Capital structure

The information required by the DCG regarding the capital structure is provided in note 25 (share capital, movements in the share capital) to the Consolidated Finan­cial Statements. The Company has no convertible bonds out­standing. The issued share capital is divided into 5,488,858 registered shares with a nominal value of CHF 7.29 (2016: CHF 18.60). All of the issued shares are fully paid and validly issued and are not subject to calls for additional payments of any kind. The Company has one class of shares, which carries no right to a fixed dividend.

By resolution of the Annual General Meeting on December 7, 2016, the shareholders approved the proposed distribution of dividends in the amount of CHF 15.50 per share, to be executed through a payment from reserves from capital contributions in the amount of CHF 22,998,315 and through capital reduction in the amount of CHF 62,078,984. The respective payments to the shareholders took place on March 2, 2017.