Altin AG Altin: Confirmation of applied currency rate

 
TIDMAIA 
 
 

ALTIN - Distribution to shareholders of a combined CHF 24 - confirmation of applied currency rate

ALTIN AG (SIX: ALTN, LSE: AIA)

At the occasion of the extraordinary General Meeting, held on 21 June 2016, the shareholders had accepted by significant margin the proposed capital reduction by nominal value repayment and the payment of a dividend through a partial dissolution of the legal reserve from capital contribution approved by the Swiss Federal Tax Administration.

ALTIN confirmed on 30 August 2016 (media release) that the payment of a combined CHF 24.00 will be executed with value date 23 September 2016.

Today ALTIN confirms the exchange rate used for this transaction: USD/CHF 0.97845.

For further information, please contact:

Thomas Amstutz

Tel. [phone]

[e-mail]

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. Thanks to these characteristics and a low correlation with equity markets, ALTIN shares provide an ideal complement to all diversified portfolios.

www.altin.ch

View source version on businesswire.com: http://www.businesswire.com/news/home/20160920006579/en/

 
This information is provided by Business Wire 
 
 

(END) Dow Jones Newswires

September 20, 2016 12:30 ET (16:30 GMT)