LEONTEQ

Leonteq proposes Andreas Casutt as its new chairman of the board; Christopher Chambers will step down as announced. Also up for election are Reto Suter and Philippe Le Baquer as vice president, and a replacement for Philippe Weber is planned. Major shareholder Rainer‑Marc Frey (23.3%) is demanding a share buyback program of up to 100 million Swiss francs and a change to the articles of association regarding variable compensation; the board gives no recommendation on the buyback request and rejects the compensation amendment. At the extraordinary general meeting on 21 September, the discharge of the board and executive management for 2024 and 2025 will also be put to a vote. » Altro su finanzen.net

The Raiffeisen stake of 22.7% in Leonteq, announced in March, has been completed and sold to H21 Macro Limited and four private investors. Rainer‑Marc Frey now indirectly holds 23.3% via H21 Macro, Raiffeisen retains 7.0%, and the shareholder group formed for the stake has been dissolved. Leonteq has convened an extraordinary general meeting for 21 September; a planned change of the board chair and a motion to grant discharge were previously postponed because of ongoing regulatory reviews. » Altro su finanzen.net

FINMA has confirmed to Leonteq that all measures ordered under the 2024 proceedings have been implemented and that all pending regulatory proceedings against group companies are therefore closed. The measures were implemented as a high priority in 2025 and were reviewed in the second half of 2025 and in the first quarter of 2026 by an examiner appointed by FINMA. Leonteq emphasizes that it has strengthened its compliance and risk management, reduced target markets, ended relationships with unregulated intermediaries and made substantial investments in controls, monitoring and technology to support further growth. » Altro su finanzen.net