Information
September 13 2011 - 11:30AM
UK Regulatory
TIDMAIA
ALTIN
Baar, 13 September 2011 - The Board of Directors of ALTIN AG
(SIX: ALTN, LSE: AIA), the Swiss alternative investment company,
has decided not to propose to shareholders the transformation of
the Company into an open-end collective investment vehicle. After a
thorough assessment, it appears that, given tax and regulatory
aspects in some countries, such a change would not be in the
interest of all shareholders.
This restructuring project was one of the options announced in
April 2011 in the context of the shareholder value promotion policy
put in place by the Board several years ago.
In addition to the discount reduction measures currently in
place, the Board of Directors is considering several other options,
such as the resumption of the share buyback program, a reduction of
the nominal value or an increase of the portfolio publication
frequency.
For further information, please contact:
Investor Relations Manager Kinlan Communications
Marc T. Clapasson David Hothersall
Tel. +41 41 760 62 60 Tel. +44 (0)20 7638 3435
info@altin.ch davidh@kinlan.net
Note to Editors
About ALTIN AG
ALTIN AG was launched in 1996 and is listed on the SIX Swiss
Exchange as well as on the London Stock Exchange. It ranks among
Switzerland's leading alternative investment companies. Currently,
ALTIN is invested in more than 35 hedge funds representing diverse
investment strategies. Its objective is to generate an absolute
compound annual return in USD terms with lower volatility than
equity markets. Owing to these characteristics and a low
correlation with equity markets, ALTIN shares provide an ideal
complement for all diversified portfolios.
ALTIN is managed by Alternative Asset Advisors SA, a management
firm specializing in alternative investments and a member of the
SYZ & CO Group.
www.altin.ch
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