Ad-hoc | 27 April 2012 17:38
NEW VALUE AG / Key word(s): AGM/EGM 27.04.2012 17:38 Release of an ad hoc announcement pursuant to Art. 53 KR --------------------------------------------------------------------------- / Press Release New Value AG Appoints New Board of Directors Replacement of the Board of Directors - New Registered Office - Priority to Securing Liquidity and Best Value Realization Strategy Zurich, 27 April 2012 - New Value's existing Board of Directors resigned on the occasion of the Extraordinary General Meeting of April 27, 2012. A new Board of Directors was elected with a large majority and was constituted at the subsequent Board meeting as follows: - Hans van den Berg, Dutch national, in Thalwil, Chairman of the Board of Directors; - Dr. Hannes Glaus, from Zürich and Schänis, in Zürich, Vice-Chairman of the Board of Directors; - Dr. Bernd Pfister, from Männedorf, in Unterägeri, Member. Hans van den Berg, the new Chairman of the Board of Directors, comments: 'The new Board of Directors intends to create transparency first and secure the liquidity that is required to continue the business. The Board will then focus on implementing the value realization strategy and optimising the value of the portfolio.' The new registered office of New Value AG is located at Zugerstrasse 8a in 6340 Baar. Shareholders also agreed to the proposal to amend the resolution on the share buyback programme 2011 of July 8, 2010. The Board of Directors is authorised to sell the company shares that have been bought back to investors. The investment advisory mandate will be awarded to Paros Capital AG, Baar, managed by Bernd Pfister. Paros will enlist additional specialists to undertake a swift analysis and assessment of the portfolio and implement the realization strategy. The new Board of Directors will provide information about the status quo and the provisional assessment of the portfolio within two weeks. Additional information about New Value New Value, which is listed on the SIX Swiss Exchange, invests directly in private companies with above-average market and growth potential in Switzerland and neighbouring countries. New Value provides growth capital to promote innovative business models and supports the companies until they achieve market success. The portfolio includes companies at various stages of development. The companies included in the portfolio are from the cleantech and healthcare sectors. Stock exchange listings: SIX Swiss Exchange (www.six-swiss-exchange.com) Xetra, Open Market Frankfurt, Berlin, Düsseldorf, Stuttgart and Munich Ticker symbols NEWN (CH), N7V (D) Security number 1 081 986 Security ID number 552 932 ISIN CH0010819867 Contact New Value AG, Zugerstrasse 8a, CH-6340 Baar Dr. Bernd Pfister Tel. +41 43 344 38 38 pfister@newvalue.ch Information/ downloads www.newvalue.ch Email: info@newvalue.ch 27.04.2012 News transmitted by EquityStory AG. The issuer is responsible for the contents of the release. EquityStory publishes regulatory releases, media releases on the capital market and press releases. The EquityStory Group distributes authentic and real-time financial news for over 1'300 listed companies. The Swiss news archive can be found at www.equitystory.ch/news --------------------------------------------------------------------------- Language: English Company: NEW VALUE AG Gartenstrasse 36 8002 Zürich Switzerland Phone: +41 43 344 38 38 Fax: E-mail: info@newvalue.ch Internet: www.newvalue.ch ISIN: CH0010819867 Swiss Security Number: 552932 Listed: Freiverkehr in Berlin, Düsseldorf, München, Stuttgart; Open Market in Frankfurt; SIX End of Announcement EquityStory News-Service ---------------------------------------------------------------------------