Swiss Steel Group announces changes in shareholding of its major investors
by David Fleschen
Swiss Steel Group was informed that BigPoint Holding AG, controlled by Martin Haefner, has sold a participation of 8.07% in Swiss Steel Holding AG to PCS Holding AG controlled by Peter Spuhler. This results in a new shareholding in Swiss Steel Holding AG by BigPoint Holding AG of 32.73%. Peter Spuhler and PCS Holding AG have in turn increased their stake above 20%.
With the reduction in shareholding in Swiss Steel Holding AG by BigPoint Holding AG the mandatory offer ordered by FINMA in December 2019 for Martin Haefner and BigPoint Holding AG, if the share of voting rights has not been reduced below 33 1/3% by 31 December 2024 is no longer applicable.
Source: Swiss Steel Group, Photo: Fotolia