Altin AG Altin: Confirmation of applied currency rate
21 September 2016 - 2:30AM
UK Regulatory
TIDMAIA
ALTIN - Distribution to shareholders of a combined CHF 24 -
confirmation of applied currency rate
ALTIN AG (SIX: ALTN, LSE: AIA)
At the occasion of the extraordinary General Meeting, held on 21
June 2016, the shareholders had accepted by significant margin the
proposed capital reduction by nominal value repayment and the
payment of a dividend through a partial dissolution of the legal
reserve from capital contribution approved by the Swiss Federal Tax
Administration.
ALTIN confirmed on 30 August 2016 (media release) that the
payment of a combined CHF 24.00 will be executed with value date 23
September 2016.
Today ALTIN confirms the exchange rate used for this
transaction: USD/CHF 0.97845.
For further information, please contact:
Thomas Amstutz
Tel. +41 (0)41 760 62 60
info@altin.ch
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 35 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. Thanks to these characteristics and a low
correlation with equity markets, ALTIN shares provide an ideal
complement to all diversified portfolios.
www.altin.ch
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(END) Dow Jones Newswires
September 20, 2016 12:30 ET (16:30 GMT)
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