shaPE Capital AG
shaPE Capital AG: Interim distribution of general legal reserves from capital contributions and capital reduction
shaPE Capital AG / Key word(s): Payout 13.11.2013 17:48 Release of an ad hoc announcement pursuant to Art. 53 KR --------------------------------------------------------------------------- Freienbach, 13 November 2013 shaPE is pleased to announce an interim cash distribution of general legal reserves from capital contributions in the amount of CHF 18 per share. The distribution will be proposed by the board of directors at the occasion of an extraordinary shareholder meeting on 4 December 2013. The board of directors also intends to propose a capital reduction of up to 110'000 shares to cancel treasury shares repurchased under the buyback program. The proposed interim distribution is a result of the strong liquidity generated by the underlying private equity portfolio under the realization strategy. Considering the CHF 38 per share paid out to shareholders earlier this year total distributions for 2013 will amount to CHF 56 representing a yield of 41.7%, based on yesterday's closing share price. In the case of adoption of the proposal, the distribution is expected to be paid on 12 December 2013. The relevant date for the entitlement to the dividend (record date) will be 11 December 2013 and the corresponding ex-dividend date will be 9 December 2013. The distribution is not subject to Swiss withholding tax. The invitation to the extraordinary shareholder meeting is available on www.shape-capital.com. --------------------------------------------------------------------------- Information and Explaination of the Issuer to this News: shaPE Capital AG shaPE is a SIX Swiss Exchange-listed investment company with exposure to a global private equity portfolio. In 2009 shaPE decided to initiate a realization strategy with the ultimate goal to return the intrinsic value of the current portfolio to its shareholders. Under this realization strategy shaPE does not make any new commitments to private equity funds, but focuses on harvesting the value of the current portfolio over the coming years. shaPE is listed on the SIX Swiss Exchange under the ticker symbol 'SHPN'. For further information please contact: Dr. Simon Lamprecht shaPE Capital AG Wolleraustrasse 41a 8807 Freienbach Phone: +41 58 596 12 96 Fax: +41 58 596 12 97 E-mail: info@shape-capital.com Internet: www.shape-capital.com 13.11.2013 News transmitted by EQS Schweiz 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: shaPE Capital AG Wolleraustrasse 41a 8807 Freienbach Switzerland Phone: +41 58 596 12 96 Fax: +41 58 596 12 97 E-mail: info@shape-capital.com Internet: www.shape-capital.com ISIN: CH0012885841 Valor: 765355 Listed: SIX End of Announcement EQS Group News-Service ---------------------------------------------------------------------------
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