Ad-hoc | 21 December 2011 07:15
Genolier Swiss Medical Network (GSMN) / Key word(s): Capital Increase/Capital Increase 21.12.2011 07:15 Release of an ad hoc announcement pursuant to Art. 53 KR --------------------------------------------------------------------------- The group of private clinics Genolier Swiss Medical Network SA (GSMN) offered its shareholders in a capital increase out of GSMN's authorized capital the opportunity to subscribe one new registered share at a subscription price of CHF 19 for six existing registered shares. 84.95% of the subscription rights were exercised. M.R.S.I. supported the transaction and subscribed for 870'562 new registered shares for a value of approximately 16.5 million. In total, GSMN has issued 877'879 new registered shares. The gross proceeds amounts to approximately CHF 16.7 million. Trading in the new registered shares on the SIX Swiss Exchange is expected to commence on 23 December 2011. Delivery of the new registered shares against payment of the subscription price should occur on 27 December 2011. Genolier Swiss Medical Network SA (GSMN) is the second largest network of private clinics in Switzerland. Its growth strategy focuses on the creation of a national network through the acquisition of clinics and the restructuring of their operations. GSMN's main aim is to offer first class hospital care to Swiss and foreign patients. The distinctive features of GSMN include its high quality services, its brand value, a pleasant working environment and an experienced management team with an entrepreneurial approach. On 1 January 2012, GSMN will operate 10 private establishments in Switzerland (Clinique de Genolier, Clinique de Montchoisi, Clinique Valmont, Clinique Générale, Centre médico-chirurgical des Eaux-Vives, Ars Medica Clinic, Clinica Sant'Anna, Privatklinik Bethanien, Privatklinik Lindberg und Privatklinik Obach), with more than 1'000 practising physicians and 1'600 employees. The Group is listed on the Domestic Standard of the SIX Swiss Exchange (GSMN:SW). This document does neither constitute an offer to buy or to subscribe for securities of Genolier Swiss Medical Network SA nor a prospectus within the meaning of applicable Swiss law. Investors should make their decision to buy or to subscribe to securities solely based on the official offering and listing prospectus published by Genolier Swiss Medical Network SA and available free of charge from Bank Vontobel AG (telephone: +41 58 283 70 03, facsimile: +41 58 283 70 75 or email: prospectus@vontobel.ch). Investors are furthermore advised to consult their bank or financial adviser before making any investment decision. This document does not contain or constitute an offer to sell or a solicitation of any offer to buy securities in the United States or in any other jurisdiction in which such offer or solicitation is not authorised or to any person to whom it is unlawful to make an offer or solicitation. The securities of Genolier Swiss Medical Network SA have not been and will not be registered under the United States securities laws and may not be offered or sold in the United States absent registration or an exemption from registration under the U.S. Securities Act of 1933, as amended. Neither Genolier Swiss Medical Network SA nor its shareholders intend to register any portion of the offering in the United States or conduct a public offering of securities in the United States. For further information, please contact: Séverine Van der Schueren General Secretary, GSMN Tel. +41 22 366 99 87 svanderschueren@gsmn.ch 21.12.2011 News transmitted by EquityStory AG. The issuer is responsible for the contents of the release. EquityStory publishes regulatory releases, media releases on the capital market and press releases. The EquityStory Group distributes authentic and real-time financial news for over 1'300 listed companies. The Swiss news archive can be found at www.equitystory.ch/news ---------------------------------------------------------------------------