NZZ increases stake in APG|SGA to 45 percent
The Aktiengesellschaft für die Neue Zürcher Zeitung (NZZ), which previously held a 25 percent stake in the share capital of APG|SGA AG, has carried out the announced increase and now holds 45 percent.
NZZ, JCDecaux SE and Pargesa Asset Management S.A. have informed the company that they completed the acquisition of blocks of shares by NZZ from JCDecaux SE and Pargesa Asset Management S.A. on April 30, 2026. The corresponding purchase agreements were concluded on December 11, 2025 and publicly announced on December 12, 2025. As a result, NZZ now currently holds 45 percent of the company's share capital. It is exempt from the obligation to submit a purchase offer to all shareholders in accordance with the new provision in the Articles of Association adopted at the Extraordinary General Meeting on January 23, 2026 regarding a so-called selective opting-up, as long as it does not exceed the threshold of 49% of the voting rights. NZZ acquired a total of 20 % shares in two transactions from the sellers JCDecaux SE and Pargesa Asset Management S.A. For more information on the transactions and the selective opting-up, please refer to the company's media releases dated December 12, 2025 and January 23, 2026.
