Shift in Nationale Suisse's shareholding structure: Swiss Mobiliar acquires 7.8 % of the shares
(Thomson Reuters ONE) -
Nationale Suisse /
Shift in Nationale Suisse's shareholding structure: Swiss Mobiliar acquires 7.8
% of the shares
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The issuer is solely responsible for the content of this announcement.
Swiss Mobiliar is acquiring 7.8 % of the shares in Nationale Suisse and after
completion of the deal will thus have a 19.2 % stake in the insurance group. The
shares originate from the holding of VHV. Nationale Suisse sees potential for
further expansion of the cooperation with Swiss Mobiliar in its operational
insurance business. However, now as previously the changed composition of the
shareholder base keeps open all options in terms of cooperation with all core
shareholders.
German VHV Allgemeine Versicherung AG is selling its 7.8 % stake in Nationale
Suisse to Swiss Mobiliar. As a result VHV is no longer one of the major
shareholders of the international insurance group. After completion of the deal
Swiss Mobiliar Holding Ltd. (Swiss Mobiliar) will hold a total of 4 227 710
registered shares in Swiss Nationale Insurance Company Ltd (Nationale Suisse),
which represents 19.2 % of the registered share capital.
Swiss Mobiliar has been a core shareholder of Nationale Suisse since August
2012. The two insurers have since then intensified their cooperation, expanding
this from vehicle expertise with Swiss Mobiliar subsidiary XpertCenter Inc. to
art insurance. "The intensified cooperation with Swiss Mobiliar has got off to a
good start. There is most certainly potential to further reinforce it," says
Hans Künzle, CEO of Nationale Suisse. "The increased involvement of Swiss
Mobiliar demonstrates to us that we are perceived as an attractive company which
will continue to carve out a successful future for itself. Our track record is
clear proof that we have a future as an independent company."
Nationale Suisse has a broad shareholder base and with all its core shareholders
it strives to exploit the potential arising from the close connection with
mutually attractive cooperation ventures. "The changed composition of the
shareholder base also keeps open every option in terms of cooperation with any
of the core shareholders," says Hans Künzle. Nationale Suisse is maintaining the
5.0 % restriction on voting rights for shareholders.
Brief profile
Nationale Suisse is an innovative, international and independent Swiss insurance
group providing first-rate risk and pension solutions in non-life and life
business as well as a growing number of tailored specialty lines products.
Consolidated gross premiums came to CHF 1.51 billion in 2012. The Group
comprises the parent company and about 20 subsidiaries and branch offices for
focused product lines in Switzerland, Italy, Spain, Germany, Belgium,
Liechtenstein, Malaysia, Latin America and Turkey. The headquarters of Swiss
National Insurance Company Ltd are in Basel. Nationale Suisse is listed on the
SIX Swiss Exchange (NATN). On 30 June 2013, the Group employed 1 889 staff
(full-time equivalents).
Information
Remo Meier Nationale Suisse
Investor Relations Steinengraben 41
Phone +41 61 275 22 45 4003 Basel
Fax +41 61 275 22 21 Switzerland
remo.meier(at)nationalesuisse.com www.nationalesuisse.com/investor-
relations
Christina Hartmann Nationale Suisse
Media Relations Steinengraben 41
Phone +41 61 275 23 40 4003 Basel
Fax +41 61 275 22 21 Switzerland
christina.hartmann(at)nationalesuisse.com www.nationalesuisse.com/media-
relations
Key dates
Publication of the annual report 2013 26.03.2014
Media conference to announce financial 26.03.2014
results
at Widder Hotel, Zurich
Financial analysts' conference at Widder 26.03.2014
Hotel, Zurich
Annual General Meeting, Basel 19.05.2014
Disclaimer and exclusion of liability
The purpose of this press release is to inform the public about certain events
or developments arising from the company's business. The information published
in this article is not an advertisement, offer or recommendation to engage in
transactions involving securities or other products of Nationale Suisse or any
other type of transaction. This press release may contain certain forward-
looking statements. Even if these forward-looking statements reflect the opinion
and expectations of Nationale Suisse, a number of risks, uncertainties and other
important factors may lead to actual developments and results differing strongly
from the expectations of Nationale Suisse. It is pointed out expressly that the
statements and projections contained in this press release are selective in
nature. Nationale Suisse provides no guarantee, either explicitly or implicitly,
regarding the accuracy and completeness of the statements and forecasts
published in this press release. Neither Nationale Suisse nor its executive
bodies or senior managers accept any liability for any damage or losses arising
directly or indirectly from the use of this press release. Unless otherwise
provided by applicable binding law Nationale Suisse is under no obligation to
update or amend the statements contained in this press release, be it in
response to new information, future events or any other reasons.
Updated post-publication information is available on our website
www.nationalesuisse.com. You may find further details and forecasts about the
business of Nationale Suisse there.
Press release:
http://hugin.info/100296/R/1739861/584163.pdf
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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: Nationale Suisse via Thomson Reuters ONE
[HUG#1739861]
Unternehmensinformation / Kurzprofil:
Datum: 01.11.2013 - 17:30 Uhr
Sprache: Deutsch
News-ID 311875
Anzahl Zeichen: 6995
contact information:
Town:
Basel
Kategorie:
Business News
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