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SGT German Private Equity GmbH & Co. KGaA
ISIN: DE000A1MMEV4
WKN: A1MMEV
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SGT German Private Equity GmbH & Co. KGaA · ISIN: DE000A1MMEV4 · EQS - adhoc news (71 News)
Country: Germany · Primary market: Germany · EQS NID: 1453715
30 September 2022 07:40AM

SGT German Private Equity GmbH & Co. KGaA: SGT German Private Equity resolves on public share tender offer at 2.00 EUR per share to buy back up to 7% of its shares


EQS-Ad-hoc: SGT German Private Equity GmbH & Co. KGaA / Key word(s): Share Buyback
SGT German Private Equity GmbH & Co. KGaA: SGT German Private Equity resolves on public share tender offer at 2.00 EUR per share to buy back up to 7% of its shares

30-Sep-2022 / 07:40 CET/CEST
Disclosure of an inside information acc. to Article 17 MAR of the Regulation (EU) No 596/2014, transmitted by EQS - a service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.


+++ Ad-hoc announcement+++
 

SGT German Private Equity resolves on public share tender offer
at 2.00 EUR per share to buy back up to 7% of its shares
 

Frankfurt/Main, 30 September 2022 – The managing general partner of SGT German Private Equity GmbH & Co. KGaA (ISIN DE000A1MMEV4 / WKN A1MMEV), a listed Private Equity asset manager, has resolved today, utilizing the authorization of the annual general meeting of 23 June 2021, to buy back up to 3,500,000 shares of the company (corresponding to up to 7% of the company’s registered share capital) through a public share tender offer against payment of an offer price in the amount of 2.00 EUR per share. The company reserves the right to extend the term of the offer. SGF has redeemed the previously held 11,052,200 treasury shares based on the resolution of the Annual General Meeting of 18 August 2022, thus reducing the total number of shares to 49,801,800.

The offer period is scheduled to commence on 7 October 2022, 00:00 (CEST) and is expected to end on 25 October 2022, 12:00 (CEST). If more than 3,500,000 shares are tendered for buyback under this public share tender offer, the declarations of acceptance will be considered proportionally, i.e. in the ratio of the 3,500,000 shares to the aggregate number of shares tendered for buyback. Furthermore, the company reserves the right to increase the number of shares to be bought back for that case. Further details on the public share tender offer are contained in the offer document, which will be published on the company’s website (www.sgt-germanpe.com) under the heading “For Shareholders” prior to the commencement of the offer period as well as subsequently in the German Federal Gazette under www.bundesanzeiger.de.

 

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 expertice to further globalize the businesses, particularly into Asia markets.  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
d.schmitt@rosenbergsc.com
+49 170 302 8833


30-Sep-2022 CET/CEST 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: info@sgt-germanpe.com
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: 1453715

 
End of Announcement EQS News Service

1453715  30-Sep-2022 CET/CEST

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Contact:
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+49 (0) 89 444 430-000

 

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