General Meeting of Shareholders of 27 May 2019

AEVIS VICTORIA SA / Key word(s): AGMEGM

06-May-2019 / 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.


Press release

Fribourg, 6 May 2019

AEVIS VICTORIA SA – General Meeting of Shareholders of 27 May 2019
Share split, distribution of CHF 1.10 and conditional distribution of CHF 3.80 per share

AEVIS VICTORIA SA (AEVIS VICTORIA) will hold its General Meeting of Shareholders for the fiscal year 2018 on Monday 27 May 2019 at 15:00 at the Victoria-Jungfrau Grand Hotel & Spa in Interlaken. The Board of Directors proposes a distribution of CHF 1.10 per share on 1 July 2019 and a conditional distribution of CHF 3.80 per share. This additional distribution is subject to the condition that the company has realised, by 30 September 2019 at the latest, the private placement of Infracore SA shares, resulting in the removal of this subsidiary from AEVIS VICTORIA’s consolidation scope. This distribution of nearly CHF 60 million corresponds to approximately 20% of the capital gain realised by AEVIS VICTORIA on its participation. After the partial sale of Infracore SA, AEVIS VICTORIA will benefit from a highly capitalised balance sheet profile with low debt, and cash reserves allowing the company to consider new investments in its sectors of activity. The Board of Directors thus confirms its willingness to share the value created by the company with its shareholders.

The Board of Directors therefore proposes a revised appropriation of retained earnings, including an allocation to the legal retained earnings CHF 15’635’207 (a legal allocation of 5% plus a voluntary allocation of CHF 13’609’207) and a balance brought forward of CHF 24’885’460.

The shareholders will also decide on the split of one share with a nominal value of CHF 5 into five shares with a nominal value of CHF 1, thus targeting an improvement of the stock liquidity.

The General Meeting is moreover invited to approve the regular agenda items. The complete Agenda (in French) for the General Meeting for the fiscal year 2018 can be downloaded on the following link:
http://www.aevis.com/aevis/pdf/AEVIS_AGO_2019.pdf

For further information:
AEVIS VICTORIA SA Media and Investor Relations: c/o Dynamics Group, Zurich
Philippe R. Blangey, prb@dynamicsgroup.ch, +41 (0) 43 268 32 35 ou +41 (0) 79 785 46 32
Séverine Van der Schueren, svanderschueren@aevis.com, +41 (0) 79 635 04 10

AEVIS VICTORIA SA – Investing for a better life
AEVIS VICTORIA SA invests in healthcare, lifestyle and infrastructure. AEVIS VICTORIA′s main shareholdings are Swiss Medical Network SA, the second largest group of private hospitals in Switzerland, Victoria-Jungfrau Collection AG, a luxury hotel group managing four luxury hotels in Switzerland, Infracore SA (80%), a real estate company dedicated to healthcare-related infrastructure, a hospitality real estate division, Medgate (40%), the leading telemedicine provider in Switzerland, and NESCENS SA, a brand dedicated to better aging. AEVIS VICTORIA is listed on the Swiss Reporting Standard of the SIX Swiss Exchange (AEVS.SW).
www.aevis.com.


End of ad hoc announcement


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