Annual Financial Report
April 02 2012 - 11:30AM
UK Regulatory
TIDMAIA
ALTIN: 2011 annual report
Baar, 2 April 2012 - ALTIN AG (SIX: ALT, LSE: AIA), the Swiss
alternative investment company listed on the London and Swiss stock
exchanges, publishes its annual report for the year 2011 today. The
annual report is available on the company's web site under the
"About ALTIN"/"Reports & Publications" section
(https://www.altin.ch/about-altin/publications/index.htm). A
detailed release will be distributed following the Annual General
Meeting on 25 April.
In accordance with the new dividend policy announced on 24
November 2011, the Board of Directors proposes to shareholders to
accept a dividend of CHF 4.10 per share, paid out of share premium
reserves. This amount corresponds to 7% of the NAV as per 31
December 2011 representing a dividend yield of 9.3% based on the
end-of-year share price1, and is therefore significantly higher
than initially expected. With this proposal, the Board of Directors
intends to establish ALTIN as an even more appealing investment, by
attracting a wider pool of investors.
For the time being, the Board of Directors does not intend to
propose the election of a new Board member, in replacement of
Francesco Rossi who passed away in autumn 2011.
The invitation to the General Assembly and the annual report are
available on the company's web site under "About ALTIN"/"Reports
& Publications", respectively "Other documents" and "Annual
Reports" sections
(https://www.altin.ch/about-altin/publications/index.htm).
For further information, please contact:
Marc T. Clapasson David Hothersall
Investor Relations Manager Switzerland Kinlan Communications
Tél. +41 41 760 62 60 Tel. +44 20 7638 3435
info@altin.ch davidh@kinlan.net
Marie-Claire Panayiotopoulos
Investor Relations Manager UK
Tél. +41 41 760 62 60
info@altin.ch
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 has one of the
longest track records in the world as a listed fund of hedge
funds.
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
1 Figure based on a share price of USD 46.8 on 30 December 2011
(SIX Swiss Exchange).
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