Ad hoc announcement pursuant to Art. 53 Listing Rules
EEII posted a profit of CHF 1,453 million in the first half of 2021 (H1 2020: loss of CHF 2,607 million). Gazprom shares – the only remaining portfolio investment – rose by 34%, riding on the sharp price increase for oil and gas during the reporting period. The net asset value of the EEII shares (“NAV”) reached CHF 4.01 at the end of June 2021, which corresponds to an increase of 31 % since the beginning of the year.
As published in the ad-hoc announcement of April 6, 2021, the contractual agreement to take over the majority stake between Nacala Worldwide AG and the current main shareholder, Gehold SA, was extended to September 17, 2021 at the latest. As of the time of the publication of this half-year report, no further information is available on the status of the transaction
The entire half year results 2021 are at disposal under www.eeii.ch using the web-link – http://www.eeii.ch/reports/2021.html for a data download.
Further information:
Marcus H. Bühler, CEO (Tel: +41-44-552 43 43).
EEII is quoted at Swiss Exchange (SIX) (Bloomberg: EEII SW Equity).