Ad hoc announcement pursuant to Art. 53 LR
SMG Swiss Marketplace Group starts book-building for planned IPO
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.
As part of the planned IPO, SMG Swiss Marketplace Group has today begun the bookbuilding process and published an expected price range for the offered shares between CHF 43.00 and CHF 46.00 per share, as well as an estimated market capitalisation between CHF 4.2 billion and CHF 4.5 billion. The IPO is expected to take place on or around 19 September 2025. TX Group will not sell any shares as part of the planned IPO.
Further information is available on the SMG website.
Contact
Urs Fehr, Responsible Communications & Investor Relations, +41 76 361 56 95, [email protected]