As announced in our newsletter of August 20, 2023, UBS had until Friday, December 15, 2023 (midnight) to respond to all requests for control of the exchange ratio (including LegalPass’ request).
UBS has since requested a deadline extension on January 10, 2024 (midnight). UBS justified its request by arguing that the deadline had originally been set during July 2023 in the context of another application for control of the exchange ratio. According to UBS, as the original deadline did not take into account the other legal claims filed afterwards, an extension had to be granted in view of this "additional workload". The court decided to grant the extension requested by UBS.
As a result, we will probably not be able to provide you with any information before January 11, 2024 at the earliest (the deadline expires at midnight on January 10). Please note that it will probably take a few more days for the court to send us the file, so that we can provide you with the answer and a summary (in English, as we did for the application).
So please don't worry if you don't receive immediate communication from us. For the sake of equal treatment, we always communicate any news to all newsletter subscribers simultaneously and spontaneously. So there's no need to write or call to request a copy of documents or news. We will do our utmost to keep you informed as soon as possible.
In this respect, we have not sent you any newsletters since August 2023, as we simply had no new information to share with you regarding the procedure.
Finally, please do not unsubscribe from our newsletter, and set up your e-mail inbox so that our newsletters do not fall into your spam folder. If you do, you will no longer receive our communications and may, for example, be unable to take part in a vote.