17.01.2022 07:00:31

EQS-Adhoc: Press release: Leonteq launches cooperation with VP Bank

EQS-Ad-hoc: Leonteq AG / Key word(s): Alliance
Press release: Leonteq launches cooperation with VP Bank

17-Jan-2022 / 07:00 CET/CEST
Release of an ad hoc announcement pursuant to Art. 53 LR
The issuer is solely responsible for the content of this announcement.


PRESS RELEASE | LEONTEQ LAUNCHES COOPERATION WITH VP BANK

Zurich, 17 January 2022 | Ad hoc announcement pursuant to Art. 53 LR

Leonteq AG (SIX: LEON) announced today that it has entered into a new cooperation with VP Bank AG for the manufacturing and distribution of structured investment products.

Leonteq and VP Bank have launched a cooperation for the manufacturing and distribution of structured investment products under a newly created innovative white-labelling issuance model. As part of this cooperation, VP Bank will utilise Leonteq's technology platform to price, trade and distribute VP Bank guaranteed investment products to its clients. VP Bank will be responsible for the distribution of these structured investment products to its own clients, while Leonteq has received an international distribution mandate from VP Bank providing it access to Leonteq's broad network of investors globally. The first VP Bank guaranteed structured investment products are expected to be available on Leonteq's platform in the first quarter of 2022, subject to regulatory approvals.

Lukas Ruflin, CEO of Leonteq, stated: "We are pleased to welcome VP Bank, a leading bank for private clients and intermediaries, onto our white-labelling platform. This cooperation will provide clients unique exposure to structured investment products, and we look forward to providing our new partner with our solutions and expertise."

Paul Arni, CEO of VP Bank, said: "Thanks to the cooperation we have the possibility to act as a guarantor which allows us to offer our clients a comprehensive and attractive range of structured products in the future. This underlines our ambition to be an international wealth management service provider. Leonteq is the ideal service and technology partner for this, as the competencies of both companies complement each other perfectly."

VP Bank AG was founded in 1956 and, with its 1,013 employees as at mid-2021, ranks amongst the largest banks in Liechtenstein. VP Bank is present with offices in Vaduz, Zurich, Luxembourg, Singapore, Hong Kong and Road Town (British Virgin Islands). VP Bank Group offers tailor-made asset management and investment advisory services to private clients and financial intermediaries. As at 30 June 2021, client assets under management of VP Bank Group amounted to CHF 52.6 billion. VP Bank is listed on SIX Swiss Exchange and has received an "A" rating from Standard & Poor's.

 

 

CONTACT
Media Relations
+41 58 800 1844
media@leonteq.com

Investor Relations
+41 58 800 1855
investorrelations@leonteq.com

LEONTEQ
Leonteq is a Swiss fintech company with a leading marketplace for structured investment solutions. Based on proprietary modern technology, the company offers derivative investment products and services and predominantly covers the capital protection, yield enhancement and participation product classes. Leonteq acts as both a direct issuer of its own products and as a partner to other financial institutions. Leonteq further enables life insurance companies to produce capital-efficient, unit-linked pension products with guarantees. The company has offices and subsidiaries in 13 countries, through which it serves over 50 markets. Leonteq AG is listed on the SIX Swiss Exchange (SIX: LEON). www.leonteq.com

DISCLAIMER
This press release issued by Leonteq AG (the "Company") serves for information purposes only and does not constitute research. This press release and all materials, documents and information used therein or distributed in the context of this press release do not constitute or form part of and should not be construed as, an offer (public or private) to sell or a solicitation of offers (public or private) to purchase or subscribe for shares or other securities of the Company or any of its affiliates or subsidiaries in any jurisdiction or an inducement to enter into investment activity in any jurisdiction, and may not be used for such purposes. Copies of this press release may not be made available (directly or indirectly) to any person in relation to whom the making available of the press release is restricted or prohibited by law or sent to countries, or distributed in or from countries, to, in or from which this is restricted or prohibited by law.

This press release may contain specific forward-looking statements, e.g. statements including terms like "believe", "assume", "expect", "target" "forecast", "project", "may", "could", "might", "will" or similar expressions. Such forward-looking statements are subject to known and unknown risks, uncertainties and other factors which may result in a substantial divergence between the actual results, financial situation, development or performance of the Company or any of its affiliates or subsidiaries and those explicitly or implicitly presumed in these statements. These factors include, but are not limited to: (1) general market, macroeconomic, governmental and regulatory trends, (2) movements in securities markets, exchange rates and interest rates and (3) other risks and uncertainties inherent in our business. In addition, currently, it is very difficult to provide a meaningful prediction on how the governmental actions in response to the ongoing outbreak of a novel coronavirus disease (COVID-19) and other COVID-19 related factors will affect Leonteq's operations and how long such measures will remain in place. The COVID-19 outbreak has caused, and may continue to cause, uncertainty, economic instability and a significant decrease of total economic output in the affected areas and globally. The impact of the COVID-19 outbreak on the general economic environment in the markets in which Leonteq operates remain uncertain and could be significant. Against the background of these uncertainties, you should not rely on forward-looking statements. Neither the Company nor any of its affiliates or subsidiaries or their respective bodies, executives, employees and advisers assume any responsibility to prepare or disseminate any supplement, amendment, update or revision to any of the information, opinions or forward-looking statements contained in this press release or to adapt them to any change in events, conditions or circumstances, except as required by applicable law or regulation.


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End of ad hoc announcement

1269100  17-Jan-2022 CET/CEST

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