Closing of the sales transaction of Valartis Bank (Liechtenstein) AG expected in third quarter of 2016

Valartis Group AG / Closing of the sales transaction of Valartis Bank (Liechtenstein) AG expected in third quarter of 2016 . Processed and transmitted by Nasdaq OMX Corporate Solutions. The issuer is solely responsible for the content of this announcement.

Valartis Finance Holding AG sold Valartis Bank (Liechtenstein) AG to Citychamp Watch & Jewellery Group Ltd., Hong Kong, within the framework of a Share Purchase Agreement end of March 2016 (signing, see Media Release of 29 March 2016). Valartis Finance Holding AG in Liechtenstein is the Liechtenstein-based finance holding company of Valartis Group AG, Baar, Switzer­land and holds 70 percent in Valartis Bank (Liechten­stein) AG. The transaction is subject to approvals by the competent corporate bodies and by the Financial Market Authority (FMA) Liechtenstein and the Hong Kong Stock Exchange as well as to other custom­ary conditions. The formal approval process in Hong Kong requires additional time, as was announced today by the buyer, which is not unusual for such transactions. Closing is expected to occur during the third quarter of 2016 which will not delay current recovery plans of Valartis Finance Holding AG and Valartis Group AG.

Agenda

For further information, please contact:
Kim-My Schefer, Head Corporate Communications & Marketing
Tel. +41 44 503 54 02, corporate.communications@valartis.ch

Chi Wah Fong, CFO, Citychamp Watch & Jewellery Group Ltd., Tel. +852 2275 3706
Lai Lam, CEO Assistant, Citychamp Watch & Jewellery Group Ltd., Tel. +852 2275 3761

Valartis Group
Valartis Group is an international finance group with offices in Switzerland, Vienna, Liechten­stein, Luxembourg, Moscow and St. Petersburg. Valartis Group AG (Baar, Switzerland) is listed on the Swiss stock exchange, SIX Swiss Exchange. Operations include the fields of Corporate Finance, Private Equity and Real Estate Management together with participations in the financial services sector.
www.valartisgroup.ch

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Valartis Group AG
Blegistrasse 11a Baar ZG Switzerland

ISIN: CH0001840450;