R&S Group Warrants Converted by 79%

On October 1, 2024, R&S Group Holding AG (SIX: RSGN) reported that 79% of its redeemable warrants were converted into shares. This conversion, amounting to 5,294,098 warrants, increased the company's equity and liquidity by approximately CHF 60.8 million. Consequently, this enhanced the group’s net financial position and increased the number of registered shares to 35,951,019.

The conversion also improved the free float of the company's shares, boosting its market capitalization to CHF 694 million at the latest closing price. These developments come ahead of key dates in R&S Group’s financial calendar, including the Capital Markets Day on October 31, 2024, and the release of full-year results on April 15, 2025.