Baar (pta041/06.04.2020/20:45) - The portfolio company Bogar AG has developed different scenarios for the impact of the Corona-crisis in the financial year 2020.. On this basis, the Board of Directors of New Value AG has approved a re-assessment of Bogar AG at its today's meeting. The new valuation results in a value adjustment of CHF 261`100 (from CHF 0.26 per share to CHF 0.22 per share). This adjustment impairs the NAV (Net Asset Value) of New Value AG by CHF 0.08 per share.
About New Value
New Value AG, which is listed on the SIX Swiss Exchange, invests directly in private companies with strong growth potential in Switzerland and neighbouring countries. New Value AG provides growth capital to promote innovative business models and supports the companies to market success. The companies included in the portfolio are mainly related to the cleantech and healthcare sectors.
Stock exchange listings: SIX Swiss Exchange (www.six-swiss-exchange.com)
Ticker symbols NEWN (CH)
Security number 1 081 986
Contact New Value AG, Zugerstrasse 8a, CH-6340 Baar, Switzerland
Dr. Bernd Pfister
Phone +41 43 344 38 38
downloads www.newvalue.ch Email: email@example.com