Heliad Equity Partners GmbH & Co. KGaA / Miscellaneous
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++ Heliad shareholding SHB executes capital increase and plans stock
market listing in the near future
++ Substantial value growth expected for Heliad portfolio
SHB AG, Oberhaching, in which the publicly listed private equity investment
company Heliad holds a 31.6% stake, is currently executing a capital
increase with select institutional investors within the framework of a
private placement. This is planned to be followed directly by a stock
market listing in the Entry Standard of the German Stock Exchange. The
company valuation for the private placement (PP) amounts to Euro 67 million
and is thus more than 50% higher than the entry valuation of Heliad’s
shareholding.
Assuming all other factors remain equal, at the next calculation of
Heliad’s inherent value (NAV), this PP valuation will result in an increase
in NAV of around Euro 8 million. This is equivalent to an increase in the
NAV of almost 10% per Heliad share.
Together with its subsidiary SHB Innovative Fondskonzepte AG, SHB is the
market leader for savings plans based on closed funds in Germany. The
company focuses in particular on the 'real estate' asset class, in which it
has placed equity of more than Euro 700 million and a fund volume of
approximately Euro 1.5 billion since its inception in 2001. Since its
inception, SHB has shown consistently profitable sales and earnings growth
of more than 30% per year. This growth is expected to accelerate further
following the capital increase.
Ralf Flore, CEO of Heliad, is extremely satisfied with the development of
the SHB shareholding. 'This transaction, which at the same time also marked
the largest single investment in Heliad’s history, represents a further
important milestone and underlines our ongoing ability to invest in superb
companies with strong entrepreneurial teams at favourable valuations and to
refine such investments post-transaction.'
++ About Heliad
Heliad is a publicly listed investment company that focuses on companies in
predominantly German-speaking countries that are undergoing a strong growth
phase. Heliad invests into established, owner-run business models with
sales of between 10 and 100 million Euro.
With this strategy Heliad has occupied a highly attractive niche between
Venture Capital and large Buyouts. With around 3,750 employees, the current
total of 14 companies within Heliad’s portfolio generate combined sales of
more than Euro 370 million.
Further information about the company can be found at
www.heliad.de.
Contact:
Heliad Equity Partners GmbH & Co. KGaA
Alexander Mitsch
Chief Financial Officer
Tel.: +49 (0) 69 71 91 59 65 28
E-Mail: alexander.mitsch@heliad.de
12.10.2007 Financial News transmitted by DGAP
Language: English
Issuer: Heliad Equity Partners GmbH & Co. KGaA
Grüneburgweg 18
60322 Frankfurt am Main
Deutschland
Phone: +49 (0)69 719 15 965 0
Fax: +49(0)69 719 15 965 11
E-mail: info@heliad.de
Internet: www.heliad.de
ISIN: DE0006047293
WKN: 604729
Listed: Geregelter Markt in Frankfurt (Prime Standard); Freiverkehr
in Berlin, München, Stuttgart
End of News DGAP News-Service