Prospectus • May 29, 2012
Prospectus
Open in ViewerOpens in native device viewer
This supplementary prospectus (the "Supplementary Prospectus") constitutes a supplementary prospectus for the purposes of section 87G of the Financial Services and Markets Act 2000 (the "FSMA") and Article 16 of Directive 2003/71/EC (the "Prospectus Directive") and should be read in conjunction with the Base Prospectus (the "Base Prospectus") of UBS AG, incorporated in Switzerland, as Issuer (the "Issuer") dated 22 December 2011 and the supplementary prospectus of the Issuer dated 5 April 2012 (the "First Supplement"). Terms used in this document, unless otherwise stated, bear the same meanings as in the Base Prospectus. The purpose of this Supplementary Prospectus is to incorporate by reference the financial results of the Issuer for the first quarter of 2012 and to reflect significant new information in respect of the Issuer's 2012 first quarter results and the Issuer's Board of Directors.
This Supplementary Prospectus has been filed with the Financial Services Authority the ("FSA") and made available to the public in accordance with Rule PR 3.2 of the Prospectus Rules and Articles 14 and 16 of the Prospectus Directive. This document has been approved as a supplementary prospectus by the FSA under section 87A of the FSMA and Articles 13 and 16 of the Prospectus Directive.
The Issuer accepts responsibility for the information contained in this Supplementary Prospectus. To the best of the knowledge and belief of the Issuer, who has taken all reasonable care to ensure that such is the case, the information contained in this Supplementary Prospectus is in accordance with the facts and does not omit anything likely to affect the import of such information.
To the extent that there is any inconsistency between (a) any statement in this Supplementary Prospectus or any statement incorporated by reference into the Base Prospectus and (b) any other statement in or incorporated by reference into the Base Prospectus, the statements in (a) above will prevail.
Save as disclosed in this Supplementary Prospectus, there has been no other significant new factor, material mistake or inaccuracy relating to information included in the Base Prospectus or the First Supplement which is capable of affecting the assessment of the Notes issued under the Base Prospectus and the First Supplement since the publication of the First Supplement.
Any person who has agreed with an Offeror to buy or subscribe for Notes prior to publication of this Supplementary Prospectus may, in accordance with section 87Q(4) of the FSMA, withdraw his acceptance before the end of two working days beginning with the first working day after the day of publication of this Supplementary Prospectus. Accordingly any such person wishing to exercise the statutory withdrawal rights contained in section 87Q of FSMA must do so by lodging a written notice of withdrawal with the appropriate Offeror during normal business hours (or by any other means as may be agreed with the appropriate Offer) so as to be received no later than 31 May 2012. Notice of withdrawal which is deposited or received after such date will not constitute a valid withdrawal.
See "Risk Factors" in the Base Prospectus, as supplemented by the First Supplement, for a discussion of material risk factors that should be carefully considered by prospective purchasers before deciding whether to invest in the Notes.
The following document is incorporated in this document by reference and is available as set out below and at the registered office of the Issuer:
the published financial results of the Issuer for the first quarter of 2012 in the English language, which are available on the Issuer's website at: https://www.ubs.com/global/en/about\_ubs/investor\_relations/quarterly\_reporting/2012.html; and
(The reference to the UBS website is for information purposes only; the UBS website does not form part of the Supplementary Prospectus).
No documents referred to in the above document are themselves incorporated into this Supplementary Prospectus and accordingly, other than the document specifically identified above, no other documents (including the contents of any websites referred to in this Supplementary Prospectus) form part of this Supplementary Prospectus for the purposes of the Prospectus Directive or the Prospectus Rules.
On 2 May 2012 the Issuer published its First Quarter 2012 Report including unaudited financial results for the first quarter of 2012, trend information (outlook statement) and information concerning litigation and regulatory matters and other contingent liabilities. The First Quarter 2012 Report of the Issuer is incorporated by reference herein and available from the Issuer's website as specified under "Documents incorporated by reference" above.
Further to the statement in the First Supplement, UBS AG shareholders re-elected the existing members of the Board of Directors proposed for re-election and also elected Isabelle Romy, Beatrice Weder di Mauro and Axel A. Weber to the Board for the first time at the Annual General Meeting on 3 May 2012. Following the meeting, the Board of Directors appointed Axel A. Weber its Chairman, as was its intention in the event of his election.
Building tools?
Free accounts include 100 API calls/year for testing.
Have a question? We'll get back to you promptly.