TIDMAIA 
 
 

ALTIN: Treasury shares

 

Baar, 9 June 2015 - ALTIN AG (SIX: ALTN, LSE: AIA), the Swiss alternative investment company listed on the London and Swiss stock exchanges, informs that it holds through its subsidiary Altin (Cayman) Ltd. 56'327 treasury shares (1.47% of voting rights).

 

As previously disclosed and as a result of the share buyback through a put options programme launched on 27 February 2015 and completed on 13 March 2015, ALTIN AG holds an additional 374'161 shares (9.78% of voting rights).

 

The total combined holdings of the Company and Subsidiary amount to 430'488 shares which equals 11.26% of voting rights. As decided at the AGM held on 11 May 2015, these shares acquired as a result of the put options programme will be cancelled (the cancellation is expected to be registered by the end of July 2015).

 

For further information, please contact:

 
Tony Morrongiello - Chief Executive Officer     Kinlan Communications 
Tel. +41 (0)41 760 62 60                        David Hothersall 
info@altin.ch                                   Tel. +44 (0)20 7638 3435 
                                                davidh@kinlan.net 
 
 

Note to Editors

 

About ALTIN AG

 

ALTIN AG was launched in 1996 and is listed on the SIX Swiss Exchange as well as on the London Stock Exchange. It ranks among Switzerland's leading alternative investment companies. Currently, ALTIN is invested in more than 40 hedge funds representing diverse investment strategies. Its objective is to generate an absolute compound annual return in USD terms with lower volatility than equity markets. Owing to these characteristics and a low correlation with equity markets, ALTIN shares provide an ideal complement for all diversified portfolios.

 

www.altin.ch

 
 
 

View source version on businesswire.com: http://www.businesswire.com/news/home/20150609005966/en/

 
This information is provided by Business Wire 
 
 
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