Ad hoc announcement
GAM Holding AG provides an update on the Group’s expected first half 2023 results - Seite 2
Notes to editors:
- A full update of the Group’s first half results for 2023 will be provided on 3 August 2023.
- David Jacob today published a letter and video in which he urges shareholders to tender their shares into the Liontrust offer.
- The Liontrust offer period started on 28 June 2023 and is expected to expire on 25 July 2023, with the current GAM Board of Directors and Group Management Board having agreed to tender their shares.
- The final results of the main offer period are expected to be published on or about 31 July and completion of the transaction is currently expected to take place during the fourth quarter of 2023, subject to the satisfaction or waiver of the offer conditions.
- Shareholders tendering their shares into the Liontrust offer will continue to be able to sell their shares on a second trading line for tendered shares.
- Whether or not shareholders have tendered or intend to tender their shares into the Liontrust offer has no effect on their right to participate in and, in particular, cast their vote, at GAM’s Extraordinary General Meeting currently scheduled to be held on 25 August 2023.
Upcoming events:
3 August 2023 Half year results 2023
25 August 2023 Extraordinary General Meeting
19 October 2023 Q3 2023 Interim Statement
For further information please contact:
Charles Naylor
Head of Communications and Investor Relations
T +44 7890 386 699
Media Relations
Ute Dehn Christen
T +41 58 426 31 36
Visit us: www.gam.com
Follow us: Twitter and LinkedIn
GAM
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GAM is an independent investment manager that is listed in Switzerland and has, within its Investment Management division, AuMA of CHF 23.3 billion (£21.0 billion) as at 31 March 2023. GAM has global distribution with offices in 14 countries and is geographically diverse with clients in almost every continent. It has 3,500 clients globally, of which c. 2,700 are based in Europe. Headquartered in Zurich, GAM Investments was founded in 1983 and its registered office is at Hardstrasse 201 Zurich, 8037 Switzerland.