On January 13, 2014, The Swiss Helvetia Fund, Inc issued a press release announcing the commencement of a self-tender offer on the terms and conditions set forth in the Company's offer to purchase and the related letter of transmittal. In addition, the Company stated that pursuant to the offer, it is offering to purchase, in exchange for cash, up to 15% of its outstanding shares of common stock at a price equal to 95% of the its net asset value per share.