SGT German Private Equity GmbH & Co. KGaA

Earnings Release • Dec 22, 2016

News Details

Ad-hoc | 22 December 2016 21:09

German Startups Group records a decrease in value of one of its portfolio companies

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

22-Dec-2016 / 21:09 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 +++

German Startups Group records a decrease in value of one of its portfolio
companies
- Management upholds its profit estimate 2016e of approximately 0.30 euros
per share

Berlin, 22 December 2016 - A focus investment of German Startups Group will
likely conduct a financing round shortly at a significantly lower share
price than in the last financing round. German Startups Group therefore
devalues its shares in the company to the new, lower share price by
approximately 1 million euros.

In spite of this, the company upholds the guidance it released on 12
October 2016 due to opposite effects from valuation increases of other
holdings. The management of German Startups Group unalteredly expects a net
consolidated profit of approximately 0.30 euros per share (IFRS) for the
year of 2016 as a whole.

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

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