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SWI Group Secures Major Investment for North America Expansion

On March 20, 2026, SWI Group announced a substantial capital increase amounting to €260 million aimed at expanding its operations in North America, particularly focusing on artificial intelligence and data centers. This move comes shortly after their earlier announcement regarding the acquisition of a significant stake in a US-based data center entity, referred to as TargetCo.

The agreement involves binding commitments from the founder and majority shareholder, Max-Hervé George, alongside co-investor Aliya Fund Limited, to participate equally in this private placement of shares. Each investor will receive shares priced at €5.20, and trading is expected to commence soon.

The funds raised will be allocated towards fulfilling the acquisition of the aforementioned stake in TargetCo, as well as supporting general corporate activities. As part of the agreements, both investors will hold a conditional right that allows them to partially redeem their investment when specific liquidity events tied to TargetCo occur.

This share issuance and the related investment agreements have been duly approved by SWI's board, mitigating any potential conflict of interest given the involvement of major stakeholders. Furthermore, SWI Group acknowledges that the information disclosed could be classified as inside information under the existing Market Abuse Regulation (EU) 596/2014, thus underscoring the strategic significance of this transaction within the financial regulatory landscape.

About SWI Group

SWI Stoneweg Icona Group is a diversified investment conglomerate traded on the Amsterdam Euronext Stock Exchange, identifiable under the stock ticker SWICH (ISIN SGXPZ11CH7U7). The Group operates across various sectors including data centers, real estate, credit, and financial services. Its investment strategies are not only rooted in rigorous research and hands-on expertise but also focus on maximizing returns through efficient implementation of strategies.

With around €11 billion in assets under management, SWI Group exhibits a robust global presence, employing over 280 professionals in 26 offices worldwide. The company’s commitment to leveraging local insights and operational capabilities enables it to identify and capitalize on lucrative investment opportunities across different markets.

In recent times, the surge in demand for data centers and AI capabilities has positioned SWI Group uniquely to become a key player in the North American tech landscape. The capital raised through this private placement is expected to significantly enhance their capacity to innovate and meet growing market demands.

The expansion into North America signifies not just a geographical shift but also a strategic enhancement of SWI Group's core competencies in AI and data management. As technology continues to evolve, the Group’s proactive approach to investment ensures that it remains at the forefront of industry advancements.

By aligning its operations with current trends and future needs, SWI Group is set to make a notable impact in the data center market, thereby affirming its commitment to driving robust growth and delivering value to its shareholders.