tradable put options


The Annual General Meeting of 16 May 2017, it was decided to reduce the share capital by CHF 4,662,175 to CHF 43,606,485 by cancellation of 932,435 registered shares. Implementation of this capital reduction will be entered in the commercial register upon closing of the period for the filing of claims. Furthermore, the Annual General Meeting of 16 May 2017 authorised the Board of Directors of Castle Alternative Invest 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 28 June 2017, Castle Alternative Invest AG is offering its shareholders the opportunity of tendering their registered shares for redemption by exercising put options; Castle Alternative Invest AG will buy back a maximum of 289,442 registered shares (amounting to a maximum of 3.00% of the capital and the voting rights of the share capital currently registered in the commercial register and a maximum of 3.32% 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 17.70 per registered share. At the next annual general meeting, the Board of Directors of Castle Alternative Invest 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 16 May 2017, Castle Alternative Invest 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

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