23.07.2018
German Startups Group GmbH & Co. KGaA DE000A1MMEV4
DGAP-Adhoc: German Startups Group GmbH & Co. KGaA: German Startups Group realizes a value gain of almost 1.6 million euros or 0.13 euro per German Startups Group share for one of its focus investments
DGAP-Ad-hoc: German Startups Group GmbH & Co. KGaA / Key word(s):
Development of Sales/Change in Forecast
German Startups Group GmbH & Co. KGaA: German Startups Group realizes a
value gain of almost 1.6 million euros or 0.13 euro per German Startups
Group share for one of its focus investments
23-Jul-2018 / 11:27 CET/CEST
Disclosure of an inside information acc. to Article 17 MAR of the Regulation
(EU) No 596/2014, transmitted by DGAP - a service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.
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+++ ad-hoc announcement +++
Disclosure of an inside information acc. to Art. 17 Sec. 1 of the Regulation
(EU) No. 596/2014 (Market Abuse Regulation - MAR)
German Startups Group realizes a value gain of almost 1.6 million euros or
0.13 euro per German Startups Group share for one of its focus investments
Berlin, 23 July 2018 - German Startup Group GmbH & Co. KGaA, a publicly
listed, leading venture capital investor in Germany and at the same time
also a digital agency with 150 employees based in Berlin, realizes a value
gain of almost 1.6 million euros or 0.13 euro per German Startups Group
share for one of its focus investments. The shares of the portfolio company
are being valued significantly higher than before as part of a noteable
share acquisition transaction. The German Startups Group records such book
value adjustments usually on the occasion of such external objectivisation
events. They strengthen its profit and loss statement and its equity.
After completion of a share buyback in the last weeks, German Startups Group
owns 230,285 own shares (almost 2% of the companies' registered share
capital).
Investor relations contact
German Startups Group
Marcel Doeppes
[email protected]
www.german-startups.com
German Startups Group - We Love Startups!
The German Startups Group, a publicly traded company comprises one of the
leading VC providers in Germany with a digital agency employing 150 staff in
Berlin. With a focus on Germany's young, fast growing companies - so called
startups - the company acquires majority and minority shareholdings by
providing venture capital. The core investment focus is on those tech
companies whose products or business models include disruptive innovation,
allow for a high degree of scalability and are run by strong entrepreneurial
management teams. Since it commenced operations in 2012, German Startups
Group has built a diversified portfolio of stakes in such companies and has
become the most active private venture capital investor in Germany (CB
Insights 2015, Pitchbook 2016). With the launch of G|S Market(TM) via a
wholly owned subsidiary German Startups Market GmbH, the company operates a
secondary market platform for tech assets since June 2018. Its majority
holding, German Startups Asset Management GmbH, will launch its own novel
type VC funds in the future and provide SPVs for G|S Market(TM) on the
acquirer side in order to enable several investors to acquire larger
investment opportunities through pooled investments.
More information at www.german-startups.com.
Disclaimer
This release may not be published, distributed or transmitted in the United
States, Canada, Australia or Japan. This release is not directed to or
intended for distribution to or use by, any person or entity that is a
citizen or resident or located in any locality, state, country or other
jurisdiction where such distribution, publication, availability or use would
be contrary to law or regulation or which would require any registration or
licensing within such jurisdiction.
Neither this release nor its content may be published, dispatched,
distributed or disseminated within the United States of America, and in each
case neither by means of utilization of any postal service nor by any other
means or instruments of business communication between single states or
foreign trade or any facilities of a national stock exchange of the United
States of America. This includes, among others, submission by fax,
electronic post, telex, telephone and the internet. Copies of this release
or any other documents related to this release may also not be distributed
or submitted to or within the United States of America.
These materials do not constitute an offer of securities for sale or a
solicitation of an offer to purchase securities of the Company in the United
States, Germany or any other jurisdiction.
This release contains forward-looking statements. These statements are based
on the current views, expectations and assumptions of the management of
German Startups Group GmbH & Co. KGaA ("German Startups Group") and involve
known and unknown risks and uncertainties that could cause actual results,
performance or events to differ materially from those expressed or implied
in such statements. Actual results, performance or events may differ
materially from those described in such statements due to, among other
things, changes in the general economic and competitive environment, risks
associated with capital markets, currency exchange rate fluctuations and
competition from other companies, changes in international and national laws
and regulations, in particular with respect to tax laws and regulations, and
other factors. German Startups Group does not assume any obligations to
update any forward-looking statements.
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23-Jul-2018 CET/CEST The DGAP Distribution Services include Regulatory
Announcements, Financial/Corporate News and Press Releases.
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Language: English
Company: German Startups Group 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
Indices: Scale 30
Listed: Regulated Unofficial Market in Berlin, Dusseldorf,
Frankfurt (Scale), Tradegate Exchange
End of Announcement DGAP News Service
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706909 23-Jul-2018 CET/CEST
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