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LEONTEQ AG Press release: Leonteq acquires 10% stake in BX Swiss

Transparency directive : regulatory news

19/12/2023 07:00

Leonteq AG / Key word(s): Investment
Press release: Leonteq acquires 10% stake in BX Swiss

19.12.2023 / 07:00 CET/CEST


PRESS RELEASE | LEONTEQ ACQUIRES 10% STAKE IN BX SWISS

Zurich, 19 December 2023


Leonteq AG (SIX: LEON) acquires a 10% stake in the Swiss stock exchange BX Swiss. Leonteq thus becomes a shareholder of BX Swiss and expands its ecosystem with an important player in the Swiss financial market.

With the acquisition of a 10% stake in BX Swiss for a single-digit million amount, Leonteq is creating the basis for a long-term strategic partnership. The shares were acquired from the Boerse Stuttgart Group.

BX Swiss will benefit from Leonteq's ecosystem for investment solutions, which facilitates connectivity and collaboration with local and global players in the Swiss financial services sector. In return, Leonteq will gain access to the ecosystem of Boerse Stuttgart Group, the sixth largest exchange group in Europe, and will be able to participate directly in the growth of BX Swiss.

Leonteq already has a close partnership with BX Swiss, the second largest stock exchange in Switzerland. Leonteq has been operating as an issuer on the BX Swiss since 2021 and has successfully listed structured products in the regulated trading segment of deriBX and also listed exchange-traded products.

The two companies are also united by the vision of offering private and institutional investors efficient and cost-effective financial services through their digital platforms and products. For example, BX Swiss displays real-time prices for all securities tradable on its platform free of charge. In addition, both Leonteq and BX Swiss have been committed to transparency and knowledge transfer in the area of investment products and investment topics since their foundation.

Lukas Ruflin, CEO of Leonteq, stated: "BX Swiss is an attractive partner with whom Leonteq shares a strong fit in terms of client focus and innovation. We believe that exchange access and listing of investment products will continue to play an important role for our partners and clients. We are committed to further expanding our product offering and ecosystem, and a strategic stake in BX Swiss underpins our commitment to transparency, service and liquidity, a key focus for Leonteq since its foundation in 2007.”

Lucas Bruggeman, CEO of BX Swiss, said: "With a strategic partner like Leonteq, we can create ideal conditions for our partners. Together, we focus on the needs of self-directed investors in Switzerland and enable them to trade securities easily and cost-effectively, also thanks to our low-fee strategy."

BX Swiss AG is an established stock exchange based in Zurich whose origins date back to 1884. It is part of the Boerse Stuttgart Group and is subject to the Financial Market Infrastructure Act and supervision by the Swiss Financial Market Supervisory Authority FINMA. It offers active investors access to financial products such as equities from over 30 markets in Swiss francs, AMCs, ETFs, ETPs on various cryptocurrencies, bonds, investment funds and structured products (deriBX). BX Swiss was previously fully owned by the Boerse Stuttgart Group since March 2018.


CONTACT
Media Relations 
+41 58 800 1844
media@leonteq.com

Investor Relations 
+41 58 800 1855
investorrelations@leonteq.com

 

LEONTEQ

Leonteq is a Swiss fintech company with a leading marketplace for structured investment solutions. Based on proprietary modern technology, the company offers derivative investment products and services and predominantly covers the capital protection, yield enhancement and participation product classes. Leonteq acts as both a direct issuer of its own products and as a partner to other financial institutions. Leonteq further enables life insurance companies and banks to produce capital-efficient, unit-linked pension products with guarantees. The company has offices and subsidiaries in 13 countries across Europe, Middle East and Asia. Leonteq AG has a BBB credit-rating by Fitch Ratings, was assigned with an AA ESG-rating by MSCI and is listed on the SIX-Swiss Exchange (SIX: LEON).

www.leonteq.com

 

DISCLAIMER

This press release issued by Leonteq AG (the “Company”) serves for information purposes only and does not constitute research. This press release and all materials, documents and information used therein or distributed in the context of this press release do not constitute or form part of and should not be construed as, an offer (public or private) to sell or a solicitation of offers (public or private) to purchase or subscribe for shares or other securities of the Company or any of its affiliates or subsidiaries in any jurisdiction or an inducement to enter into investment activity in any jurisdiction, and may not be used for such purposes. Copies of this press release may not be made available (directly or indirectly) to any person in relation to whom the making available of the press release is restricted or prohibited by law or sent to countries, or distributed in or from countries, to, in or from which this is restricted or prohibited by law.

This press release may contain specific forward-looking statements, e.g. statements including terms like “believe“, “assume“, “expect“, "target" “forecast“, “project“, “may“, “could“, “might“, “will“ or similar expressions. Such forward-looking statements are subject to known and unknown risks, uncertainties and other factors which may result in a substantial divergence between the actual results, financial situation, development or performance of the Company or any of its affiliates or subsidiaries and those explicitly or implicitly presumed in these statements. These factors include, but are not limited to: (1) general market, macroeconomic, governmental and regulatory trends, (2) movements in securities markets, exchange rates and interest rates and (3) other risks and uncertainties inherent in our business. Against the background of these uncertainties, you should not rely on forward-looking statements. Neither the Company nor any of its affiliates or subsidiaries or their respective bodies, executives, employees and advisers assume any responsibility to prepare or disseminate any supplement, amendment, update or revision to any of the information, opinions or forward-looking statements contained in this press release or to adapt them to any change in events, conditions or circumstances, except as required by applicable law or regulation.



End of Media Release


1799281  19.12.2023 CET/CEST

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