Share Buyback Program
The Board of Directors of Spice Private Equity Ltd. decided on 20 March 2017 to initiate a share buyback program for up to 7.2% (equivalent to 20% of the company’s free float) of the issued share capital for the purpose of cancellation of such shares.
Spice Private Equity Ltd. has thus launched a share buyback program on a second trading line comprising a maximum of 386’187 registered shares with a nominal value of CHF 10.00 each. The shares will be repurchased in the period between 26 April 2017 and 26 April 2018. After completion of the share buyback program, the Board of Directors will propose to the shareholders’ meeting a capital reduction by cancellation of all shares purchased within this share buyback program.
The maximum buyback volume per day is 687 shares (calculated according to Article 123 para. 1 lit. c of the Financial Market Infrastructure Ordinance).
- Inserat – Rückkauf eigener Aktien zum Zweck der Kapitalherabsetzung (PDF)
- Annonce – Rachat d’actions propres en vue d’une réduction de capital (PDF)
CURRENT STATUS OF SHARE BUYBACK PROGRAM
Click here for an overview on the progression of, and on the transactions made in own shares, during the share buyback program.
COMPLETION OF SHARE BUYBACK PROGRAM 2017 – 2018
Under the share buyback program decided by the Board of Directors on 20 March 2017, Spice Private Equity Ltd. repurchased a total of 3’100 shares on the second trading line at the SIX Swiss Exchange between 26 April 2017 and 26 April 2018. This equals 0.06% of the share capital of Spice Private Equity Ltd. at the beginning of the share buyback program. The share buyback program 2017 – 2018 was completed on 26 April 2018.