Annonce événementielle au sens de l’art. 53 RC
Initial public offering of the SMG Swiss Marketplace Group
TX Group founded the SMG Swiss Marketplace Group in 2021 together with Mobiliar, Ringier, and General Atlantic, incorporating Homegate, Ricardo, Tutti, and car4you. TX Group holds a 30.7% stake in the SMG.
SMG Swiss Marketplace Group has today published an Intention to Float (ITF). TX Group is convinced of the long-term prospects of the SMG Swiss Marketplace Group in terms of cash flow as well as performance and will not sell any shares as part of the planned IPO.
The timing of the planned IPO depends particularly on market conditions. Further information will be communicated in due course.
Contact
Urs Fehr, Responsible Communications & Investor Relations, +41 76 361 56 95, [email protected]