DGAP-News: FinLab AG / Key word(s): Miscellaneous FinLab AG: GBC Investment Research starts coverage of FinLab AG 05.11.2015 / 17:13 --------------------------------------------------------------------- * GBC Investment Research starts coverage of FinLab AG * BUY recommendation with a target price of EUR 12.30 per share Frankfurt am Main, 05.11.2015 - GBC AG, one of the leading independent research firms in Germany, has published today an initial research report about FinLab AG (ISIN DE0001218063). The analysts at GBC issued a BUY recommendation for FinLab, a company builder focused on the financial services technologies ("fintech") sector, with a target price of EUR 12.30 per share. On Wednesday, 4 November 2015, FinLab stock closed on XETRA at EUR 9.60 per share. This means GBC's analysis credits FinLab AG stock with upside potential of nearly 30%. Since finalising a reorganisation at the end of 2014, and since then focusing on the fintech area, FinLab AG has already made three investments in the fintech sector investing a total of EUR 5.5 million and committing additional EUR 1.2 million. In addition, FinLab also owns two investments in the traditional financial services area, namely Heliad Equity Partners GmbH & Co. KGaA and Patriarch Multi-Manager GmbH. These profitable investments ensure stable, recurrent cash flows, which allow FinLab to cover on-going costs and make new investments. Hence, different from many other company builders and incubators, FinLab is operating highly profitably and is not dependent on diluting capital increases. GBC estimates that Heliad, the largest of FinLab's investments, has hidden reserves of EUR 3.33 per FinLab share. If these hidden reserves are completely recognised, GBC calculates a fair value for FinLab stock of EUR 13.95 per share. The full GBC study is now available to you at www.FinLab.de, under the heading "Investor Relations". About FinLab AG: Stock market listed company FinLab AG (WKN 121806 / ISIN DE0001218063 / ticker symbol: A7A) is one of the first and largest company builders and investors focused on the Financial Services Technologies ("fintech") sector. FinLab focuses on developing German fintech start-ups and providing venture capital for their financial needs, whereas in each case the aim is a long-term participation and on-going support of the investment. FinLab also invests globally, as part of venture rounds, in fintech companies, primarily in the USA and Asia. Media contact: FinLab AG Kai Panitzki [email protected] Tel.: +49 (0) 69 719 12 80 - 0 --------------------------------------------------------------------- 05.11.2015 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. Media archive at www.dgap-medientreff.de and www.dgap.de --------------------------------------------------------------------- Language: English Company: FinLab AG Grüneburgweg 18 60322 Frankfurt / Main Germany Phone: +49 (0)69 719 12 80 - 0 Fax: +49 (0)69 719 12 80 - 011 Internet: www.finlab.de ISIN: DE0001218063 WKN: 121806 Listed: Regulated Unofficial Market in Berlin, Dusseldorf, Stuttgart; Open Market (Entry Standard) in Frankfurt End of News DGAP News Service --------------------------------------------------------------------- 409617 05.11.2015