CAI Castle Alt Inv

TIDMCAI

RNS Number : 7108E

Castle Alternative Invest AG

14 May 2013

May 14, 2013

Castle Alternative Invest AG

AGM results

At today's annual general meeting of Castle Alternative Invest AG, an overwhelming majority of the votes represented backed all the proposals of the board:

The individual results are as follows:

1. The 2012 annual report, the company and consolidated accounts and acknowledgement of the reports of the auditors was approved unanimously.

2. The carry forward of the accumulated profit and the appropriation of reserves was approved almost unanimously.

3. The discharge of the members of the board of directors and the general manager was awarded by 94 per cent of the votes present.

4. Tim Steel, Dr Konrad Bächinger, Reto Koller, Dr André Lagger and Kevin Mathews were re-elected as members of the board of directors for a term ending with the next ordinary shareholders' meeting each with more than 92 per cent votes.

5. A capital reduction through cancellation of shares purchased on a second trading line as well as the Treasury Shares was passed almost unanimously.

6. The authorisation for the company to conduct share purchases up to a maximum of 10 per cent of the share capital for cancellation (second line) was approved by 99.98 per cent of the votes present.

7. The election of PricewaterhouseCoopers Ltd. as auditors for a further term of one year was also approved by 99.98 per cent of the votes present.

8. The authorisation to sell shares from treasury for a price not below the purchase price (but potentially below NAV) until 2018 without first offering them to existing shareholders was approved by more than 87 per cent of the votes present.

9. The three shareholder proposals were rejected by more than 80 per cent of the votes present, as recommended by the board.

40.3 per cent of shares issued were represented at the meeting.

For further information, please contact:

Mark White, General Manager, telephone +44 (0)207 529 0960 or e-mail: lgt.cai@lgt.com

www.castleai.com

Neither the contents of the Company's website nor the contents of any website accessible from hyperlinks on the Company's website (or any other website) is incorporated into, or forms part of, this announcement.

Swiss Security Number 509.275

A joint stock corporation incorporated on July 30, 1996 under Swiss laws

Registered Office: Schuetzenstrasse 6, 8808 Pfaeffikon/SZ, Switzerland

This information is provided by RNS

The company news service from the London Stock Exchange

END

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