On September 18, 2025, at the Extraordinary General Meeting of Rieter Holding Ltd. held in Winterthur, Switzerland, all proposals of the Board of Directors were approved.
The decisions taken at the meeting were as follows:
- Capital increase to be carried out in two tranches (Tranche A: rights issue – capital increase with subscription rights, Tranche B: private placement capital increase)
- Ordinary capital reduction through nominal value reduction
- Reintroduction of the capital band
176 shareholders or their representatives and the independent proxy attended the General Meeting. These participants represented a total of 2,902,588 votes, corresponding to 62.1% of the 4,672,363 issued shares.
Capital Increase and Financing Details
Rieter Holding Ltd. shared the final details regarding the agenda items of the Extraordinary General Meeting, as announced in the invitation published on August 25, 2025.
The planned capital increase will be carried out in two tranches:
- Under Tranche A (rights issue), new registered shares with a total value of approximately CHF 400 million will be issued.
- Under Tranche B (private placement), new shares worth approximately CHF 77.4 million will be issued.
This financing, together with bank loans, will be used to fund the acquisition of OC Oerlikon’s Barmag division. The transaction is expected to be completed by the end of the 2025 financial year, subject to regulatory approval.
Participation of Major Shareholders
Rieter’s largest shareholder, Peter Spuhler (holding approximately 33% via PCS Holding AG), committed to participate in the rights issue on a pro rata basis and to invest additional capital in the private placement. After the completion of the transaction, PCS Holding AG’s stake in the company will remain at approximately 33%.
The second largest shareholder, Martin Haefner (holding approximately 10% via BigPoint Holding AG), also announced that he would participate in the rights issue and invest in the private placement.
Reintroduction of the Capital Band
The General Meeting approved the creation of a capital band under the Swiss Code of Obligations, with a lower limit of CHF 1,292,548.23 and an upper limit of CHF 1,496,634.78. The Board of Directors will be authorized to increase or decrease the share capital within this band until September 18, 2030.
About Rieter
Rieter is a leading global supplier that develops and manufactures machinery, systems, and components for producing yarn from staple fibers. Headquartered in Winterthur, Switzerland, the company provides the most efficient solutions for converting natural and man-made fibers into yarn.
With a history of more than 230 years, Rieter operates 18 production sites in 10 countries and employs approximately 4,560 people, around 15% of whom are based in Switzerland. Rieter shares are listed on the SIX Swiss Exchange under the ticker symbol RIEN.
