R&S Group Expands Free Float and Shareholder Base

R&S Group Holding AG has announced a significant development in its shareholding structure. CGS III (Jersey) L.P. has sold 2,532,055 shares of R&S Group in a block trade to Swiss and international investors. This transaction took place after the market closed yesterday, without any lock-up restrictions for the new investors. As a result, the free float of R&S Group shares is anticipated to rise from 76% to 83%.

The block trade represents 6.8% of R&S Group's share capital. Following this sale, CGS retains a residual shareholding of 6.8%, which is subject to a 90-day lock-up managed by UBS. This shift is expected to broaden the shareholder base of R&S Group, enhancing liquidity and investor diversity.