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Swiss Steel Holding AG

Major Shareholding Notification Jun 19, 2023

988_rns_2023-06-19_4797dc75-caf6-4d13-b6ee-ebdad2e6490b.html

Major Shareholding Notification

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Ad hoc announcement pursuant to Art. 53 LR

Swiss Steel Holding AG / Key word(s): Miscellaneous

Swiss Steel Group announces changes in shareholding of its major investors

19-Jun-2023 / 07:00 CET/CEST

Release of an ad hoc announcement pursuant to Art. 53 LR

The issuer is solely responsible for the content of this announcement.


Lucerne, June 19, 2023

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and BigPoint Holding AG, if the share of voting rights has not been reduced below 33 1/3% by 31 December 2024 is no longer applicable.

For further information:

For media queries:

Anina Berger, [email protected] , +41 41 581 4121

For analyst/investor inquiries:

Burkhard Wagner, [email protected] , +41 41 581 4180

Media Release (PDF)

About Swiss Steel Group

Swiss Steel Group with headquarters in Lucerne (Switzerland) is one of the world’s leading producers of special steel long products. Thanks to the exclusive use of steel scrap in electric arc furnaces, the Group is one of the most relevant companies in Europe in the circular economy and is among the market leaders in the field of sustainably produced steel - Green Steel. Swiss Steel Group has its own production and distribution entities in over 30 countries and, through its strong local presence, offers a wide range of individual solutions in the fields of engineering steel, stainless steel, and tool steel. Swiss Steel Group is listed on the SIX Swiss Exchange and generated a revenue of over EUR 4 billion in 2022 with approximately 10,000 employees.

Forward-looking statements

This media release contains forward-looking statements, including presentations of developments, plans, intentions, assumptions, expectations, beliefs and potential impacts, as well as descriptions of future events, income, results, situations or outlooks. These are based on the Company's current expectations, beliefs and assumptions, which may differ materially from future results, performance or achievements. The information contained herein is provided with the publication of this document. The forward-looking statements contained herein are not updated as a result of new information, future events or for any other reason.


End of Inside Information


Language: English
Company: Swiss Steel Holding AG
Landenbergstrasse 11
6005 Luzern
Switzerland
Phone: +41 41 581 41 23
E-mail: [email protected]
Internet: www.swisssteel-group.com
ISIN: CH0005795668
Listed: SIX Swiss Exchange
EQS News ID: 1659633
End of Announcement EQS News Service

1659633  19-Jun-2023 CET/CEST

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