Bellevue Group AG

  • WKN: A0LG3Z
  • ISIN: CH0028422100
  • Land: Schweiz

Nachricht vom 12.07.2019 | 17:45

Bellevue Group sells its interest in SIX - proceeds will be used primarily for business development purposes

Bellevue Group AG / Key word(s): Miscellaneous

12-Jul-2019 / 17:45 CET/CEST
Release of an ad hoc announcement pursuant to Art. 53 KR
The issuer is solely responsible for the content of this announcement.


 

Media release

Küsnacht, July 12, 2019

Bellevue Group sells its interest in SIX - proceeds will be used primarily for business development purposes

Bellevue Group sold its interest in SIX Swiss Exchange to a fellow SIX shareholder today.

The interest was valued at CHF 53.4 mn (excluding deferred taxes) in Bellevue Group's balance sheet on December 31, 2018. The increase in value realized through this sale will be recognized directly in equity account through other comprehensive income of Bellevue Group for the first half of 2019.

Bellevue decided to sell its interest in SIX Swiss Exchange because this position was of no more strategic importance and an attractive opportunity had presented itself. The value of the interest was significantly increased in December 2018 after the sale of SIX's Payment Services unit to Worldline, and the sale price was therefore higher than the previously stated carrying value.

The proceeds of this divestment will be used to fund the organic and inorganic growth of the Group's business activities. Depending on future events, surplus capital may also be returned to shareholders.

Contact

Media Relations: Jürg Stähelin, IRF

Telephone: +41 43 244 81 51, staehelin@irf-reputation.ch

 

Investor Relations: André Rüegg, CEO

Telephone + 41 44 267 67 00, ir@bellevue.ch


Bellevue Group

Bellevue Group is an independent Swiss asset management boutique listed on the SIX Swiss Exchange. Established in 1993, the company and its approximately 120 professionals are largely active in the areas of asset management and wealth management. The Asset Management segment offers a select range of active equity strategies in fast-growing markets, the healthcare sector and in other special themes such as owner-managed companies, as well as successful holistic investment strategies across all traditional asset classes. Bank am Bellevue offers first-class wealth and investment advisory services with a special focus on entrepreneurial private clients. The Group's offering of investment-related solutions is rounded out by other services. These include the establishment, management and consultation of Investment Offices, trading and custody services, and selected credit facilities for affluent private clients as well as institutional clients.


Additional features:


Document: http://n.eqs.com/c/fncls.ssp?u=EJLKMXLHUI
Document title: Release (PDF)

End of ad hoc announcement

show this

Anleihe im Fokus

Deutsche Rohstoff
"Anleihe - Jetzt zeichnen!"

- Emissionsvolumen: bis zu 100 Mio. EUR
- Zeichnungsfrist: 11.11. bis 04.12.2019
- ISIN: DE000A2YN3Q8 / WKN: A2YN3Q
- Börsenesegment: Börse Frankfurt, Open Market (Quotation Board)
- Stückelung / Emissionspreis: 1.000 EUR/ 100%
- Zinssatz (Kupon): 5,25 %
- Laufzeit: 5 Jahre
- Fälligkeit: 5 Jahre / 6.12.2024 (vorbehaltliche vorzeitige Rückzahlung gemäß Anleihebedingungen)
- Zinszahlung: Angebot an Inhaber der 5,625 % Schuldverschreibung 2016/2021 (WKN A2AA05, ISIN DE000A2AA055) diese in die neue Anleihe zu tauschen
- Umtauschfrist: 11.11.2019 – 29.11.2019 (18.00 Uhr)

GBC-Fokusbox

Expedeon AG mit attraktiver Produktpipeline

Durch die konsequente Fortsetzung der „Grow, Buy & Build“-Strategie hat die im Bereich der Entwicklung und Vermarktung von DNA-Technologien, Proteomik- und Antikörper-Konjugations-Anwendungen tätige Expedeon AG das Umsatzniveau angehoben und auf operativer Ergebnisebene zugleich den Break-Even nachhaltig überschritten. Für die kommenden Perioden ist der Ausbau der Umsatzerlöse mit den bestehenden Produkten geplant. Darüber hinaus verfügt die Expedeon AG über eine attraktive Produktpipeline mit hohem Umsatzpotenzial. Unser Kursziel liegt bei 3,20 € je Aktie. Das Rating lautet KAUFEN.

News im Fokus

Linde plc: Linde Reports Third-Quarter 2019 Results (Earnings Release Tables attached) (news with additional features)

12. November 2019, 12:01

Aktueller Webcast

EQS Group AG

Conference Call zu den Neunmonatszahlen 2019

15. November 2019

Aktuelle Research-Studie

Original-Research: GBC Insider Focus Index (von GBC AG): GBC Insider Focus Index

13. November 2019