SWX Swiss Exchange: Debut Of Prime New Energy Inc.

The shares of Prime New Energy Inc., headquartered in Olten, Switzerland, were traded for the first time today on the SWX Swiss Exchange. The price was set at CHF 105.50. The opening price in SWX trading today stood 4% above that level at CHF 110, representing a total market capitalisation of CHF 209 million.

According to the listing prospectus, all 1'900'000 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.

Prime New Energy AG is a holding company investing in listed and, alternatively, non-listed businesses active in the fields of energy efficiency, renewable energies and energy IT management. North America and Europe represent the company's main geographical focus.