LLB bearer share

The bearer share of the Liechtensteinische Landesbank is listed on the SIX Swiss Exchange. A number of banks in Switzerland and Liechtenstein were scarcely able to profit from the overall very positive performance of the stock market in 2012. Eleven bank shares were among the fifty weakest shares listed on the Swiss Performance Index (SPI). The LLB bearer share price also fell short of expectations.

Market capitalization

The LLB bearer share has been listed on the SIX Swiss Exchange under the symbol LLB (security number 3019524) since 1993. In 2012, 2.0 million LLB bearer shares were traded there, which corresponds to 6.5 percent of all shares issued. As at 31 December 2012, the market capitalization of Liechtensteinische Landesbank AG stood at CHF 894.7 million with a total of 30.8 million shares.

Analysts’ assessment

Analysts from UBS and the Zürcher Kantonalbank (ZKB) monitored the LLB bearer share in 2012 and regularly published studies and assessments of LLB. In 2012, Bank Vontobel and MainFirst ceased monitoring the LLB bearer share.

On 13 January 2012, Daniele Brupbacher and his research team at UBS upgraded the LLB bearer share from «sell» to «hold». The ZKB analyst Andreas Venditti kept his rating unchanged at «hold» throughout the whole year.

Communication with the capital market

The LLB Group engages in an open and ongoing dialogue with investors, analysts and representatives of the media and aims to provide them with an up-to-date picture of the opportunities and risks relating to our business activities. As a listed company, we are obliged to publish important share-price relevant information, including ad hoc information about events that may affect the share price, by means of media communiqués to all stakeholders. We simultaneously, comprehensively and regularly inform shareholders, clients, employees and the public about our business performance, value drivers as well as our strategy and provide them with an overview of our financial and operational key figures. The aim is to ensure that the price of the LLB bearer share fairly reflects the value of the company.

The LLB Group publishes annual and interim financial reports, comprising in part media and analyst conferences as well as conference calls for analysts, investors and the media. At the General Meetings of Shareholders, the Board of Directors and the Board of Management provide transparent reporting on business performance. Moreover, in the course of the year, we have regular discussions with investors, inform the public within the scope of road shows and participate in specialist conferences for financial analysts and investors.

All publicly accessible information about the LLB Group can be accessed on our web site at www.llb.li.

The public is welcome to register for electronically provided share-price relevant information about the LLB Group at www.llb.li/registration. Additionally, we publish our information via social media channels (Facebook, Twitter). The annual and interim financial reports are published by us in printed form and have also been available in a comprehensive online version with numerous additional functions since 2002.

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