital, now totaling 36.8 million shares.

R. P.

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