SWX Swiss Exchange: Advanced Digital Broadcast Holdings SA Opens at CHF 52.50

Today, the shares of Advanced Digital Broadcast Holdings SA, a Swiss company, were traded in the main segment of the SWX Swiss Exchange for the first time. Yesterday, i.e. Thursday, an issue price of CHF 51.00 was determined. The opening price on the SWX was CHF 52.50. This corresponds to a market capitalisation of CHF 319’305’000. Advanced Digital Broadcast Holdings SA belongs not only to the SPI®, but also to the SPI EXTRA®.

According to the listing prospectus, of the 6,082,000 registered shares entered in the Commercial Register, 1,952,314, or 32 %, are publicly held. 1’519’961 of the placed shares proceed from a capital increase connected with the IPO.

ADB Group is a global provider of equipment and systems required to view and interact with digital TV broadcast through cable, satellite, terrestrial and telecommunications networks. The development and sales of the Group's products and services are conducted through two commercial units: ADB and Osmosys.

Advanced Digital Broadcast Holdings SA employs 442 people. In 2004, the company generated a turnover of USD 176.4 million and a net profit of USD 8.1 million.