AEVIS VICTORIA SA / Key word(s): Disposal
08-Jun-2018 / 07:15 CET/CEST
Release of an ad hoc announcement pursuant to Art. 53 KR
The issuer is solely responsible for the content of this announcement.
Fribourg, 8 June 2018
AEVIS VICTORIA SA sold its stake in BioTelemetry, thus realising a total capital gain of CHF 14.3 million on its investment in LifeWatch
AEVIS VICTORIA SA (AEVIS VICTORIA) sold yesterday its 1.6% stake in US based BioTelemetry, Inc. (BEAT), obtained as a result of their public acquisition and exchange offer on LifeWatch AG. This transaction will allow AEVIS VICTORIA to generate a financial gain of CHF 6.6 million, which will have a positive impact on the 2018 first half-year results. Combined with the realised gain of CHF 7.8 million in 2017, AEVIS VICTORIA’s capital gain on its investment in LifeWatch reaches CHF 14.3 million.
For more information:
AEVIS VICTORIA SA – Investing for a better life
End of ad hoc announcement