NEW VALUE AG
NEW VALUE AG: Annual result 2011/12
NEW VALUE AG / Key word(s): Final Results 29.06.2012 07:00 Release of an ad hoc announcement pursuant to Art. 53 KR --------------------------------------------------------------------------- / Press Release New Value's Annual Result 2011/2012 (as of March 31, 2012) Baar, June 29, 2012 - The reporting year 2011/12 turned out to be the worst in the history of New Value. The transactions of Rolf Wägli, the former President of the Board, led to major value adjustments. In the financial year 2011/12 New Value had to take huge losses. The Net Asset Value (NAV) of New Value as per March 31, 2012 decreased to CHF 18.32 million (previous year CHF 63.16 million). Accordingly, the NAV per share decreased to CHF 5.90 from CHF 21.01 at the beginning of the period. This corresponds to a decrease of 72%. New Value recorded in total a loss of CHF 44.1 million in the financial year 2011/12 (previous year loss of CHF 10.3 million). The loss per share amounted to CHF 13.95. On June 29, 2012 SIX Swiss Exchange has announced that they have led an investigation against New Value concerning the breach of relevant accounting regulations. Based on their findings they imposed a sanction. Basically SIX Swiss Exchange objected to the fact that the controversial transactions of Rolf Wägli had not been properly shown in the books. New Value will publish its annual report 2011/12 with detailed information on year-end results on June 29, 2012, after the closing of the stock market. The report will only be published on the website of New Value and only in german. The General Meeting will take place on August 15, 2012. 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 the venture 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 29.06.2012 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 Zugerstrasse 8a 6340 Baar 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 ---------------------------------------------------------------------------
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