16.02.2017
German Startups Group Berlin GmbH & Co. KGaA DE000A1MMEV4
DGAP-News: German Startups Group will move to the new Deutsche Börse quality segment Scale for small and medium-sized enterprises on 1 March 2017
DGAP-News: German Startups Group Berlin GmbH & Co. KGaA / Key word(s):
Miscellaneous
German Startups Group will move to the new Deutsche Börse quality segment
Scale for small and medium-sized enterprises on 1 March 2017
16.02.2017 / 10:20
The issuer is solely responsible for the content of this announcement.
---------------------------------------------------------------------------
+++ Press release +++
for immediate publication
German Startups Group will move to the new Deutsche Börse quality segment
Scale for small and medium-sized enterprises on 1 March 2017
Berlin, 16 February 2017 - German Startups Group, the most active private
venture capital investor in Germany in the time period since 2012 (CB
Insights 2015, PitchBook 2016), will move to the new exchange segment Scale
for small and medium-sized enterprises of Deutsche Börse AG on its start
per 1 March 2017 and will be listed there as one of only approximately 40
companies. The new exchange segment will replace the Entry Standard, in
which the company has been listed up to now.
Christoph Gerlinger, CEO of German Startups Group, comments, "Scale
promises to become a platform through which strongly growing startups will
be able to gain access to the capital market and present themselves to a
broad public. The newly introduced quality standards are to contribute to
this, too. The independent research paid by Deutsche Börse will also
provide all investors in the segment with the benefit of objective
comparability and therefore further heighten the attractiveness of Scale.
We see German Startups Group as a good fit to this environment. We are thus
looking forward to Scale and believe it will bring our share more attention
and trading liquidity. We hope that the discount to the net asset value per
share included in the share price will decrease as well."
Press contact
German Startups Group
Theo Bonick
Tel: +49 30 6098890 84
Mail: [email protected]
German Startups Group - We Love Startups!
German Startups Group is a listed investment company based in Berlin that
focuses on young, fast-growing companies, so-called startups. The company
acquires majority and minority shareholdings mainly by providing venture
capital. The portfolio companies that German Startups Group holds also
stand to benefit from German Startups Group's expertise, experience and
network with respect to strategy development, financing rounds,
restructuring necessities, M&A transactions or selling the company,
including a possible IPO. According to its own assessment, German Startups
Group provides startups with so-called "smart money" by acquiring a
shareholding. Its focus is on companies whose products or business models
represent a disruptive innovation, allow for a high degree of scalability
to be expected, and in which it has a great deal of trust in the
entrepreneurial abilities of the founders to whom it feels that it obtains
early access to due to its close relationships to relevant players in the
startup scene. The geographical focus is on the German-speaking region.
Since it commenced with operations in 2012, German Startups Group has in
its opinion built up a diversified portfolio of investments in young
companies and become the most active private venture capital investor in
Germany since 2012 (CB Insights 2015, PitchBook 2016). 25 of the 47
minority stakeholdings in operationally active companies are of particular
significance to German Startups Group and together comprise 89% of the
total value of all 47 active minority stakeholdings. The ten core holdings
alone make up 60% of the value of all active minority stakeholdings.
According to German Startups Group, its investment portfolio reflects a
cross-section of promising German startups of various maturity stages
("Seed," "Early" and "Growth Stage," by German Startups Group's own
definition) and includes some of the most successful and best known German
startups.
More information is available on our website at www.german-startups.com.
---------------------------------------------------------------------------
16.02.2017 Dissemination of a Corporate News, transmitted by DGAP - a
service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.
The DGAP Distribution Services include Regulatory Announcements,
Financial/Corporate News and Press Releases.
Archive at www.dgap.de
---------------------------------------------------------------------------
Language: English
Company: German Startups Group Berlin GmbH & Co. KGaA
Platz der Luftbrücke 4-6
12101 Berlin
Germany
Phone: +49.30.6098890.80
Fax: +49.30.6098890.89
E-mail: [email protected]
Internet: www.german-startups.com
ISIN: DE000A1MMEV4
WKN: A1MMEV
Listed: Regulated Unofficial Market in Berlin, Dusseldorf,
Tradegate Exchange; Open Market (Entry Standard) in
Frankfurt
End of News DGAP News Service
---------------------------------------------------------------------------
544939 16.02.2017
|
Weitere Ad-hoc und Unternehmensrelevante Mitteilungen zu
German Startups Group Berlin GmbH & Co. KGaA ISIN: DE000A1MMEV4 können Sie bei EQS abrufen
Beteiligungen , A1MMEV , SGF , XETR:SGF