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
christoph.pasternak@eurofima.org
Meret Oppenheim Platz 1C, 4053
Basel, Switzerland
Phone: +41 61 287 3360
Fax: +41 61 287 3240