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.