DGAP-News: SGT German Private Equity GmbH & Co. KGaA: SGT German Private Equity - Majority shareholder buying shares


 

DGAP-News: SGT German Private Equity GmbH & Co. KGaA / Key word(s): Investment
SGT German Private Equity GmbH & Co. KGaA: SGT German Private Equity - Majority shareholder buying shares

18.06.2021 / 11:46
The issuer is solely responsible for the content of this announcement.


+++ Press release +++
 

SGT German Private Equity - Majority shareholder buying shares
 

- Portfolio company MisterSpex announces IPO

- Doubling of stake in SoundCloud

- Settlement of the legal dispute between wiredworld and the former majority shareholding Exozet Berlin
 

Frankfurt/Main, 18 June 2021 - The SGT Capital LLC, 82.9% majority shareholder of the SGT German Private Equity in Frankfurt (SGF), a listed private equity asset manager, has informed the company that it considers the SGF shares to be significantly undervalued and has recently bought SGF shares in the stock market. According to its statement, it will make use of price dips to make additional purchases also in the future.

The portfolio company of German Startups Group VC, a wholly owned subsidiary of SGT German Private Equity, MisterSpex SE, announced on 14 June 2021 that it will go public in the third quarter of 2021, choosing the Regulated Market (Prime Standard) of the Frankfurt Stock Exchange. SGF currently holds a 0.54% stake in MisterSpex (fully diluted) and valued this stake at 1.8 million EUR in its balance sheet as of 31 December 2020 (IFRS), based on certain own assumptions. In various reports in the press, several valuations for the intended IPO of MisterSpex are mentioned that are noticeably higher than the valuation on which SGFs balance sheet is based on. Achieving a higher valuation would have corresponding positive effects on the IFRS income statement of SGF.

German Startups Group VC further expects to sell its stake in another portfolio company in summer 2021.

Furthermore, German Startups Group VC has doubled its stake in SoundCloud Ltd.

The lawsuit of wiredworld GmbH, belonging to the former authorized secretary of SGF, Nikolas Samios, against the former majority shareholding Exozet Berlin GmbH (today Endava Berlin GmbH) for a payment of 782k EUR, which economically affected SGF as a guarantor by 50.8%, was settled at 337k EUR. Thus, SGF has eliminated the related risks mentioned on page 10 of its annual report 2020 and moreover, recorded a low six-figure profit compared to the precautionary measures taken.

The Annual General Meeting of SGT German Private Equity will take place on 23 June 2021. The Annual Report 2020 was published on the Company's website on 1 June 2021.
 

Investor Relations Contact
SGT German Private Equity
Florian Dammann
[email protected]
www.sgt-germanpe.com



18.06.2021 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.

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Language: English
Company: SGT German Private Equity GmbH & Co. KGaA
Bockenheimer Landstraße 109
60325 Frankfurt am Main
Germany
Phone: +49 (0)30-54908603
Fax: +49 (0)30-54908604
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), Hamburg, Tradegate Exchange
EQS News ID: 1209703

 
End of News DGAP News Service

1209703  18.06.2021 

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Die wichtigsten Finanzdaten auf einen Blick
  2017 2018 2019 2020 2021 2022 2023e
Umsatzerlöse1 9,61 12,53 16,45 0,13 11,10 13,32 0,00
EBITDA1,2 2,70 2,34 4,84 -1,12 6,79 2,61 0,00
EBITDA-Marge3 28,10 18,68 29,42 -861,54 61,17 19,59
EBIT1,4 2,27 1,72 4,19 -1,12 5,61 -5,31 0,00
EBIT-Marge5 23,62 13,73 25,47 -861,54 50,54 -39,87 0,00
Jahresüberschuss1 1,68 -0,68 3,42 -0,74 14,08 6,85 7,00
Netto-Marge6 17,48 -5,43 20,79 -569,23 126,85 51,43 0,00
Cashflow1,7 -2,00 -1,60 0,88 -1,75 -5,83 10,76 0,00
Ergebnis je Aktie8 0,14 -0,05 0,26 -0,05 0,28 0,16 -0,07
Dividende8 0,00 0,00 0,00 0,00 0,02 0,02 0,00
Quelle: boersengefluester.de und Firmenangaben

  Geschäftsbericht 2022 - Kostenfrei herunterladen.  
1 in Mio. Euro; 2 EBITDA = Ergebnis vor Zinsen, Steuern und Abschreibungen; 3 EBITDA in Relation zum Umsatz; 4 EBIT = Ergebnis vor Zinsen und Steuern; 5 EBIT in Relation zum Umsatz; 6 Jahresüberschuss (-fehlbetrag) in Relation zum Umsatz; 7 Cashflow aus der gewöhnlichen Geschäftstätigkeit; 8 in Euro; Quelle: boersengefluester.de

Wirtschaftsprüfer: Mazars

INVESTOR-INFORMATIONEN
©boersengefluester.de
SGT German Private Equity
WKN Kurs in € Einschätzung Börsenwert in Mio. €
A1MMEV 0,630 6,04
KGV 2025e KGV 10Y-Ø BGFL-Ratio Shiller-KGV
0,00 8,34 0,00 10,16
KBV KCV KUV EV/EBITDA
0,34 0,56 0,45 2,89
Dividende '22 in € Dividende '23e in € Div.-Rendite '23e
in %
Hauptversammlung
0,02 0,00 0,00 28.06.2023
Q1-Zahlen Q2-Zahlen Q3-Zahlen Bilanz-PK
08.09.2023 19.05.2023
Abstand 60Tage-Linie Abstand 200Tage-Linie Performance YtD Performance 52 Wochen
-42,15% -57,03% -56,55% -59,35%
    
Weitere Ad-hoc und Unternehmensrelevante Mitteilungen zu SGT German Private Equity GmbH & Co. KGaA  ISIN: DE000A1MMEV4 können Sie bei EQS abrufen


Beteiligungen , A1MMEV , SGF , XETR:SGF