Timeline

Voting rights breakdown

Notice details

Beneficial owner

Castle Alternative Invest AG

On 18 May 2015 Castle Alternative Invest Ltd. announced a share buyback programme by issuing put options tradable on SIX Swiss Exchange. The put options have been traded from 21 May 2015 to and including 4 June 2015. Every 30 put options entitled shareholders to tender one registered share at the exercise price of CHF 17.80. In total, 10,532,370 put options have been declared for exercise. The 351,079 registered shares tendered correspond to 2.84% of the share capital and voting rights registered in the commercial register. The net purchase price (exercise price minus 35% withholding tax calculated on the difference between the exercise price and the nominal value) will be paid on 9 June 2015. It is intended that approval for the cancellation of all registered shares repurchased will be sought at the Annual General Meeting in 2016. Furthermore, the Board of Directors of Castle Alternative Invest Ltd. decided following the termination of the buyback via issuance of tradable put options to launch a new share buyback programme for reduction of the share capital through a second trading line on SIX Swiss Exchange. It will start on 9 June 2015 (first trading day) and a maximum of 724 526 registered shares (maximum 5.85% of the share capital registered in the commercial register) will be purchased.