26.06.2013 18:37:30
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PRESS RELEASE: Amendment of Credit Facility
Private Equity Holding AG / Amendment of Credit Facility . Processed and transmitted by Thomson Reuters ONE. The issuer is solely responsible for the content of this announcement.
Amendment of Credit Facility
NEWS RELEASE
Zug, June 26, 2013
Private Equity Holding AG (PEH) and the consortium of two Austrian Banks providing the revolving credit facility for PEH have agreed on the following amendments today: 1. The credit facility will be reduced by EUR 10 million to EUR 10 million as from July 1, 2013, thereby also reducing the commitment fee by 50%. 2. Capital Bank - Grawe Gruppe AG, Graz, is the sole counterparty for PEH from July 1, 2013 until the contractual termination of the credit facility on December 31, 2013. 3. PEH will have full control over 181,000 currently pledged treasury shares from July 1, 2013. As already disclosed, the Board of Directors proposes to the general assembly (scheduled for July 4, 2013) a tax-exempt cancellation of 375'000 treasury shares.
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Private Equity Holding AG (SIX: PEHN), managed by Alpha Associates, 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:
Peter Wolfers, Investor Relations, peter.wolfers@peh.ch, phone +41 41 726 79 80 or http://www.peh.ch
This announcement is distributed by Thomson Reuters on behalf of Thomson Reuters clients.
The owner of this announcement warrants that:
(i) the releases contained herein are protected by copyright and other applicable laws; and
(ii) they are solely responsible for the content, accuracy and originality of the
information contained therein.
Source: Private Equity Holding AG via Thomson Reuters ONE
HUG#1712266
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Private Equity Holding AG
Innere Güterstrasse 4 Zug
WKN: 906781;ISIN: CH0006089921;
http://www.peh.ch (END) Dow Jones Newswires
June 26, 2013 12:07 ET (16:07 GMT)- - 12 07 PM EDT 06-26-13
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