Share buyback programme at a fixed price successfully completed
On 8 February 2018 the Board of Directors of Castle Private Equity Ltd. decided to implement the share buyback programme at a fixed price. Castle Private Equity Ltd. planed to repurchase up to 6,165,955 registered shares (23.42% of the outstanding share capital) at a buyback price of CHF 17.25 per registered share.
In total, 6,301,374 registered shares were tendered which correspond to 23.94% of the share capital and voting rights registered in the commercial register. The tendered declarations will be reduced accordingly (pro rata). The net purchase price (buyback price minus 35% withholding tax calculated on the difference between the buyback price and the nominal value) is scheduled to be paid on 13 March 2018. It is intended to seek approval for the cancellation of all registered shares repurchased at the Annual General Meeting 2018.
The suspended share buyback programme via a second trading line will be continued from 12 March 2018.
Further information is available under www.castlepe.com.