PEH publishes the Quarterly Report as of December 31, 2013 and prepares for the future
PEH publishes the Quarterly Report as of December 31, 2013 and prepares for the future
Zug, February 7, 2014
Private Equity Holding AG (PEH) has published the quarterly report as of December 31, 2013. The comprehensive income for the first nine months of the financial year 2013/2014 amounts to EUR 13.4 million. As of December 31, 2013, the net asset value per share stood at EUR 63.08 (CHF 77.42), which represents an increase of 7.2% since March 31, 2013 (in EUR, adjusted for the distribution of paid-in reserves of CHF 2.25 per share in September). The quarterly Report as of December 31, 2013 is available on www.peh.ch and attached hereto.
Further, the Board of Directors of PEH today enacted the following changes:
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Dr. Hans Baumgartner, the Chairman of the company, will resume the management of the company as delegate of the Board of Directors, with immediate effect. Alpha Associates will continue to manage the investment portfolio.
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Dr. Hans Christoph Tanner, Bernhard Schürmann and Martin Eberhard form the newly established compensation committee. With this, the committee consists of three independent, non-executive board members; it will be chaired by Dr. Hans Christoph Tanner.
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The investment guidelines of PEH have been revised. Changes are primarily of editorial nature. The revised version is available on www.peh.ch and will come into effect on April 1, 2014. The strategy of PEH remains unchanged.
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Private Equity Holding AG (SIX: PEHN) offers investors the opportunity to invest, within a simple legal and tax optimized structure, in a broadly diversified and professionally managed private equity portfolio.
For further information, please contact:
David Wetter, Investor Relations, david.wetter@peh.ch, phone +41 41 244 31 20, http://www.peh.ch