GAM Holding AG: Execution of Capital Reduction
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GAM Holding AG /
GAM Holding AG: Execution of Capital Reduction
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With entry into the commercial register of the Canton of Zurich on 7 July 2016,
GAM Holding AG executed the capital reduction resolved by its shareholders at
the company's Annual General Meeting on 27 April 2016 and cancelled 3,100,000
shares repurchased under its share buy-back programme. The share capital of GAM
Holding AG now amounts to CHF 8,014,736.55 (160,294,731 registered shares at a
par value of CHF 0.05 per share).
The current share buy-back programme for the purpose of capital reduction,
launched on 28 April 2014, is scheduled to run over a maximum period of three
years and allows for the purchase of a maximum of 16.7 million shares. Details
of this current programme can be found at www.gam.com/sharebuybackprogramme.
For further information please contact:
Media Relations:
Larissa Alghisi Rubner, GAM Holding AG
T: +41 (0) 58 426 62 15
Investor Relations:
Patrick Zuppiger, GAM Holding AG
T: +41 (0) 58 426 31 36
About GAM
GAM is one of the world's leading independent, pure-play asset managers. It
provides active investment solutions and products for institutions, financial
intermediaries and private investors, under two brands: GAM and Julius Baer
Funds. The core investment business is complemented by private labelling
services, which include management company and other support services to third-
party institutions. GAM employs over 1,000 people in 11 countries with
investment centres in London, Zurich, Hong Kong, New York, Lugano and Milan. The
investment managers are supported by an extensive global distribution network.
Headquartered in Zurich, GAM is listed on the SIX Swiss Exchange and is a
component of the Swiss Market Index Mid (SMIM) with the symbol 'GAM'. The Group
has assets under management of CHF 114.7 billion (USD 119.8 billion) as at 31
March 2016.
English Press Release:
http://hugin.info/142256/R/2028113/753848.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: GAM Holding AG via GlobeNewswire
[HUG#2028113]
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