Annual Results / Annual General Meeting on July 12, 2018 in Zug
The Board of Directors of Private Equity Holding AG (PEH) proposes a distribution of CHF 2.00 per registered share from capital surplus (agenda item 5). Subject to approval by shareholders at the annual general meeting, the distribution will be made as follows: July 13, 2018, is the ex date, July 16, 2018, is the record date and July 17, 2018, is the payment date of the distribution.
The audited Net Asset Value (NAV) per share as of March 31, 2018 amounts to EUR 77.79 (CHF 91.39); PEH reports a comprehensive income of EUR 2.4 million for the financial year.
Private Equity Holding AG (SIX: PEHN) offers investors the opportunity to invest, within a simple legal and tax optimised structure, in a broadly diversified and professionally managed private equity portfolio.
Basis of the Net Asset Value Calculation and Disclaimer
The number of outstanding shares used for calculation of the Net Asset Value per share amounted to 2,614,954 as of March 31, 2018. The calculations are prepared in accordance with International Financial Reporting Standards (IFRS) and pursuant to the guidelines of Invest Europe. The valuations of the fund investments are based on the most recent reported net asset values (NAVs) of the funds. In estimating the fair value of unquoted direct investments, Private Equity Holding AG considers the most appropriate market valuation techniques. The fair value of listed direct investments is the market value. The NAV of Private Equity Holding AG is calculated at the end of each month under a going concern assumption and usually published within six trading days after the cut-off date. The different reporting cut-off dates of the individual companies and funds in which participations are held can lead to short-term distortions and cause discrepancies between the published NAV and the actual total value of Private Equity Holding AG's net assets. Please note that the financial data in this newsletter is unaudited. The accuracy of the information cannot be guaranteed and no liability shall be accepted in this respect. This newsletter is for information only and does not constitute an offer to buy or sell PEH-shares.