Alpine Select disclosed on 8 April 2016, that the Company had increased its stake in Altin Ltd. to over 50%. At the ordinary shareholders’ meeting of Altin Ltd. held today, the shareholders voted in favor of the board’s suggestions and elected Thomas Amstutz, Dieter Dubs and Gerhard Niggli new to the Board. The board of directors of Altin Ltd. is completed by Messrs André Pabst and Roger Rüegg, which were re-elected.
As of today, Alpine Select will publish – in addition to the currently published weekly Net Asset Value («NAV») (where the Altin position is calculated based on its share price) – a consolidated weekly NAV, where the Altin position is calculated based on its NAV.
For further information, please contact Claudia Habermacher (chabermacher@alpine-select.ch) or visit our website.
Press release Box-ID: 795292
Alpine Select AG
Bahnhofstrasse 23
6300
Zug,
Switzerland
http://www.alpine-select.ch
Alpine Select AG
Alpine Select Ltd is an investment company domiciled in Zug and has been listed on the Swiss Stock exchange since 1998. The company offers institutional and individual investors the opportunity to buy into a broad portfolio. Alpine Select maintains an active and constructive dialogue with management and board of directors of its portfolio companies in the best interest of its shareholders. Alpine Select does not charge any management or performance fees. The Company's shares are liquid and have always traded at or close to its Net Asset Value.
