Private Equity Holding AG / Net Asset Value as of December 31, 2016 . Processed and transmitted by Nasdaq Corporate Solutions. The issuer is solely responsible for the content of this announcement.
Zug, January 10, 2017
Net Asset Value as of December 31, 2016
The Net Asset Value (intrinsic value) of one registered share of Private Equity Holding AG stood at EUR 79.67 (CHF 85.44) as of December 31, 2016. This represents a decrease of 0.6% (in EUR) since November 30, 2016.
The enclosed monthly newsletter shows the development of the NAV and of the share price as well as certain balance sheet data and portfolio key figures.
Private Equity Holding AG (SIX: PEHN) offers investors the opportunity to invest, within a simple legal and tax optimised structure, in a broadly diversified and professionally managed private equity portfolio.
Basis of the Net Asset Value Calculation and Disclaimer
The number of outstanding shares used for calculation of the Net Asset Value per share amounted to 2,715,058 as of December 31, 2016 (November 30, 2016: 2,715,108). The calculations are prepared in accordance with International Financial Reporting Standards (IFRS) and pursuant to the guidelines of Invest Europe (formerly known as the European Venture Capital Association). The valuations of the fund investments are based on the most recent reported net asset values (NAVs) of the funds. In estimating the fair value of unquoted direct investments, Private Equity Holding AG considers the most appropriate market valuation techniques. The fair value of listed direct investments is the market value. The NAV of Private Equity Holding AG is calculated at the end of each month under a going concern assumption and usually published within six trading days after the cut-off date. The different reporting cut-off dates of the individual companies and funds in which participations are held can lead to short-term distortions and cause discrepancies between the published NAV and the actual total value of Private Equity Holding AG's net assets.
The issuer of this announcement warrants that they are solely responsible for the content, accuracy and originality of the information contained therein.
Source: Private Equity Holding AG via Globenewswire
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Private Equity Holding AG
Innere Güterstrasse 4 Zug Switzerland
WKN: 906781;ISIN: CH0006089921;