euro adhoc: EIC Electricity SA
Annual & Special Corporate Meetings
EIC Electricity plans transformation into open-ended investment fund (E)
Disclosure announcement transmitted by euro adhoc. The issuer is responsible for the content of this announcement.
The Board of EIC Electricity proposes to the General Assembly of March 14, 2003 to reduce the share capital from CHF 80 to CHF 10 per share. An amount of CHF 51.85 per share shall be disbursed to the shareholders in the form of shares in an open-ended investment fund to be created. EICs entire listed portfolio will be put into the new fund, which will cover the sectors energy and utilities. EIC Electricity will continue to exist as a private equity investment company.
For inquires: Dominique Candrian, EIC Partners AG, Tel. +41 43 844 10 02
end of announcement euro adhoc 17.02.2003
Further inquiry note:
Dominique Candrian, EIC Partners AG, Tel. +41-43-844 10 02
Branche: Electricity Production & Distribution
Index: Investment Index (IGSP)
Börsen: Frankfurter Wertpapierbörse / official dealing
SWX Swiss Exchange / official dealing