swisspartners resolves US tax issue
Vaduz, 10 May 2014. swisspartners Investment Network AG, a subsidiary of the
Liechtensteinische Landesbank AG (LLB), reaches an agreement with the US
authorities and conclusively resolves the US tax issue.
On 9 May 2014, both sides signed a Non-Prosecution Agreement, which entails a
payment in the amount of USD xx million to the US authorities. This amount is
covered by provisions and therefore does not affect the 2014 annual financial
statement. Now that the US tax issue is resolved, the LLB will resume
negotiations on the sale of swisspartners Investment Network AG.
*Tuesday, 13 May 2014, Ex-dividend date
*Friday, 16 May 2014, Dividend payout date
*Thursday, 28 August 2014, Semi-Annual Financial Statement 2014
*Tuesday, 10 March 2015, 2014 Annual Results
The Liechtensteinische Landesbank AG (LLB) is the longest established
financial institute in the Principality of Liechtenstein. The Principality of
Liechtenstein holds the majority of the company's share capital. The LLB's
shares are listed on the SIX Swiss Exchange (symbol: LLB). The LLB Group
offers its clients comprehensive wealth management services, as a universal
bank, in private banking, asset management and fund services. With 925
employees, the LLB is represented in Liechtenstein, Switzerland, Austria, and
in the United Arab Emirates (Abu Dhabi and Dubai). As per 31 December 2013,
the LLB Group managed client assets totalling CHF 49.1 billion.
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