Annual Results / Annual General Meeting on July 05, 2012 in Zug
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Private Equity Holding AG /
Annual Results / Annual General Meeting on July 05, 2012 in Zug
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Annual Results / Annual General Meeting on July 05, 2012 in Zug
NEWS RELEASE
Zug, June 13, 2012
Private Equity Holding AG (PEH) has published the invitation for its 15th Annual
General Meeting to be held on July 05, 2012, in Zug and the annual report for
the financial year 2011/2012 on its website. Registered shareholders will
receive the invitation in the course of the next days via mail.
The audited Net Asset Value (NAV) per share as of March 31, 2012 amounts to EUR
55.85 (CHF 67.32), which represents an increase of 6.4% (in EUR) since April
1, 2011 including the capital reduction of CHF 2.00 per share in September
2011. PEH reports a comprehensive income of EUR 10.6 million for the financial
year; both its balance sheet and off-balance sheet ratios have improved further
throughout the year: the fair value of the portfolio increased by 7% and the
over-commitment ratio decreased from 27% to 22%.
***
Private Equity Holding AG (SIX: PEHN), managed by Alpha Associates, offers
investors the opportunity to invest, within a simple legal and tax optimized
structure, in a broadly diversified and professionally managed private equity
portfolio.
For further information, please contact:
Peter Wolfers, Investor Relations, peter.wolfers(at)peh.ch, phone +41 41 726 79 80
or http://www.peh.ch.
Basis of NAV calculation and disclaimer
The number of outstanding shares used for calculation of the Net Asset Value per
share amounted to 3,599,195 as of March 31, 2012 (February
29, 2012: 3,599,948). The calculations are prepared in accordance with
International Financial Reporting Standards (IFRS) and pursuant to the
guidelines of the European Venture Capital Association (EVCA). The Net Asset
Values of the fund investments are based on the most recent report of the latest
NAV (net asset values) as reported by the funds. Unlisted direct investments are
rated at Net Asset Values. The Net Asset Value of listed direct investments is
the market value. Based on a composite assessment of all appropriate and
applicable indicators of the Net Asset Value, Private Equity Holding AG makes a
good faith estimate of the Net Asset Value as of the valuation date. The Net
Asset Values are calculated under a going concern assumption. The Net Asset
Value of Private Equity Holding AG is computed as of the end of each month and
published four trading days after the cut-off date. The different reporting cut-
off dates of the individual companies and funds in which participations are held
can lead to short-term distortions and cause discrepancies between the published
Net Asset Value and the actual total value of Private Equity Holding AG's net
assets. The accuracy of the information cannot be guaranteed and no liability
shall be accepted in this respect. This newsletter is for information only and
does not constitute an offer to buy or sell PEH-shares.
News Release:
http://hugin.info/130308/R/1619216/517138.pdf
This announcement is distributed by Thomson Reuters on behalf of
Thomson Reuters clients. The owner of this announcement warrants that:
(i) the releases contained herein are protected by copyright and
other applicable laws; and
(ii) they are solely responsible for the content, accuracy and
originality of the information contained therein.
Source: Private Equity Holding AG via Thomson Reuters ONE
[HUG#1619216]
Unternehmensinformation / Kurzprofil:
Datum: 13.06.2012 - 07:01 Uhr
Sprache: Deutsch
News-ID 155870
Anzahl Zeichen: 4274
contact information:
Town:
Zug
Kategorie:
Business News
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