After completion of the transaction, Jacobs Holding AG retains 1,649,976 shares representing 30.1% of Barry Callebaut’s share capital. As a result, Barry Callebaut’s free float at SIX Swiss Exchange will increase from 54.9% to 64.9 %.
Patrick De Maeseneire, CEO of Jacobs Holding, said: “Jacobs Holding remains the reference shareholder of Barry Callebaut and an active supporter to its continued growth journey. We stay fully involved in the further development of Barry Callebaut, which includes unchanged representation on Barry Callebaut’s Board of Directors.” Jacobs Holding AG has agreed to a lock-up of one year with respect to its remaining holding in Barry Callebaut.