Tradable put options
The Annual General Meeting of 15 May 2017 authorised the Board of Directors of Castle Private Equity AG to buy back own shares up to a maximum of 10% of the share capital in order to a further capital reduction. Based on the decision taken by the Board of Directors on 29 May 2017, Castle Private Equity AG is offering its shareholders the opportunity of tendering their registered shares for redemption by exercising put options; Castle Private Equity AG will buy back a maximum of 1’308'641 registered shares (amounting to a maximum of 4.48% of the capital and the voting rights of the share capital currently registered in the commercial register and a maximum of 4.97% of the capital and voting rights of the share capital registered in the commercial register after completion of the capital reduction) at a price of CHF 18.15 per registered share. At the next Annual General Meeting, the Board of Directors of Castle Private Equity AG will propose a capital reduction by cancelling share capital in the amount of the buyback volume under this buyback programme. Within the scope of the aforementioned authorisation from the Annual General Meeting of 15 May 2017, Castle Private Equity AG is considering launching a new buyback programme via a second trading line following the buyback programme through the issuance of tradable put options.
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Buyback of own shares through the issuance of tradable put options for capital reduction
Rückkauf eigener Aktien durch Ausgabe von handelbaren Put-Optionen zum Zweck der Kapitalherabsetzung
Rachat d’actions propres, via l’émission d’options-put, à des fins de réduction du capital