Amsterdam, 20 March 2026. Further to the announcement on 24 February 2026 in
relation to SWI Capital Holding Ltd.’s (SWI) acquisition of a significant stake in a US data
center company (TargetCo), SWI announces today that it has entered into binding
agreements with its founder and majority shareholder, Max-Hervé George (the Founder),
and co-investor and existing shareholder, Aliya Fund Limited (AFL), for a private
placement of ordinary shares in the aggregate amount of €260 million, placed equally
between the investors. The shares will be issued today at a subscription price of €5.20,
and admission to trading is expected early next week.
The proceeds are intended to be used to partly fund the acquisition of the
abovementioned stake in TargetCo and for general corporate purposes.
Under the agreements, each investor is granted a conditional right to partially redeem
their capital on a special liquidity event linked to the TargetCo.
The issuance of shares to the Founder and this conditional right constitute a material
related party transaction, and as such, have been approved by SWI’s board of directors.
This press release contains information which is or may constitute inside information
within the meaning contemplated by the Market Abuse Regulation (EU) 596/2014.
