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ALTAMIR AMBOISE : Press release
Regarding the safeguard procedure (Procédure de Sauvegarde) of its portfolio company Financière Hélios, Altamir Amboise informs its shareholders that the Commercial Court of Paris has decided to renew the observation period for a one month period.
This renewal will enable the Commercial Court to render its decision on the safeguard plan presented by Financière Hélios. This plan was discussed before the Commercial Court on 9 September 2009.
Financière Hélios is the main shareholder of Séchilienne-Sidec. It is controlled by funds managed by Apax Partners SA and Altamir Amboise.
(Please also visit: www.financiere-helios.com.)
At 30 June 2009, Altamir Amboise's holding in Financière Hélios represented 11% of its portfolio in fair market value. For the record, Financière Hélios has a specific financing with no recourse on Altamir Amboise.
About Altamir Amboise
Altamir Amboise is a listed private equity company which was created in 1995, targeting NAV per share growth in line with the top-performing private equity players.
Altamir Amboise co-invests with the funds managed by Apax Partners SA, a leading private equity firm with over 30 years of investing experience. It offers investors access to a diversified portfolio of fast-growing companies across Apax' sectors of specialisation: Tech & Telecom, Retail & Consumer, Media, Healthcare, Business & Financial Services.
Altamir Amboise is listed on Euronext Paris, Compartment C, ticker: LTA, ISIN: FR0000053837. At 31 December 2008, the total number of Altamir Amboise ordinary shares is 36 512 301.
For further information: www.altamir-amboise.fr
Agathe Heinrich - Marketing Director
Tel: +33 1 53 65 01 35
Marie Ployart - Financial Communications
Tel: +33 1 53 65 01 33
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