Wednesday, June 25, 2014
GAM Holding AG: Execution of Capital Reduction
With entry into the commercial register of the Canton of Zurich on 25 June 2014, GAM Holding AG executed the capital reduction resolved by its shareholders at the company’s Annual General Meeting on 15 April 2014 and cancelled 6,567,929 shares repurchased under a former share buy-back programme. The share capital of GAM Holding AG now amounts to CHF 8,333,086.55 (166,661,731 registered shares at a par value of CHF 0.05 per share).
The current share buy-back programme for the purpose of capital reduction, launched on 28 April 2014, is scheduled to run over a maximum period of three years and allows for the purchase of a maximum of 16.7 million shares. Details of this current programme can be found at www.gamholding.com/sharebuybackprogramme.
For further information please contact:
Media Relations:
Larissa Alghisi Rubner, GAM Holding AG
T: +41 (0) 58 426 62 15
Investor Relations:
Patrick Zuppiger, GAM Holding AG
T: +41 (0) 58 426 31 36