EUROFIMA - Proposed Capital Increase

Eurofima

19 June 2024

 

The information contained within this announcement, prior to its public disclosure, is deemed to constitute inside information for the purposes of Article 7 of the Market Abuse Regulations (EU) No. 596/2014 as it forms part of UK domestic law by virtue of the European Union (Withdrawal) Act 2018 as amended. Upon the publication of this announcement, this inside information is now considered to be in the public domain.

Press release

Basel, Switzerland

19 June 2024

EUROFIMA European Company for the Financing of Railroad Rolling Stock ("EUROFIMA")

Proposed Capital Increase

About EUROFIMA

EUROFIMA is a supranational organisation located in Basel, Switzerland. It was established in 1956 based on an international treaty between 25 European sovereign states so far (each a "EUROFIMA Contracting State").

EUROFIMA fulfils a mission to support the development of public railway transportation in Europe. It supports the railways which are its railway shareholders as well as certain other railway bodies in renewing and modernising their equipment. EUROFIMA lends the proceeds of its borrowings and equity capital, where relevant, pursuant to loans entered into between EUROFIMA as lender and its railway shareholders as borrowers for the financing of the purchase by its railway shareholders of railway equipment.

Proposed Capital Increase

At an Extraordinary General Meeting of EUROFIMA that was held on 13 June 2024, the General Assembly of EUROFIMA approved a resolution that its share capital shall be increased from CHF2,600,000,000.00 by CHF50,000,000.00 to CHF2,650,000,000.00 through the issuance of 500 Class B registered shares with a par value of CHF 100,000.00 each. The Board of Directors on 17 June 2024 determined that the capital increase was conducted in accordance with the applicable regulations. The capital increase will become effective, if following the expiration of a three-month veto period by the Governments of each EUROFIMA Contracting State (which runs from a notification by the Swiss Government of the resolutions of the General Meeting), no objection was raised by a EUROFIMA Contracting State. The three-month veto period is expected to end on or about 19 September 2024.

Further information in relation to EUROFIMA is available at:

www.eurofima.org

For enquiries:

EUROFIMA European Company for the Financing of Railroad Rolling Stock

Christoph Pasternak, CEO

[e-mail]

Meret Oppenheim Platz 1C, 4053 Basel, Switzerland

Phone: [phone]

Fax: [phone]

 

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