Share buyback by issuing tradable put options successfully completed and announcement of a new share buyback programme at market price (maximum daily buyback volume limited to 10,855 registered shares)

On 12 November 2018 Castle Alternative Invest Ltd. announced a share buyback programme by issuing put options tradable on SIX Swiss Exchange. The put options have been traded from 15 to and including 29 November 2018. Every 20 put options entitled shareholders to tender one registered share at the exercise price of CHF 18.00.

In total, 348,109 registered shares were tendered which correspond to 4.43% of the share capital and voting rights registered in the commercial register. The net purchase price (exercise price minus 35% withholding tax calculated on the difference between the exercise price and the nominal value) will be paid on 4 December 2018. It is intended that approval for the cancellation of all registered shares repurchased will be sought at the next Annual General Meeting.

Furthermore, following the termination of the buyback via issuance of tradable put options, the Board of Directors of Castle Alternative Invest Ltd. decided to launch a new share buyback programme on a second trading line at SIX Swiss Exchange. It will start on 5 December 2018 (first trading day) and a maximum of 438,133 registered shares (maximum 5.57% of the share capital and voting rights registered in the commercial register) will be purchased for cancellation purposes.

Buyback of own shares for the purpose of a capital reduction
Rückkauf eigener Aktien zum Zweck der Kapitalherabsetzung
Rachat d’actions propres dans le but d’une réduction de capital


03 December 18, 5:31 PM

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