Voting of the shareholders at the annual shareholders meeting 2017

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New Venturetec: The Shareholders of New Venturetec approved all proposals of the Board of Directors at the 20th Annual Shareholders Meeting 2017, held on December 1, 2017

 

Zug, December 1, 2017. The Shareholders of New Venturetec approved and resolved all proposals of the Board of Directors at the 20th Annual Shareholders Meeting which took place on December 1, 2017 in Zug.

The agenda of the 20th Annual Shareholders Meeting was:

  • Annual report, annual financials and the report of the auditors for the fiscal year 2016/17
  • Appropriation of the accumulated deficit
  • Discharge of the Board of Directors
  • Remuneration of the Board of Directors
  • The re-election of Mr. Peter Friedli and Mr. Andreas von Sprecher and the election of Mr. Michael Endres to the Board of Directors for the term of one year
  • Election of the Chairman of the Board of Directors
  • Election of the Members of the Compensation Committee
  • Election of the Independent Shareholder Representative
  • Election of the Statutory Auditors
  • Adaption of Art. 3a of the Articles of Association

The Board of Directors of New Venturetec appreciates the strong interest and support of all the Shareholders.

                   

About New Venturetec

New Venturetec is a publicly traded Swiss investment company (SIX: NEV) which holds participations in venture companies in the areas of biotechnology and technology which are domiciled in the USA.

The investment horizon should be 10 years or more. A shareholder is recommended to follow the development with interest and base an investment or disinvestment decision on results of the development of the portfolio companies rather than on the general capital market and the investors’ sentiment. Any investor should only invest in New Venturetec if he can afford the complete loss of the investment without having to change his lifestyle. Significant risk is involved and the timelines may exceed the expectations. In addition, the market of New Venturetec shares is very illiquid. The risks of venture investments are 100%. The total loss of the investment has to be considered as a realistic possibility.

For further information:

New Venturetec AG
Peter Friedli
Chollerstrasse 35
6300 Zug
Tel: 041 740 25 25
Email: info@newventuretec.com