Zurich, 8 November 2012 - EFG International's Deputy CEO, Lukas Ruflin, has decided to take a long-planned sabbatical and will step down from this role. He will continue as an adviser and will remain on the board of EFG Financial Products.
Zurich, 18 October 2012 – EFG International’s stake in EFG Financial Products has reduced from circa 58% to circa 25% as part of the successful IPO of EFG Financial Products. As a result, EFG International’s pro-forma total BIS capital ratio will improve to approximately 17%. The process of resetting EFG International is now complete, and performance during the third quarter of 2012 was broadly in line with that seen during the first half of the year.
Zurich, 8 October 2012 – EFG International’s Zurich-based integrated structured investment service provider, EFG Financial Products Holding AG, has today launched its initial public offering on the SIX Swiss Exchange. The price range per registered share being offered in the IPO will be CHF 40 to CHF 50. Listing and commencement of trading is expected on 19 October 2012.
Zurich, 25 September 2012 – EFG International announces its intention to proceed with the contemplated IPO of EFG Financial Products Holding AG in the fourth quarter of this year, subject to market conditions.
Zurich, 27 April 2012 – At the Annual General Meeting (AGM) held today in
Zurich, the shareholders of EFG International AG approved a distribution of
CHF 0.10 per registered share as proposed by the board of directors. All seven incumbent members of the board of directors were re-elected for a further oneyear term of office and Mr. Michael Higgin was elected as additional member of the board. The proposed changes of the articles of association were approved as well.
Zurich, 11 January 2012 – On 30 November 2011, EFG International (Guernsey)
Ltd announced its offer to exchange EFG Fiduciary Certificates for Basel III
compliant Tier 2 Bonds. The Exchange Offer was made subject to receipt of
approvals by both an extraordinary meeting of shareholders of EFG
International AG and a meeting of holders of the EFG Fiduciary Certificates.
Following yesterday’s approvals by both meetings, EFG International
(Guernsey) Ltd announces the final results of its Exchange Offer.