ALTIN : Shareholders approve merger with Absolute Invest Ltd. | Delisting of the Altin share

Press Release

Zug, 18 December 2017 - ALTIN Ltd. (SIX: ALTN)

At the extraordinary shareholders' meeting of Altin Ltd. («Altin») held today, the shareholders' approved the squeeze-out merger with Absolute Invest Ltd. («Absolute Invest»), which was requested under the single agenda item, by 95.2% of all shares.

At today's extraordinary shareholders' meeting, 96.3% of all shares were represented.

Next steps:

• The minority shareholders of Altin will receive - in accordance to the merger agreement and decision - a withholding tax-free cash consideration in the amount of USD 11.50 per Altin share.
• The approval of the merger by the extraordinary shareholders' meeting of Altin is registered in the Commercial Register of the Canton of Zug.
• The last trading day of the Altin share and the day of its delisting will be determined by SIX Exchange Regulation in consultation with Altin as soon as the extraordinary shareholders' meeting approval of the merger is entered in the Commercial Register of the Canton of Zug.
• The cash consideration will be paid out a few days after the last trading day, probably in the first week of January 2018.

For further information, please contact:

Thomas Amstutz
Tel. [phone]
[e-mail]