Ad-hoc | 30 May 2007 06:52
NEW VALUE AG / Miscellaneous
Release of a Adhoc News, transmitted by DGAP - a company of EquityStory AG.
The issuer is solely responsible for the content of this announcement.
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NEW VALUE AG: Quarterly Information as of 31 March 2007
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Net Asset Value has increased by 9% - New investments planned
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New Value AG has expanded its attractive investment portfolio in the
fourth quarter of the financial year 2006/2007. As part of follow-on
financing rounds, New Value invested in the diagnostics company Swiss
Medical Solution AG and the solar module manufacturer Solar Plant Swiss AG.
At the end of the reporting period on 30 March 2007, New Value’s share
price was at CHF 16.80. Net Asset Value (NAV) was at CHF 19.92 per
share, which is up 9% compared to the previous quarter ending on 31
December 2006. As of 31 March 2007, the share price discount to net asset
value was approximately 18%.
In the period under review, New Value invested a further CHF 0.3 Mio. in
Swiss Medical Solution in the form of a convertible loan. The third
financing round was part of the CHF 2.5 Mio. financing round approved in
the first half of 2006. In 2007, New Value made an additional investment of
CHF 1 Mio. in Solar Plant Swiss as part of a further capital increase
totalling CHF 6.3 Mio. In total, value adjustments of CHF 0.98 Mio. were
made to the investments in Light Vision Group AG and Solvinci Materials AG.
A due diligence is currently underway for a new investment in a promising
Swiss growth company specialising in new materials. If the evaluation turns
out positive, an investment will be made in the first quarter of the
financial year 2007/2008 (April to June 2007). Further potential
investments are under evaluation.
Rolf Wägli, Chairman of the board of directors, comments: 'In the fourth
quarter 2006/2007, we continued to consistently pursue our strategy of
investing in private, innovative companies with above-average market and
growth potential in Switzerland as well as Germany and Austria. We are
currently evaluating various new commitments. We assume that we will make
several new investments this year'.
About New Value
New Value AG is a Swiss private equity company with a sustainable
investment philosophy. The Zurich-based company is quoted on the stock
exchange and offers institutional and private investors access to an
attractive portfolio of innovative and fast growing companies. To date, New
Value has invested in companies from a wide range of sectors such as
renewable energy/solar technology, medical technology, health, software and
information technology. New Value finances companies in Switzerland as well
as in Germany and Austria with equity capital and equity equivalent
financial instruments. New Value has successfully carried out four exits,
including three IPOs.
Stock exchange listing SWX Swiss Exchange
Open Market Frankfurt, Düsseldorf, XETRA
Ticker symbols NEWN (Switzerland), N7V (Germany)
Swiss Valorennumber 1 081 986
German security number (WKN) 552 932
ISIN CH0010819867
IR Contact New Value AG
Rolf Wägli
phone +41 (0)43 344 38 38
info@newvalue.ch
Company Contact Marcel Rogenmoser
phone +41 (0)43 344 38 38
rogenmoser@newvalue.ch
DGAP 30.05.2007
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Language: English
Issuer: NEW VALUE AG
Bodmerstrasse 9
8027 Zürich Schweiz
Phone: +41-43-344 38 38
Fax: +41-43-344 38 39
E-mail: info@newvalue.ch
www: www.newvalue.ch
ISIN: CH0010819867
WKN: 552932
Indices:
Listed: BX, SWX; Freiverkehr in Berlin-Bremen, München, Stuttgart,
Düsseldorf; Open Market in Frankfurt
End of News DGAP News-Service
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