SMG's Partial Over-Allotment Option Exercise in IPO

On October 17, 2025, SMG Swiss Marketplace Group Holding AG disclosed the partial exercise of the over-allotment option related to its Initial Public Offering (IPO). This development involves the allocation of 2,053,541 existing registered shares, roughly 70% of the total over-allotment option. Of these, 1,962,902 shares were provided by General Atlantic SC B.V., and 90,639 by Ringier AG.

The IPO on September 19, 2025, saw the sale of 21,682,581 shares in total, leading to an expected free float increase to around 22%. Based on a CHF 46.00 offer price, the placement volume approximated CHF 997 million.

The pre-IPO shareholders, including TX Group AG, Schweizerische Mobiliar Holding AG, and others, retain major stakes. Additionally, the company and principal shareholders agreed to a lock-up period of 180 days post-IPO, with separate conditions for management.