ORIOR welcomes new shareholdersZurich, 09 November 2018
ORIOR’s shareholder base has grown with the addition of new institutional investors who participated in an accelerated bookbuilding that was completed yesterday evening. The selling shareholder was EGS Beteiligungen AG, which decided to sell its position in ORIOR for strategic reasons after a recent periodic review of its asset allocation. After completion of the institutional placement, ORIOR was informed that all shares held by EGS Beteiligungen AG have been successfully placed in the market; this therefore raises the free float of ORIOR shares.
Rolf U. Sutter, Chairman of the Board of Directors, expresses his gratitude to EGS Beteiligungen AG on behalf of everyone at ORIOR: “EGS Beteiligungen AG has consistently and professionally followed ORIOR’s development since 2012 and supported many of the strategic milestones ORIOR has achieved during this time.” Dominik Sauter, CEO of EGS Beteiligungen AG, likewise appreciated the fruitful relationship: “We are grateful and proud that we were able to be part of the remarkable and successful journey that ORIOR Group has taken over the past few years.”