+++ Presse release +++
 

German Startups Group completes buyback of
900,115 own shares

Berlin, 11 July 2019 - German Startups Group, a leading venture capital provider in Germany and Berlin-based digital agency with 150 employees, closes its share buyback. As part of the public share buyback offer published 29 May 2019 on the Company's website and in the German Federal Gazette, a total of 1.138.342 shares have been tendered to German Startups Group GmbH & Co. KGaA until the end of the extended acceptance period on 8 July 2019 (12:00 pm MEZ).

The repurchase offer related to the acquisition of up to 900,115 registered no-par-value shares of German Startups Group GmbH & Co. KGaA in exchange for a cash payment of EUR 1.50 per share. As the total number of shares tendered in the offer exceeds 900,115, all acceptance declarations for up to 100 shares will be considered fully while declarations above will be considered pro rata in accordance with section 3.5 of the offer document of the share buyback, for every 100 tendered shares on average 79 shares at a price of 1.50 Euro are acquired.

The tendered shares, for which the received acceptance declarations could be taken into account are expected to be transferred on 16 July 2019 from the customers' depository accounts against payment of the offered price. Shares for which the declaration of acceptance could not be taken into account due to the pro rata consideration, remain in the customer depository accounts and are reversed to the original security identification number (WKN) A1MMEV4 or ISIN DE000A1MMEV4 which is listed in the scale segment of the open market at Frankfurt Stock Exchange.

After completion of the share buyback, German Startups Group owns 1,130,400 own shares (just under 9,4% of the companies' registered share capital).

The management of the German Startups Group evaluates the success of its public share buyback offer to strengthen its intention to pursue further divestments, to realize capital gains if possible and to compensate the shareholders in the form of further share buybacks, as long as German Startups Group's shares are trading, in the management's view, well below the net asset value (NAV) per share, fully utilizing the permitted volume for the use of own shares under exclusion of subscription rights, of each 10% of the total number of shares between two annual general meetings.

 

Investor Relations Kontakt
German Startups Group
Marcel Doeppes
[email protected]
www.german-startups.com

German Startups Group - Wir lieben Startups!

Die German Startups Group ist ein börsennotierter, führender Venture Capital-Anbieter in Deutschland und zugleich Digitalagentur mit 150 Mitarbeitern mit Sitz in Berlin und mit Fokus auf junge, schnell wachsende Unternehmen, sog. Startups. Sie erwirbt Mehrheits- und Minderheitsbeteiligungen durch Bereitstellung von Venture Capital. Ihr Fokus liegt auf deutschen Tech-Wachstumsunternehmen, deren Produkte oder Geschäftsmodelle eine disruptive Innovation aufweisen, eine hohe Skalierbarkeit erwarten lassen und bei denen sie Vertrauen in die unternehmerischen Fähigkeiten der Gründer hat. Seit der Aufnahme der Geschäftstätigkeit im Jahr 2012 hat die German Startups Group ein diversifiziertes Portfolio von Anteilen an solchen Unternehmen aufgebaut und sich zum aktivsten privaten Venture-Capital-Investor seit 2012 in Deutschland entwickelt (CB Insights 2015, PitchBook 2016). Daneben betreibt die Gesellschaft mit der G|S Market(TM) ihrer hundertprozentigen Tochtergesellschaft German Startups Market GmbH seit Juni 2018 eine Sekundärmarktplattform für die Assetklasse . Ihre mehrheitliche Beteiligung German Startups Asset Management GmbH wird künftig neuartige, eigene VC-Fonds auflegen und auf G|S Market auf Erwerberseite Zweckgesellschaften ("SPVs") bereitstellen, um mehreren Anlegern in Form von gepoolten Investments auch den Erwerb größerer Investmentopportunitäten zu ermöglichen.

Mehr Informationen unter http://www.german-startups.com/.