Asset Value Investors reports stake below 10%
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Private Equity Holding AG /
Asset Value Investors reports stake below 10%
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Asset Value Investors reports stake below 10%
Zug, September 16, 2015
Asset Value Investors (AVI) informs that its position decreased below 10% as the
result of the sale of 156,000 PEHN on September 10, 2015. This position includes
the stake held by the British Empire Securities and General Trust plc (managed
by AVI), which decreased below 10% as a result, too.
The shares were acquired by the Company. The position in treasury shares
increased temporarily to 9.9%. The capital decrease by cancellation of 100,000
shares, which was approved by the Annual General Meeting on July 3, 2015, was
registered with the commercial register on September 10, 2015; after completion,
the treasury share position will amount to 207,022 shares, equal to 6.9% of the
share capital (3 million shares). The Company will inform about the completion
of the capital decrease in due time.
***
Private Equity Holding AG (SIX: PEHN) 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:
Lara Jud, Investor Relations, lara.jud(at)peh.ch, phone +41 41 726 79 80,
http://www.peh.ch
PEH - PR - 20150916:
http://hugin.info/130308/R/1952336/710101.pdf
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GlobeNewswire 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 GlobeNewswire
[HUG#1952336]
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Bereitgestellt von Benutzer: hugin
Datum: 16.09.2015 - 07:00 Uhr
Sprache: Deutsch
News-ID 420351
Anzahl Zeichen: 2268
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Town:
Zug
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Business News
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