SGT German Private Equity GmbH & Co. KGaA

Regulatory Filings • Jul 21, 2015

News Details

Corporate | 21 July 2015 17:39

German Startups Group Berlin GmbH & Co. KGaA postpones planned IPO

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

21.07.2015 17:39

Dissemination of a Corporate News, transmitted by DGAP - a service of EQS
Group AG.
The issuer / publisher is solely responsible for the content of this announcement.

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+++ Quasi ad hoc announcement +++
for immediate publication

German Startups Group Berlin GmbH & Co. KGaA
postpones planned IPO

Berlin, 21 July 2015 - German Startups Group Berlin GmbH & Co. KGaA, a
venture capital provider to innovative startups in Germany, decided today
to postpone its planned IPO.

This decision was made due to the fragile capital market environment the
company has seen while its investor education efforts have been going on
since 17 June 2015 and since the investor roadshow the company has been
putting on since 8 July 2015. In light of this environment, the management
sees no chance of listing the company on the stock exchange at a fair price
and generating the desired oversubscription, in other words excess demand.

The management does not expect the postponement of the IPO to have a major
impact on the positive course of business.

< END OF QUASI AD HOC ANNOUNCEMENT >

About German Startups Group Berlin GmbH & Co. KGaA
German Startups Group is an investment company based in Berlin that focuses
on young, fast-growing companies, so-called startups. The company acquires
majority and minority shareholdings mainly by providing venture capital.
The portfolio companies that German Startups Group holds also stand to
benefit from German Startups Group's expertise, experience and network with
respect to strategy development, financing rounds, restructuring
necessities, M&A transactions or selling the company, including a possible
IPO. According to its own assessment, German Startups Group provides
startups with so-called "smart money" by acquiring a shareholding. Its
focus is on companies whose products or business models represent a
disruptive innovation, allow for a high degree of scalability to be
expected, and in which it has a great deal of trust in the entrepreneurial
abilities of the founders to whom it feels that it obtains early access to
due to its close relationships to relevant players in the German startup
scene. The geographical focus is on the German-speaking region. Since it
commenced with operations in 2012, German Startups Group has managed to
assemble what it considers to be a diversified portfolio of shares in young
companies and grown to become the second most active venture capital
investor in the tech segment in Germany (CB Insights, The 2014 European
Tech Report). As of 15 June 2015, the company held shares in 43
operationally active companies (including one solely as a convertible
loan). According to the group, its investment portfolio reflects a
cross-section of extremely promising German startups of various maturity
stages ("Seed," "Early" and "Growth Stage," by the company's own
definition) and includes some of the most successful and best-known German
startups.
More information is available on our website under
http://www.german-startups.com

Contact:
cometis AG
Investor Relations
Ulrich Wiehle / Mariana Kuhn
Unter den Eichen 7, 65195 Wiesbaden
Phone: +49 611 20 585 5-61
Fax.: +49 611 20 585 5-66
e-mail: Kuhn@cometis.de

Disclaimer:
This communication is not for publication or distribution, directly or
indirectly, in or into the United States. This communication does not
constitute or form part of an offer of securities for sale or solicitation
of an offer to purchase securities in the United States, Canada, Australia,
Japan or in any other jurisdiction where such offer may be restricted. The
securities must not be offered or sold in the United States unless they are
registered or exempted from registration requirement under US Securities
Act of 1933, as amended (the "Securities Act"). The securities referred to
in this communication have not been, and will not be, registered under the
Securities Act and have not been and will not be - without an applicable
exemption from the registration requirements - offered or sold in the
United States or to or for the account or benefit of US persons (as such
term is defined in Regulation S under the Securities Act). There will be no
public offering of securities in the United States or anywhere else, except
for Germany.

This publication constitutes neither an offer to sell nor a solicitation to
buy securities. The offer will be made solely by means of, and on the basis
of, a published securities prospectus. Investment decisions with respect to
the publicly offered shares of German Startups Group Berlin GmbH & Co. KGaA
should be made solely on the basis of the securities prospectus. The
securities prospectus is available from German Startups Group Berlin GmbH &
Co. KGaA, Platz der Luftbrücke 4-6, 12101 Berlin, and on the Internet under
www.german-startups.com free of charge.

This communication is directed only at persons who: (i) are qualified
investors within the meaning of the Financial Services and Markets Act 2000
(as amended) and any relevant implementing measures, and/or (ii) are
outside the United Kingdom, and/or (iii) have professional experience in
matters relating to investments who fall within the definition of
"investment professionals" contained in article 19(5) of the Financial
Services and Markets Act 2000 (Financial Promotion) Order 2005 (as amended)
(the "Order"), or are persons falling within article 49(2)(a) to (d) (high
net worth companies, unincorporated associations, etc.) of the Order, or
fall within another exemption to the Order (all such persons referred to in
(i) to (iii) above together being referred to as "Relevant Persons"). Any
person who is not a Relevant Person must not act or rely on this
communication or any of its contents. Any investment or investment activity
to which this communication relates is available only to Relevant Persons
and will be engaged in only with/via Relevant Persons.

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