euro adhoc: shaPE Capital AG
Buybacks
shaPE Capital AG to start share
buyback program
Disclosure announcement transmitted by euro adhoc. The issuer is responsible for the content of this announcement.
14.11.2008
Pfaeffikon SZ, 14 November 2008 --- The board of directors of shaPE Capital AG has approved a share buyback program, authorizing the Company to repurchase up to 91´466 registered shares (equivalent to 10% total share capital), subject to the approval of the Swiss Takeover Board. The share buyback will be managed by Zurich Cantonalbank and carried out via a second trading line on the SIX Swiss Exchange. The second trading line is expected to open by beginning of December 2008 and will be maintained until 30 June 2010 at the latest. At subsequent general meetings, shaPE´s board of directors intends to propose that the shares acquired through the buyback program be cancelled and the issued share capital reduced accordingly. The actual number of shares repurchased via the second trading line will depend on the availability of excess cash not needed to finance the private equity commitments as well as on market conditions. shaPE explicitly reserves the right to suspend and resume the program at any time.
shaPE Capital AG shaPE Capital AG is a SIX Swiss Exchange listed investment company that follows the principle of a fund of funds and provides access to private equity investments. Diversified by regions, investment stages and vintage years, shaPE invests in globally selected private equity companies.
end of announcement euro adhoc
Further inquiry note:
Dr. Simon Lamprecht, Company Secretary
shaPE Capital AG
Poststrasse 4
CH-8808 Pfaeffikon SZ
Phone: +41 (0)55 415 28 20
Fax: +41 (0)55 415 28 21
Email: info@shape-capital.com
Internet: www.shape-capital.com
Branche: Financial & Business Services
ISIN: CH0012885841
WKN: 765355
Börsen: SWX Swiss Exchange / official dealing