Zürcher Oberländer: Shareholders sought via newspaper advertisement

The Zürcher Oberländer wants to sell its own shares to readers and published a full-page ad to that effect in Saturday’s edition of the newspaper. In an accompanying article, the ZO promises an «attractive return» of 40 to 70 francs per share.

The offer includes 1000 shares, which are being sold at a price of CHF 760. According to the advertisement, Tamedia, which already holds 38 percent of ZO and is therefore the largest shareholder, is explicitly excluded from the purchase. The aim of the sale is to distribute the shares as widely as possible. The majority of ZO shares are currently held by a total of 470 small shareholders. They all own a maximum of two percent of the total number of shares. (SDA)
 

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