Altin AG - Sale of own securities.
Business Editors
BAAR, Switerland--(BUSINESS WIRE)--Jan. 31, 2003
Altin AG--
Altin AG, Neuhofstrasse 8, CH-6340 Baar, Switzerland informs that it has sold own shares through its subsidiary Altin (Cayman) Ltd., P.O. Box 309, Ugland House, South Church Street, George Town George Town, town (1989 pop. 12,921), capital of the Cayman Islands, in the West Indies. It is a major offshore banking and business center, and many companies have subsidiaries there because of the tax advantages. Tourism, including skin diving and duty-free shopping, is also economically important., Grand Cayman, on January 31, 2003. The company holds 490'667 own shares (9.88% of total market capitalisation and voting rights of 4'965'598 registered shares Registered Shares Shares that are issued in a shareholder's name as the holder of record.).
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