SWI Group secures €260M euro capital increase in relation to the expansion to NorthAmerica of its AI & data center strategy
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.

