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Largest shareholder places shares with institutional investors

Cham, Switzerland – February 6, 2024

Landis+Gyr Group AG (SIX: LAND), a leading global provider of integrated energy management solutions, has been informed by its largest shareholder KIRKBI Invest A/S about the placement of a total of 2,222,632 Landis+Gyr Group AG shares, corresponding to about 7.69% of the outstanding share capital, with institutional investors in an accelerated bookbuilding process after yesterday's close of trading.

According to the latest notification to Landis+Gyr and SIX Swiss Exchange, KIRKBI Invest A/S held 4,445,265 registered Landis+Gyr shares corresponding to 15.38% of the share capital and voting rights as per September 30, 2023.

About Landis+Gyr

Landis+Gyr is a leading global provider of integrated energy management solutions. We measure and analyze energy utilization to generate empowering analytics for smart grid and infrastructure management, enabling utilities and consumers to reduce energy consumption. Our innovative and proven portfolio of software, services and intelligent sensor technology is a key driver to decarbonize the grid. Having avoided 9 million tons of CO2 in FY 2024, Landis+Gyr manages energy better – since 1896. With sales of USD 1.7 billion in FY 2024, Landis+Gyr employs around 6,300 talented people across five continents. For more information, please visit our website www.landisgyr.com.

Media Contacts

  • Christian Waelti
    Media
    Christian Waelti
    Head of Investor Relations and Corporate Communications
  • Fabio Franceschi
    Media
    Fabio Franceschi
    Senior Manager Group Communications

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