AI Terminal
SGT German Private Equity GmbH & Co. KGaA
Transaction in Own Shares • May 24, 2023
5461_rns_2023-05-24_6d7b88f3-a356-42ea-82fc-fdd44aa5d333.html
Transaction in Own Shares
Open in ViewerOpens in native device viewer
News Details
Corporate | 24 May 2023 16:20
SGT German Private Equity GmbH & Co. KGaA: SGT German Private Equity redeems 3.5 million treasury shares
EQS-News: SGT German Private Equity GmbH & Co. KGaA / Key word(s): Corporate Action
SGT German Private Equity GmbH & Co. KGaA: SGT German Private Equity redeems 3.5 million treasury shares
24.05.2023 / 16:20 CET/CEST
The issuer is solely responsible for the content of this announcement.
+++ Press release +++
SGT German Private Equity redeems 3.5 million treasury shares
Frankfurt/Main, 24 May 2022 – SGT German Private Equity GmbH & Co. KGaA, a listed Private Equity asset manager, has redeemed its 3,500,000 treasury shares by management and supervisory board resolutions. The number of shares now amounts to 46,301,800.
The free float is increased from 19.0% to 20.6% by this measure.
About SGT German Private Equity
SGT German Private Equity is a Germany-based listed private equity asset manager with registered office in Frankfurt/Main. Its 100% subsidiary SGT Capital Pte. Ltd. is a global alternative investment and private equity asset manager headquartered in Singapore.
SGT Capital Fund II, with a geographical focus on Europe and North America (fund lifetime ten years), invests in market leaders and utilizes its proprietary expertise to further globalize the businesses, particularly into Asia markets. SGT seeks to enhance the international capabilities of the businesses it acquires and increasing their global economies of scale. SGT has targeted fundraising volume of 2 to 3 billion USD. The management team has many years of senior experience at renowned addresses – global private equity houses, management consultancies and investment banks. SGT Capital currently manages its issued Private Equity Funds, and a joint venture with an Asian financial services provider, in a total volume of more than 800 million USD.
From its origin as a leading German venture capital provider under the German Startups Group brand SGT German Private Equity also holds a heritage portfolio of minority stakes in some promising German Startups.
**Investor Relations Contact
Rosenberg Strategic Communications**
Dirk Schmitt
+49 170 302 8833
24.05.2023 CET/CEST Dissemination of a Corporate News, transmitted by EQS News – a service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.
The EQS Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases.
Archive at www.eqs-news.com
| Language: | English |
| Company: | SGT German Private Equity GmbH & Co. KGaA |
| Senckenberganlage 21 | |
| 60325 Frankfurt/Main | |
| Germany | |
| Phone: | 069-348690520 |
| Fax: | 069-348690529 |
| E-mail: | [email protected] |
| Internet: | www.sgt-germanpe.com |
| ISIN: | DE000A1MMEV4 |
| WKN: | A1MMEV |
| Indices: | Scale 30 |
| Listed: | Regulated Unofficial Market in Berlin, Dusseldorf, Frankfurt (Scale), Hamburg, Tradegate Exchange |
| EQS News ID: | 1641149 |
| End of News | EQS News Service |