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Alpine Select AG, Zug: share buy-back 2002
Zug (ots) - Implementing the resolution passed by the Extraordinary General Meeting on 11 December 2001, the Board of Directors of Alpine Select AG, Zug, (Stock exchange symbol ALPN), a company specialized in alternative investments (hedge funds), is to issue a buyback offer for up to 392'000 registered shares. This represents 20% the issued capital.
The offer will run from 16 to 30 April 2002. The buy-back price is CHF 77.70 gross, CHF 54.00 net of 35% federal withholding tax, calculated on the difference between buy-back price and nominal value of the registered share. The shares bought back will be cancelled via a capital reduction to be passed at the Annual General Meeting on 25 June 2002.
ots Originaltext: Alpine Select AG