Press Release: 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, SwitzerSHYland and holds 70 percent in Valartis Bank (LiechtenSHYstein) 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 customSHYary 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

Half-year Results 2016 30 August 2016 Annual General Meeting of Shareholders 2017 16 May 2017

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, LiechtenSHYstein, 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

Press release (PDF): http://hugin.info/143135/R/2024475/752269.pdf

This announcement is distributed by NASDAQ OMX Corporate Solutions on behalf of NASDAQ OMX Corporate Solutions clients.

The issuer of this announcement warrants that they are solely responsible for the content, accuracy and originality of the information contained therein.

Source: Valartis Group AG via Globenewswire

HUG#2024475

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Valartis Group AG

Blegistrasse 11a Baar ZG Switzerland

ISIN: CH0001840450;

http://www.valartisgroup.ch/ (END) Dow Jones Newswires

   June 30, 2016 11:30 ET (15:30 GMT)- - 11 30 AM EDT 06-30-16