Small shift in Nationale Suisse's shareholder structure: Baloise Group marginally increases share quota by 0.05 % to more than 10 %

Tuesday, 18. June 2013 17:30

Nationale Suisse / Small shift in Nationale Suisse's shareholder structure: Baloise Group marginally increases share quota by 0.05 % to more than 10 % . Processed and transmitted by Thomson Reuters ONE. The issuer is solely responsible for the content of this announcement.

Baloise Group has acquired an additional stake amounting to 0.05 % in Nationale Suisse. As a consequence, Baloise is now in possession of a total of 10.02 % of the shares, exceeding the disclosure threshold of 10 %. Nationale Suisse welcomes the increase in the holding as it intends to use the potentials arising from the core shareholding for mutual and attractive cooperation.

Baloise Group increases its shareholding in Nationale Suisse by 0.05 % from hitherto 9.97 % to 10.02 % of the share capital entered in the commercial register. Baloise has thus exceeded the Swiss stock exchange disclosure threshold of 10 %. It now holds 2 210 000 registered shares in Swiss National Insurance Company Ltd (Nationale Suisse).

"We welcome the fact that Baloise has increased its holding and count it among our core shareholders", comments Hans Künzle, Nationale Suisse's CEO. The insurance company aims to ensure that core shareholders are committed on a long-term basis and sustainably assist with the corporate strategy. Further, Nationale Suisse endeavours to use the potential arising from the close relationship for reciprocal and attractive cooperation. Nationale Suisse will maintain the 5.0 % restriction in voting rights for shareholders.


Brief profile
Nationale Suisse is an innovative, international and independent Swiss insurance group providing first-rate risk and pension solutions in non-life and life business as well as a growing number of tailored specialty lines products. Consolidated gross premiums came to CHF 1.51 billion in 2012. The Group comprises the parent company and about 20 subsidiaries and branch offices for focused product lines in Switzerland, Italy, Spain, Germany, Belgium, Liechtenstein, Malaysia, Latin America and Turkey. The headquarters of Swiss National Insurance Company Ltd are in Basel. Nationale Suisse is listed on the SIX Swiss Exchange (NATN). On 31 December 2012, the Group employed 1 880 staff (full-time equivalents).

Information
Remo Meier Nationale Suisse
Investor Relations Steinengraben 41
Phone +41 61 275 22 45 4003 Basel
Fax +41 61 275 22 21 Switzerland
remo.meier@nationalesuisse.com www.nationalesuisse.com/investor-relations
Christina Hartmann Nationale Suisse
Media Relations Steinengraben 41
Phone +41 61 275 23 40 4003 Basel
Fax +41 61 275 22 21 Switzerland
christina.hartmann@nationalesuisse.com www.nationalesuisse.com/media-relations
Key dates
Publication of the Interim Report 05.09.2013
Media conference to announce interim financial results
at Widder Hotel, Zurich
05.09.2013
Financial analysts' conference at Widder Hotel, Zurich 05.09.2013

 
Disclaimer and exclusion of liability
The purpose of this press release is to inform the public about certain events or developments arising from the company's business. The information published in this article is not an advertisement, offer or recommendation to engage in transactions involving securities or other products of Nationale Suisse or any other type of transaction. This press release may contain certain forward-looking statements. Even if these forward-looking statements reflect the opinion and expectations of Nationale Suisse, a number of risks, uncertainties and other important factors may lead to actual developments and results differing strongly from the expectations of Nationale Suisse. It is pointed out expressly that the statements and projections contained in this press release are selective in nature. Nationale Suisse provides no guarantee, either explicitly or implicitly, regarding the accuracy and completeness of the statements and forecasts published in this press release. Neither Nationale Suisse nor its executive bodies or senior managers accept any liability for any damage or losses arising directly or indirectly from the use of this press release. Unless otherwise provided by applicable binding law Nationale Suisse is under no obligation to update or amend the statements contained in this press release, be it in response to new information, future events or any other reasons.

Updated post-publication information is available on our website www.nationalesuisse.com. You may find further details and forecasts about the business of Nationale Suisse there.




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Source: Nationale Suisse via Thomson Reuters ONE

HUG#1709509

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Nationale Suisse
Steinengraben 41 Basel

WKN: 1081197;ISIN: CH0010811971;


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