Annual report of Verwaltungs- und Privat-Bank Aktiengesellschaft, Vaduz

The annual report of Verwaltungs- und Privat-Bank Aktiengesellschaft is largely evident from the consolidated annual report of VP Bank Group.

As of the balance-sheet date, Verwaltungs- und Privat-Bank Aktiengesellschaft, Vaduz, and/or its subsidiaries held in total 107,795 bearer shares as well as 30,659 registered shares (previous year: 130,207 bearer shares and 45,084 registered shares). This equates to a capital share of approximately 1.9 per cent (previous year: 2.3 per cent). In addition, we refer to the notes to the relevant annual financial statements regarding the number of and changes in treasury shares in the parent company. 

In keeping with the adjusted VP Bank’s dividend policy, the Board of Directors will propose a dividend of CHF 3.50 per bearer share and CHF 0.35 per registered share (previous year: CHF 2.50 per bearer share and CHF 0.25 per registered share) at the annual general meeting of shareholders to be held on 25 April 2014.