EQS-Ad-hoc: Swissnet AG / Key word(s): Miscellaneous
swissnet Group announces delisting of its shares from Euronext Access+ Paris

09-Apr-2025 / 09:06 CET/CEST
Disclosure of an inside information acc. to Article 17 MAR of the Regulation (EU) No 596/2014, transmitted by EQS News - a service of EQS Group.
The issuer is solely responsible for the content of this announcement.

1 – Delisting of Swissnet Group shares from Euronext Access+ Paris

Further to a delisting request of Swissnet Group, all Swissnet Group shares (INSIN: CH0451123589) will be delisted from Euronext Access+ Paris as of 6 May 2025.

The Swissnet Group’s shares are currently and will remain listed on the Open Market of the Frankfurt Stock Exchange after the delisting from Euronext Access+ Paris.
 

2 – Shareholders options

Holders of ’s shares listed on Euronext Access+ may choose one of the following options prior to the delisting of the shares from Euronext Access+:
 

Option 1: Remain shareholder

Shareholders will be able to keep their shares which will be traded on the Open Market of Frankfurt Stock Exchange after delisting from Euronext Access+ Paris.

No action by the shareholder is required and if there is no response or no action by the shareholder, this option will be selected by default.

Option 2: Sell of shares

Shareholders may also sell all or some of their shares using the Sales Facility procedure.

The Sales Facility is not targeted at shareholders who want to keep their Swissnet Group shares.

The Company is not the buyer of the Swissnet Group shares to be sold in Sales Facility and is not guaranteeing a minimum price and will only cover the trading costs for the sale of such shares.

Participating in the Sales Facility will result in the final and irrevocable sale of the relevant shareholder's shares.

Shareholders wishing to sell all or some of their shares in the Sales Facility should contact their financial intermediary with whom the shares are held.

Such sale may be completed over a undetermined period of time by Uptevia (the "Centralising Agent"), depending on the liquidity on the Frankfurt Stock Exchange and the total number of shares sold via the Sales Facility.

The sale price of the shares will be based on the average future selling price of all the shares sold via the the Sales Facility and this price is unknown.

Selling shareholders will receive the proceeds of the sale of their shares only once all shares sold via the the Sales Facility from the Centralising Agent and might therefore wait for a long period of time.

Shareholders of Swissnet Group who want to keep their shares (which will be traded on the Frankfurt Stock Exchange) should not participate in the Sales Facility and therefore should take no action in respect of the shares they hold.

About swissnet Group

The swissnet Group is a leading provider of location-based marketing software (LBM), Wi-Fi infrastructure systems and Wi-Fi guest hotspots. The group serves customers in the retail, hospitality, healthcare and public sectors, among others. The subsidiaries under the swissnet group umbrella are known for their outstanding expertise in digital transformation and Software as a Service. With intelligent and fully cloud-based technologies, the swissnet Group offers its customers tangible added value and success by improving their omnichannel strategies. The company is listed on the Frankfurt Stock Exchange and traded in the XETRA segment.

For more information, please visit https://swissnet.ch
 

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