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Comunicato Stampa

18 January 2024

GAM - completion of share buy-back programme

On 14 December 2023 GAM Holding AG announced to launch a share buy-back of up to a maximum of three million registered shares (1.88% of the shares in issue) to meet its share-based payment obligations. The share buy-back took place from 15 December 2023 until 17 January 2024, 12:00 noon CET, and the offer price for each registered share was CHF 0.425.

As of the end of the offer period on 17 January 2024, 12:00 noon CET, a total of 15,203,972 GAM shares were tendered. Due to the oversubscription, the declarations of acceptance were reduced on a pro rata basis.

The payment of the share buy-back price against delivery of the registered shares will take place with value date 19 January 2024.

For further information please contact:
Charles Naylor
Global Head of Communications and Investor Relations
T +44 7890 386 699
 
Media Relations
Ute Dehn Christen
T+41 58 426 31 36
 

Visit us at: www.gam.com

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GAM

GAM is an independent investment manager that is listed in Switzerland. Total assets under management were CHF 64.9 billion as of 30 September 2023, with Investment Management at CHF 20.2 billion and Fund Management Services at CHF 44.7 billion. GAM has global distribution with offices in 14 countries and is geographically diverse with clients in almost every continent. Headquartered in Zurich, GAM Investments was founded in 1983 and its registered office is at Hardstrasse 201 Zurich, 8037 Switzerland.

Other Important Information

This offer is not being and will not be made, directly or indirectly, in the United States of America and / or to US persons and may be accepted only by Non-US persons and outside the United States of America. Accordingly, copies of this document and any related materials are not being, and may not be, sent or otherwise distributed in or into or from the United States of America, and persons receiving any such documents (including custodians, nominees and trustees) may not distribute or send them in, into or from the United States of America.