Shareholders at BB Biotech AG's AGM vote in favor of all motions and approve cash distribution of CHF 11.60 per share

All motions put forward by the Board of Directors at today's Annual General Meeting were approved by shareholders. 

The shareholders approved the cash distribution of CHF 11.60 per share. Since this distribution will be made from paid-in capital reserves, it is exempt from Swiss withholding tax. Payment will be made on March 24, 2015 and the date of record is March 23, 2015. 

Dr. Erich Hunziker was re-elected as Chairman of the Board of Directors and Dr. Clive Meanwell and Prof. Dr. Dr. Klaus Strein were re-elected as directors, all for a one-year term of office extending until completion of the next Annual General Meeting. 

Investor Relations

Bellevue Asset Management AG, Seestrasse 16, 8700 Küsnacht, Switzerland, Tel. +41 44 267 67 00

Dr. Silvia Schanz, ssc@bellevue.ch

Maria-Grazia Iten-Alderuccio, mga@bellevue.ch

Claude Mikkelsen, cmi@bellevue.ch

Media Relations

Bellevue Asset Management AG, Seestrasse 16, 8700 Küsnacht, Switzerland, Tel. +41 44 267 67 00

Tanja Chicherio, tch@bellevue.ch 

b-public AG, Pfingstweidstrasse 6, 8005 Zürich, Switzerland, Tel. +41 79 423 22 28

Thomas Egger, teg@b-public.ch 

www.bbbiotech.com

Company profile     
BB Biotech invests in companies in the fast growing market of biotechnology and is one of the world's largest investors in this sector with CHF 4.1 bn in assets under management. BB Biotech is listed in Switzerland, Germany and Italy. Its investments are focused on listed companies that are developing and commercializing novel medical treatments and cures. BB Biotech's investment selection process is guided by the fundamental research and analysis of physicians and molecular biologists. Its Board of Directors has many years of experience in industry and science.

Disclaimer

This release contains forward-looking statements and expectations as well as assessments, beliefs and assumptions. Such statements are based on the current expectations of BB Biotech, its directors and officers, and are, therefore, subject to risks and uncertainties that may change over time. As actual developments may significantly differ, BB Biotech and its directors and officers accept no responsibility in that regard. All forward-looking statements included in this release are made only as of the date of this release and BB Biotech and its directors and officers assume no obligation to update any forward-looking statements as a result of new information, future events or other factors.