To change your current location please select from one of Julius Baer’s locations below. Alternatively if your location is not listed please select international.

E-Services

Please select
Additional e-Services

*The location identified is an approximation based on your IP address and does not necessarily correspond to your citizenship or place of domicile.

Language:

Julius Baer: Shareholders approve the creation of authorized share capital

share-mobile

Share

Share

At today’s Extraordinary General Meeting of Julius Baer Group Ltd., the shareholders approved the creation of authorized share capital for the purpose of the partial financing of the acquisition of the International Wealth Management business of Bank of America Merrill Lynch outside the United States.


The resolutions of the Extraordinary General Meeting were as follows:

  • Creation of CHF 600,000.00 of authorized share capital for the purpose of issuing (inclusive of pre-emptive subscription rights of the existing shareholders) a maximum of 30,000,000 registered shares to be used exclusively for the partial financing of the acquisition of the International Wealth Management business of Bank of America Merrill Lynch outside the United States.

  • Creation of CHF 150,000.00 of authorized share capital for the purpose of issuing (exclusive of pre-emptive subscription rights of the existing shareholders) a maximum of 7,500,000 registered shares to be used exclusively as consideration for the acquisition of the International Wealth Management business of Bank of America Merrill Lynch outside the United States.

The capital increase to be conducted by way of a rights offering (inclusive of pre-emptive subscription rights of the existing shareholders) in the amount of up to CHF 500 million is expected to take place in October 2012, market conditions permitting.

Please note the disclaimer in the media release PDF attached on the right-hand side.

Important dates

Date

Event

14 November 2012:

Interim Management Statement

4 February 2013:

Release of 2012 annual results

10 April 2013:

Ordinary Annual General Meeting 2013

We use cookies to make our website user-friendly for you. Please click "accept" or "customise settings" to customise which cookies will be set. Your preferences expire after six months. A default 'no consent' option applies in case no choice is made. Detailed information on the handling of cookies and data privacy, as well as your right to withdraw your consent at any time, can be found in our Data Privacy Policy.