SGT German Private Equity GmbH & Co. KGaA

Management Reports • Dec 31, 2016

News Details

Ad-hoc | 31 December 2016 16:18

The management of German Startups Group lowers guidance for the financial year 2016

German Startups Group Berlin GmbH & Co. KGaA / Key word(s): Change in
Forecast

31-Dec-2016 / 16:18 CET/CEST
Disclosure of an inside information acc. to Article 17 MAR, 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 +++

The management of German Startups Group lowers guidance for the financial
year 2016

Berlin, 31 December 2016 - Following recent realisations, an increase in
value of a portfolio company expected by German Startups Group for 2016
will not be considered as yet realised in 2016. Extraordinary expenses of
0.05 euros per share due to prepaid equity procurement expenses will also
incur (IFRS). The management of German Startups Group therefore now expects
a net consolidated profit of 0.15 euros per share for the financial year
2016 (IFRS). The company expects an operating consolidated result of
approximately 0.20 euros per share (IFRS). The company hopes that the
above-mentioned increase in value expected for 2016 in the amount of at
least 0.15 euros per share will be realised in 2017 (IFRS).

Investor relations contact
cometis AG
Henryk Deter / Claudius Krause
Tel: +49 611 20585528
Mail: krause@cometis.de

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