Press Release

Zug, 8 November 2017 - ALTIN AG (SIX: ALTN)

The Board of Directors of Alpine Select Ltd. has submitted a merger proposal to the Board of Directors of Altin Ltd., and the companies have entered into merger negotiations. According to the merger proposal, Altin Ltd. is to merge with Absolute Invest Ltd., a wholly owned subsidiary of Alpine Select Ltd., whereby Absolute Invest Ltd. will be the surviving company.

As the merger is intended to effectuate a squeeze out, minority shareholders of Altin Ltd. shall receive a cash payment as merger consideration.

The Board of Directors of Altin Ltd. has formed an independent committee consisting of Roger Rüegg and Gerhard Niggli to examine the proposal, in particular the proposed consideration in the amount of USD 11.50 per Altin share, and conduct the merger negotiations.

For further information, please contact:

Thomas Amstutz
Tel. +41 (0)41 760 62 60
info@altin.ch

Altin AG published this content on 08 November 2017 and is solely responsible for the information contained herein.
Distributed by Public, unedited and unaltered, on 08 November 2017 17:56:02 UTC.

Original documenthttp://www.altin.ch/news/2017/2017-11-08b

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