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Gategroup Holding AG (GATE.S)

GATE.S on Swiss Exchange

52.90CHF
22 Mar 2017
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Latest Key Developments (Source: Significant Developments)

Gategroup Holding renews agreements with Virgin Atlantic
Monday, 13 Mar 2017 02:00am EDT 

Gategroup Holding AG : It has renewed agreements with Virgin Atlantic .Extends its current contract which was set to expire in June 2017.  Full Article

Gategroup Holding says increases bond issuance by CHF 50 million
Thursday, 16 Feb 2017 11:40am EST 

Gategroup Holding AG :Had raised 300 million Swiss francs ($300.4 million) through issuance of a fixed rate 5-year senior bond. Due to strong investor demand, transaction was subsequently increased by 50 million to 350 million francs.  Full Article

gategroup successfully raised CHF 300 mln by issuing 5-yr senior bond
Tuesday, 14 Feb 2017 01:00am EST 

Gategroup Holding AG : Successfully raised 300 million Swiss francs ($298.86 million) through issuance of a fixed rate 5-year senior bond with a final maturity on Feb. 28, 2022 . Bond with a coupon of 3 percent p.a. has been issued by gategroup Finance (Luxembourg) S.A. and is guaranteed by its parent company gategroup Holding AG .Settlement date of bonds is Feb. 28, 2017.  Full Article

Gategroup: Exemption from conditions for maintaining listing
Wednesday, 11 Jan 2017 02:16am EST 

Gategroup Holding AG :Said on Tuesday that in its decision of Jan. 9, SIX Exchange Regulation has granted Gategroup Holding AG several temporary exemptions from the obligations for maintaining its listing.  Full Article

Air France KLM finalizes sale of 49.99 pct of Servair
Thursday, 29 Dec 2016 01:30am EST 

Air France klm SA : Air France KLM finalizes the transaction to sell 49.99% of the servair share capital and transfer its operational control to Gategroup . Finalized the agreement for the sale to Gategroup of 49.99% of the Servair share capital and the transfer of its operational control for an enterprise value of 475 million euros ($496.9 million) (100% basis) .Sale will be effective as of 30 December 2016, and the new Board of Directors controlled by Gategroup will take office as of 1 January 2017.  Full Article

HNA to file request for cancellation of outstanding publicly held gategroup shares
Thursday, 13 Oct 2016 01:00am EDT 

HNA Group Co. Ltd.: Confirms to file request for cancellation of outstanding publicly held gategroup shares . Intends to instruct gategroup to apply to the SIX Swiss Exchange for delisting of gategroup shares following settlement of the offer .Seeks to buy additional gategroup shares on- or off-exchange at offer price of 53.00 Swiss francs ($54.26).  Full Article

Gategroup Holding H1 revenue up 13 pct at CHF 1.6 billion
Thursday, 1 Sep 2016 01:07am EDT 

Gategroup Holding AG : H1 revenue at constant currency up 13.1 pct year over year to 1,600.1 million Swiss francs ($1.63 billion) for first half 2016, with organic volume growth at 6.7 pct . Significant acceleration in first half 2016 EBITDA, from 29.8 million Swiss francs last year to 77.9 million Swiss francs at constant currency .H1 net profit attributable to shareholders reported of 18.3 million francs. Free cash flow improved by 30.4 million francs year over year.  Full Article

Gategroup Holding: HNA releases prelim interim result of public tender offer
Monday, 4 Jul 2016 01:02am EDT 

Gategroup Holding AG : HNA releases preliminary interim result of public tender offer for Gategroup Holding AG .Up to expiration of initial acceptance period on July 1, 2016, a total of 16,414,959 gategroup shares have been tendered into offer.  Full Article

Gategroup Holding: tender offer by HNA on acquisition of gategroup
Monday, 27 Jun 2016 01:01am EDT 

Gategroup Holding AG :HNA Aviation Air Catering announces to keep separate second trading line for Gategroup shares tendered into offer open beyond end of additional acceptance period until shortly before settlement of offer.  Full Article

Gategroup Holding: HNA publishes public tender offer prospectus
Friday, 20 May 2016 01:10am EDT 

Gategroup Holding AG : HNA publishes offer prospectus for public tender offer for Gategroup .HNA aviation offers 53.0 Swiss francs ($53.43) net in cash per share of Gategroup, nominal volume 5.0 Swiss francs each.  Full Article

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