SWX: Debut Of SAM Smart Energy Inc.

The shares of SAM Smart Energy Inc., headquartered in Zollikon, Switzerland, were traded for the first time today on the SWX Swiss Exchange. The public offering price was set at CHF 100. The opening price in SWX trading today stood 5% above that level at CHF 105, representing a total market capitalisation of CHF 79 million.

According to the listing prospectus, all 753'000 of the bearer shares reflected in the Commercial Register, equivalent to 100% of the company's outstanding stock, were to be listed in the investment company segment of the SWX Swiss Exchange.

Established by SAM Sustainable Asset Management AG, SAM Smart Energy AG invests in companies that deploy new technologies and services to ensure that energy is used in a efficient and environmentally friendly manner. In addition, up to 20% of assets are invested in fast-growing unlisted companies. Founded in 1995, SAM Sustainable Asset Management AG is an asset management company for sustainable investments. As such, it acts as an advisor to major European banks, global insurance companies, pension funds and private investors.