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09.11.2015 Alpine Select: Share buyback via second trading line of Alpine Select Ltd.

 

 

Press Release

Zug, 9 November 2015

Alpine Select: Share buyback via second trading line of Alpine Select Ltd.

The Board of Directors of Alpine Select Ltd. (Stock Exchange Symbol ALPN) has decided – based on the decision of the General Assembly on 20 May 2015 – to launch a share buyback program for a maximum of 10% of the share capital via a second trading line. Based on the current outstanding number of registered shares of Alpine Select of 14,316,232 this results in a maximum buyback volume of 1,431,623 registered shares. The actual amount of shares bought back will be determined by the company’s freely available liquidity on the one hand and by the supply on the second trading line on the other hand. Alpine Select retains the right to terminate the program at any time, and has no obligation to purchase treasury shares under this share buyback program.

The advertisement relating to the share buyback will be published on 11 November 2015. Trading on the second trading line will commence on 11 November 2015 and will be sustained until the ordinary shareholders meeting of Alpine Select in 2017 at the latest. After completion of the share buyback program, the Board of Directors will propose to the General Assembly the capital reduction by cancellation of all shares purchased within this buyback program. The transaction will be executed by the Neue Helvetische Bank AG, Zurich.

For further information, please contact Claudia Habermacher (This email address is being protected from spambots. You need JavaScript enabled to view it.) or visit our website www.alpine-select.ch.

About Alpine Select

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.


 

27.08.2015 Alpine Select: Semi-annual results and report as per 30 June 2015

 

 

Presse Release

Zug, 27 August 2015

Alpine Select: Semi-annual results and report as per 30 June 2015

  • Continued positive performance of portfolio and share price ;
  • HBM continues to be main driver for positive performance;
  • Increased engagement in ‘Japan’ funds and Altin Ltd;
  • Continued monitoring of markets and review opportunities that might arise.

During the first six months of 2015, Alpine Select share increased from CHF 16.78 to CHF 17.90, a positive performance for the reporting period of 6.7%. Also, the Net Asset Value (“NAV”) has developed positively, from CHF 16.93 to CHF 17.73 or plus 4.7%. (Performance figures include dividend pay-out to shareholders of CHF 1.00.)

With a realized profit of CHF 0.7 million and CHF 7.9 million (unrealized) our position in HBM Healthcare has again contributed the largest share to the positive result for the first half of 2015. Various visits to Japan have strengthened the positive views on this market, and Alpine Select has thus increased its allocation. In addition, Alpine Select remains convinced of the quality of Altin’s portfolio and has built up its holding to above 25% by buying shares at an attractive discount and after entry of Altin’s capital reduction in the commercial register of the Canton Zug.

In the year 2015 so far, we have already seen a number of market turbulences, driven by e.g. the Swiss National bank’s announcement to discontinue the minimum exchange rate of CHF 1.20 and the financial crisis in Greece. Alpine Select also monitors closely the current market turmoil caused by the slowdown of the Chinese economy and will adjust the portfolio, if necessary.

The semi-annual report as per 30 June 2015 can be downloaded from our website.

For further information, please contact Claudia Habermacher at This email address is being protected from spambots. You need JavaScript enabled to view it. or visit our website.

About Alpine Select

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.


 

20.05.2015 Alpine Select: The annual general meeting approves all proposals and recommendations

 

 

Press Release

Zug, 20 May 2015

Alpine Select: The annual general meeting approves all proposals and recommendations of the board of directors

At the annual general meeting held today in Zug, the shareholders approved all proposals and recommendations of the board of directors as described in the invitation.

The main decisions include the following:

The members of the Board and the Compensation Committee as well as the independent proxy advisor and the auditors were all re-elect for a further term of one-year. The members of the board and the Management were granted discharge.

The distribution of a tax-free dividend of CHF 1.00 was approved. The dividend will be paid-out to shareholders ex-date 26 May 2015 (value date: 28 May 2015).

Shareholders also authorized the board to launch at their discretion, a new share buyback program up to a maximum of 10% of the total share capital (in the period between 21 May 2015 and the AGM in 2017). The published share buy-back program, published on 29. April 2013 (2013 to 2015) has been completed. Under this program, the Company has bought back no shares.

The shareholders agreed to the proposed ordinary capital increase. In order to support an efficient placement of the new shares on the capital market and to broaden the company’s shareholder base, the shareholder’s subscription rights are according to the shareholders’ decision excluded. The board will carry out the decision in accordance to the placed subscriptions and within the period of three months. In addition, the shareholders approved the creation of authorized capital and the revised article 4a of the articles of association.

At today’s annual meeting of shareholders’, 52% of all shares were represented.

For further information, please contact Claudia Habermacher (chabermacher@alpine-select.ch) or visit our website www.alpine-select.ch.

About Alpine Select

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.


 

14.07.2015 Alpine Select: Completion of the ordinary capital increase

 

 

Press Release

Zug, 14 July 2015

Alpine Select: Completion of the ordinary capital increase

  • Gross proceeds of approx. CHF 16.51 Mio.
  • Placement price of CHF 17.60 per registered share

The Board of Directors of Alpine Select Ltd., Zug (Stock Exchange Symbol: ALPN) resolved on 13 July 2015 to issue a total of 938’278 new registered shares (Namenaktien) following the resolution by the shareholders of 20 May 2015 on an ordinary capital increase against cash contribution. The new shares were placed at a price of CHF 17.60 per registered share by way of an accelerated bookbuilding process. The price represents a slight premium of 3 cents to net asset value (NAV) of 9 July 2015 (CHF 17.57). Alpine Select receives gross proceeds of approximately CHF 16.51 million from the capital increase.

The issue of new shares has been carried out in the context of an ordinary capital increase as approved by the annual shareholders’ meeting, held on 20 May 2015. The execution of the capital increase is expected to be entered into the commercial register on 14 July 2015; the new shares will trade at the Swiss Stock Exchange for the first time on 16 July 2015. The capital increase results in a rise in the Alpine Select share capital to CHF 286’324.64. The subscription rights of shareholders have been excluded in accordance with the resolution passed by the Annual Shareholders Meeting.

For further information, please contact Claudia Habermacher (This email address is being protected from spambots. You need JavaScript enabled to view it.) or visit our website www.alpine-select.ch.

About Alpine Select

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.


 

04.06.2014 Open Letter to the Shareholders of HBM Healthcare Investments AG

 

 

Ihre Stimme zählt: Stärken Sie die Aktionärsdemokratie und helfen Sie mit bei der Bekämpfung des Discounts.
Für weitere Informationen beachten Sie bitte den beigefügten offenen Brief.

Gerne stehen wir Ihnen unter This email address is being protected from spambots. You need JavaScript enabled to view it. für Rückfragen zur Verfügung.


Your vote counts: Strengthen shareholders’ democracy and simultaneously help diminish the discount to book value.
For more information please read the attached open letter.

Please do not hesitate to contact us at This email address is being protected from spambots. You need JavaScript enabled to view it. – we are happy to answer any question you may have.