Annual Results / Annual General Meeting on July 8, 2016 in Zug
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Private Equity Holding AG /
Annual Results / Annual General Meeting on July 8, 2016 in Zug
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Annual Results / Annual General Meeting on July 8, 2016 in Zug
NEWS RELEASE
Zug, June 16, 2016
Private Equity Holding AG (PEH) has published the invitation for its 19th Annual
General Meeting to be held on July 8, 2016, in Zug and the annual report for the
financial year 2015/2016 on its website. Registered shareholders will receive
the invitation in the course of the next days by mail.
The Board of Directors of Private Equity Holding AG (PEH) proposes a
distribution of CHF 2.75 per registered share from capital surplus (agenda item
5). Subject to approval by shareholders at the annual general meeting, the
distribution will be made as follows: July 12, 2016, is the ex date, July
13, 2016, is the record date and July 14, 2016, is the payment date of the
distribution.
The audited Net Asset Value (NAV) per share as of March 31, 2016 amounts to EUR
77.50 (CHF 84.60), which represents an increase of 10.7% (in EUR) since April
1, 2015 including the distribution of CHF 2.75 per share in July 2015. PEH
reports a comprehensive income of EUR 16.4 million for the financial year.
***
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
Basis of the Net Asset Value Calculation and Disclaimer
The number of outstanding shares used for calculation of the Net Asset Value per
share amounted to 2,739,214 as of March 31, 2016. 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 valuations of the fund investments are based on the most recent reported net
asset values (NAVs) of the funds. In estimating the fair value of unquoted
direct investments, Private Equity Holding AG considers the most appropriate
market valuation techniques. The fair value of listed direct investments is the
market value. The NAV of Private Equity Holding AG is calculated at the end of
each month under a going concern assumption and usually published within six
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 NAV and the
actual total value of Private Equity Holding AG's net assets.
PEH AR 2015/2016:
http://hugin.info/130308/R/2020895/750716.pdf
This announcement is distributed by GlobeNewswire on behalf of
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(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#2020895]
Unternehmensinformation / Kurzprofil:
Datum: 16.06.2016 - 07:00 Uhr
Sprache: Deutsch
News-ID 478053
Anzahl Zeichen: 3866
contact information:
Town:
Zug
Kategorie:
Business News
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