Share Buyback Program

Based on the authorization resolution of the General Assembly of 24 May 2016, the Board of Directors of Alpine Select has decided on 28 November 2016 to repurchase a maximum of 3,580,000 own registered shares at a fixed price (“Repurchase Offer”).

The Repurchase Offer is open for acceptance from 15 December 2016 to 29 December 2016, 4:00 p.m., CET. If the number of registered shares tendered by shareholders exceeds the maximum number of shares to be repurchased under the Repurchase Offer, the acceptance declarations will be reduced on a proportionate basis.

The share capital of Alpine Select currently registered in the commercial register amounts to CHF 286,324.64, divided into 14,316,232 registered shares with a par value of CHF 0.02 each. Accordingly, the repurchase offer relates to approximately 25% of Alpine Select's share capital as registered in the commercial register.

The repurchase offer serves the purpose of returning liquidity to the shareholders of Alpine Select, or to enable them to reduce their participation in the Company respectively. The Board of Directors of Alpine Select intends to ask the Annual General Meeting of 22 May 2017 to resolve the cancellation of the repurchased shares and the corresponding capital reduction.

Press Release Buyback - 29 November 2016

Share Buyback 2016 - Rückkaufinserat (advertisement)

Press Release Buyback - 29 December 2016

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