Press release
Zurich, January 16, 2012Streamlined organization for New Value AG
Focus on efficiency - Paul Santner, Vice President of the Executive Board, also appointed Executive Board Delegate. New Value (SIX: NEWN), a holding company specialized in promoting young growth companies, focuses on providing efficient support to the existing companies in its investment portfolio. No commitments to new enterprises are being made. This strategy was confirmed by the general shareholders' meeting of August 17, 2011.
New Value must seek cost reductions to implement this
strategy. Therefore, the longstanding contract with
investment advisory firm eps value ag was terminated at end
2011. In addition to his function as Vice President of the
Board, Paul Santner will also act as Executive Board Delegate
moving forward. All tasks will be carried out by permanent
employees, or external consultants will be engaged for
shorter contracts. The costs of implementing New Value's
strategy are thereby substantially reduced.
Additional information regarding New Value
New Value is the pioneer in long-term direct investments in
young Swiss growth companies. Listed on the SIX Swiss
Exchange, New Value invests directly in up-and-coming private
companies with above-average market and growth potential in
Switzerland and neighboring countries. New Value promotes
innovative business models with venture capital and provides
support during subsequent development phases. The portfolio
includes companies at different levels of maturity, ranging
from startups to established small or medium-sized businesses
with stable profits. The portfolio includes companies in the
clean technology and health care sectors. New Value is
committed to sustainability and places great value on ethical
business concepts and excellent corporate governance in
selecting businesses for its portfolio.
Exchange listings
Ticker symbols Securities number WP ID number
ISIN
SIX Swiss Exchange
(www.six-swiss-exchange.com)
Xetra, Open Market Frankfurt, Berlin, Düsseldorf, Stuttgart
and Munich NEWN (CH), N7V (D)
1 081 986
552 932
CH0010819867
Contact | New Value AG | Tel. +41 44 212 63 23 |
Paul Santner | Tel. +41 44 212 63 23 santner@newvalue.ch | |
Information/ | Silvia Schibli www.newvalue.ch | Tel. +41 44 212 63 23 schibli@newvalue.ch Email: info@newvalue.ch |
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Streamlined organization for New Value AG |