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Fundamentals

In accordance with the regulations of SWX Exchange main market, Actelion publishes results quarterly as well as annually. These results can be found in the Year 2008 Financial Statements section. For the full list of media releases visit our Media Relations section.

Listing

Actelion Ltd is organized under Swiss law and is the holding company of the Actelion Group. The company's initial equity funding was provided in 1998 and 1999 in two separate rounds of financing totalling CHF 66 million.

The registered shares of Actelion Ltd were first listed on the SWX New Market on April 6, 2000 (symbol: ATLN). A total of 1,000,000 primary shares were placed at the company’s Initial Public Offering (IPO), at a price of CHF 260 per share, raising CHF 246.6 million.

On 22 November 2006, Actelion Finance SCA, Luxembourg issued CHF 460 million of senior convertible bonds due 2011 unconditionally and irrevocably guaranteed by Actelion Ltd, Allschwil, Switzerland. The bonds have a coupon of zero percent and an annual yield to maturity of zero percent. The conversion price is CHF 54.17. On or after 30 June 2007 and until the 30th trading day prior to the maturity date on 22 November 2011, each Bond in the denomination of CHF 5,000 is convertible free of charge into cash up to the principal amount and any conversion value above the principal amount may be settled, at the option of Actelion, into cash or Shares or a combination thereof. The issue price was set at 100% and the redemption price at 100%. The Bonds are non-callable for life.

On 18 January 2007, Actelion exercised its right to call for an early redemption of the Senior Unsecured Zero Coupon Convertible Bonds due 15 October 2008 issued by Actelion Finance SCA, Luxembourg on 1 October 2003. The redemption date was 19 February 2007. The bonds were fully converted and 937.068 shares were issued.

Indices
Actelion Ltd is part of the following indices: SPI, SLI, SMIM, SPIMLC, SPI20, SPISMC, SXXP, SXDP, SBC100, SNSPIX, SMHCAX, SLDI, SXI LIFE SCIENCES and SXI Bio+Medtech.

On 8 July 2008 the Management Committee of the SWX Swiss Exchange decided to add Actelion shares (ATLN, CH0010532478) to the Swiss Market Index SMI®. Actelion shares will trade for the first time as part of the SMI on Monday, 22nd September 2008, when the SMI basket adjustment will take place.

Actelion is traded under the following symbols: Reuters: ATLN.S/ Bloomberg ATLN.

Voting

Each Actelion Ltd registered share gives the holder the right to one vote.

Any acquirer not expressly stating in its application form that the Shares have been acquired for its own account ("Nominee") may be entered as Shareholder in the Share Register with voting rights for a maximum of 5% of the total outstanding Share Capital. In excess of this limit, registered Shares held by a Nominee will only be registered with voting rights, if such Nominee declares in writing that it is prepared to disclose the name, address and shareholding of any person for whose account it is holding 1% or more of the outstanding Share Capital. The limit of 5% shall apply correspondingly for Nominees who are related to one another through capital ownership or voting rights or have a common management or are otherwise interrelated.


Last update: 22 Jul 2008