Ad hoc announcement according to article 53 KR
NEW VALUE AG: Sale of shares in Idiag AG
Baar
(pta041/02.05.2017/18:05 UTC+2)
Press release
Sale of shares in Idiag AG
Baar, May 02, 2017
Baar-based New Value AG has sold all of its shares and loans in Idiag AG today to a private investor. New Value AG held a share of 24.5% in Idiag AG. The sale is concluded at the valuation reflected in the net asset value and this transaction has therefore no impact on the NAV.
Fehraltorf based Idiag AG develops and sells products for medical and sports applications for specific back treatments and respiratory training. In the past years the products of the company were further developed and modernized in close collaboration with universities. In the upcoming years the new owner will provide additional capital. With the new funds the company will invest in bringing the modernized products to market readiness and to expand commercialization activities.
About New Value
New Value AG, which is listed on the SIX Swiss Exchange, invests up to now directly in private companies with strong growth potential in Switzerland and neighbouring countries. New Value AG provides growth capital to promote innovative business models and supports the companies to market success. The companies included in the portfolio are mainly related to the cleantech and healthcare sectors.
Stock exchange listings: SIX Swiss Exchange (www.six-swiss-exchange.com)
Ticker symbols NEWN (CH
Security number 1 081 986
ISIN CH0010819867
Contact New Value AG, Zugerstrasse 8a, CH-6340 Baar, Switzerland
Dr. Bernd Pfister
Phone +41 43 344 38 38
pfister@newvalue.ch
Information/
downloads www.newvalue.ch Email: info@newvalue.ch
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Emitter: |
NEW VALUE AG Zugerstrasse 8a 6340 Baar Switzerland |
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Contact Person: | Bernd Pfister | |
Phone: | +41 43 344 38 38 | |
E-Mail: | pfister@newvalue.ch | |
Website: | www.newvalue.ch | |
ISIN(s): | CH0010819867 (Share) | |
Stock Exchange(s): | SIX Swiss Exchange |