Zurich, 18 October 2012
Julius Baer announces the results of the CHF 492 million rights offering
*Julius Baer is publishing the result of the rights offering (the "Rights
Offering") in connection with the partial financing of the acquisition of
the International Wealth Management business of Bank of America Merrill
Lynch outside the United States and Japan (IWM).
*By the end of the rights subscription period yesterday at 12:00 noon CET,
99.91% of the subscription rights had been validly exercised.
*A total of 20,316,285 new registered shares have been issued in connection
with the rights offering.
*Julius Baer will obtain gross proceeds of CHF 492 million.
In the Rights Offering, a total of 20,316,285 new registered shares with a
nominal value of CHF 0.02 each were offered to existing holders of Julius Baer
shares at an issue price of CHF 24.20 per share. By the end of the rights
subscription period, subscription rights for 20,297,448 new registered shares
had been validly exercised, representing approximately 99.91% of the new
registered shares offered.
The new registered shares will start trading today. Delivery of the new
registered shares against payment of the subscription price is expected to
occur on 22 October 2012.
Through this capital increase, Julius Baer will obtain gross proceeds of CHF
492 million which will be used as part of the financing of the IWM
acquisition. After completion of the Rights Offering, Julius Baer will have an
issued share capital of CHF 4,334,140.82 divided into 216,707,041 registered
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