SWX: MCH Messe Schweiz AG Opens At CHF 319

The shares of MCH Messe Schweiz AG were traded today for the first time on the main board of the SWX Swiss Exchange. The price was set Thursday night at CHF 320. At the start of trading on SWX, the stock stood at CHF 319, representing a total market capitalization for the company of CHF 153.85 million.

According to the listing prospectus, all of the 482,320 registered shares entered in the commercial register are distributed among the public.

MCH Messe Schweiz AG is primarily active in the organisation and management of fairs, conventions and other events, within the ad-hoc infrastructures available in Basle and Zurich as well as in other locations. In addition, the company provides a vast array of complementary marketing-related and technical support services. MCH Messe Schweiz AG is a holding company that was formed through the merger of Messe Basel and Messe Zurich. The major portion of the CHF 48.2 million share capital is held by the cantons of Basel City (33.34%), Basel Land (7.9%), and Zurich (3.75%, as well as by the City of Zurich (3.75%).