Switzerland (AO) | La Petite Suisse

Research evidence excerpt

Switzerland (AO) | La Petite Suisse

News comment

Release date: 22 May 2026

Torsten Sauter

Head of Swiss Equity Research

+41 43 333 6002

tsauter@keplercheuvreux.comSwitzerland

All Caps

La Petite Suisse

Key points:

With Whit Monday being a national bank holiday, the week ahead looks light in terms of news flow. Interim updates are

expected by Addex, Epic, Galenica, Partners Group, and Varia US. Moreover, Dottikon ES and LEM are due to publish FY

2025/26 results. Swissquote will implement its 1 for 10 share split on 26 May, increasing shares outstanding to 153.3m and

reducing par value to CHF 0.02. The split adjusted shares will begin trading on SIX on 28 May.

Swiss Dutch chemicals group DSM-Firmenich listed on SIX Swiss Exchange on 21 May, triggering automatic inclusion in the SPI

and SPI Extra on 22 May. SMI inclusion is not automatic and is the central open question. The earliest realistic window is the

September 2026 extraordinary review. For SMI eligibility, the company needs to rank in the top 18 on SIX's composite selection

list. Ranks 19–22 are a buffer zone where existing SMI members have priority - meaning rank 19–22 likely isn't enough for a new

entrant. There is also a dual listing penalty rule: if less than 50% of DSM's total global volume trades on SIX, additional liquidity

criteria apply, making SMI inclusion harder. If the company were to enter the SMI, Logitech and Kuehne+Nagel would likely be

the most probable exit candidates. Until now, the shares were traded only on Euronext Amsterdam.

Landis+Gyr is set to publish its annual report on 29 May, just before holding its CMD on 1 June in New York. The event will be held

in person at the Nasdaq MarketSite and will also be accessible via live webcast (details here).