Information for investors and analysts

In 2014, an overall performance of 15.5% was achieved with the Allreal share, based on the market price of 31 December 2013. This performance comprises the increas in share price (11.0%) and the distribution to shareholders (4.5%).

In the past three years, investors obtained an annualised overall performance of 9.2% (2012), −8.6% (2013) and 15.5% (2014) with the Allreal share, corresponding to an average constant return of 5.1% p.a.

On 31 December 2014, the Allreal Group’s market capitalisation stood at CHF 2 185.5 million. As at the balance sheet date, consolidated equity came to CHF 1 954.0 million, resulting in a premium (difference between the market price and equity per share) of 11.8% (31.12.2013: −0.2%).

The Board of Directors will propose to the annual general meeting of 17 April 2015 a distribution of CHF 5.50 (unchanged from the previous year) per registered share in the form of a repayment of reserves from contribution of capital (“capital contribution principle”).

The distribution amounts to 80.4 % of the net profit excl. profit from revaluation effect, corresponding to a cash yield of 4.0%, based on the closing price of the registered share on 31 December 2014.

[1]Number of shares issued minus treasury shares

[2]Average outstanding shares according to IAS 33

[3]Market price on 31 December multiplied by number of outstanding shares on 31 December

Share statistics

Shareholder structure as at 31 December 2014

53.4% of the share capital is owned by pension funds and insurance companies and 9.0% by natural persons. A further 22.1% is owned by other legal entities as well as investment funds, foundations and banks. 15.5% of the share capital has not been submitted for registration in the share register. Foreign investors own 6.6% (registered shares).

1.25% bond issue 2014–2019

Allreal Holding AG issued a fixed-rate bond of CHF 125.0 million in the second quarter of 2014. CHF 124.6 million accrued to the company from the issue of the 1.25% bond 2014–2019 with payment date 2 April 2014 after deduction of issuing costs.

Further information on the bond issue can be found on page 108 of the Annual Report or in the issue prospectus of 31 March 2014.

2.00% bond issue 2013–2020

Allreal Holding AG issued a fixed rate bond of CHF 150.0 million in the third quarter of 2013. CHF 148.9 million accrued to the company from the issue of the 2.00% bond 2013–2020 with payment date 23 September 2013 after deduction of issuing costs.

Further information on the bond issue can be found on page 108 of the Annual Report or in the issue prospectus of 12 September 2013.

2.50% bond issue 2011–2016

Allreal Holding AG issued a fixed-rate bond of CHF 150.0 million in the second quarter of 2011. CHF 148.6 million accrued to the company from the issue of the 2.50% bond 2011–2016 with payment date 12 May 2011 after deduction of issuing costs.

Further information on the bond issue can be found on page 108 of the Annual Report or in the issue prospectus of 10 May 2011.