on Emmi Management AG (isin : CH0012829898)
MIBA Genossenschaft Increases Free Float in Emmi AG
Emmi AG saw an increase in its free float as MIBA Genossenschaft successfully placed 110,000 registered shares on the market. The shares were primarily allocated to institutional investors through an accelerated bookbuilding process. This transaction raised the free float from 39.5% to 41.6% of the company's capital.
MIBA Genossenschaft has committed to a 12-month lock-in period, refraining from further share sales. This decision supports MIBA's stance as a stable, long-term shareholder in Emmi AG.
Founded in 1907, Emmi is Switzerland's leading dairy manufacturer, known for products like Emmi Caffè Latte and Kaltbach cheese. It operates in 15 countries, generating CHF 4.3 billion in sales in 2024.
R. H.
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