R&S Group acknowledges the full exit of its shareholder CGS
R&S Group Holding AG / Key word(s): MiscellaneousR&S Group acknowledges the full exit of its shareholder CGS 07-May-2025 / 06:30 CET/CESTRelease of an ad hoc announcement pursuant to Art. 53 LRThe issuer is solely responsible for the content of this announcement. Ad hoc announcement pursuant to Art. 53 LR R&S Group acknowledges the full exit of its shareholder CGS
7 May 2025 – R&S Group Holding AG (SIX: RSGN) acknowledges the sale of 2,532,054 shares in R&S Group Holding AG (“R&S Group”) by CGS III (Jersey) L.P. (“CGS”) to a group of Swiss and international investors not subject to any lock ups. The trade, which took place after the close of trading yesterday, corresponds to 6.8% of R&S Group’s share capital. Following the transaction, CGS will no longer hold any shares in R&S Group. This transaction is expected to increase the free float of R&S Group shares from 83% to 90%. Calendar 2025
Contact Investor and Media RelationsDoris RudischhauserPhone: +41 79 410 81 88Email: investors@the-rsgroup.com About R&S Group R&S Group Holding AG’s (“R&S Group”, the “company”) operating headquarters are located in Sissach/BL, Switzerland. With eight manufacturing facilities in Switzerland, Italy, Poland, Ireland and the Middle East, the group serves its domestic and various European markets with single-phase, small and medium distribution and power transformers and other components under the brands of Rauscher & Stoecklin, ZREW, Tesar and Kyte. R&S Group’s customers are active in the utility, infrastructure and industrial sectors. The company has been successfully positioned to benefit from the accelerating demand for energy production and distribution, driven by the global trend towards decarbonization. R&S Group has been listed on SIX Swiss Exchange since 13 December 2023 under the ticker symbol RSGN. On 20 August 2024, the company acquired Kyte Powertech, a leading supplier of distribution transformer solutions based in Cavan, Ireland, thus significantly expanding geographic footprint to Ireland, the UK, Benelux and France, and adding complimentary products. Further information about the R&S Group can be found at ww.ir.the-rsgroup.com.DisclaimerThis communication expressly or implicitly contains certain forward-looking statements concerning R&S Group Holding AG and its business. Such statements involve certain known and unknown risks, uncertainties and other factors, which could cause the actual results, financial condition, performance or achievements of R&S Group Holding AG to be materially different from any future results, performance or achievements expressed or implied by such forward-looking statements. R&S Group Holding AG is providing this communication as of this date and does not undertake to update any forward-looking statements contained herein as a result of new information, future events or otherwise.
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| Language: | English |
| Company: | R&S Group Holding AG |
| Zentrum Staldenbach 3 | |
| 8808 Pfäffikon SZ | |
| Switzerland | |
| E-mail: | investors@the-rsgroup.com |
| Internet: | www.the-rsgroup.com |
| ISIN: | CH1107979838, CH1108008082 |
| Listed: | SIX Swiss Exchange |
| EQS News ID: | 2131486 |
| End of Announcement | EQS News Service |
2131486 07-May-2025 CET/CEST