Heliad Equity Partners GmbH & Co. KGaA / Miscellaneous
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++ Heliad portfolio company SHB AG:
Successful listing in Entry Standard
++ Substantial rise in intrinsic value (NAV) of Heliad
SHB AG, in which the publicly listed private equity investment company
Heliad will hold a shareholding of 29.4 percent following the capital
increase, today witnessed the successful debut of its shares in the Entry
Standard. The share opened trading at a price of Euro 8.50, subsequently
rising to Euro 9.30 and thus exceeding the issue price by 24 percent.
The market capitalisation of SHB AG thus amounts to approx. Euro 89
million. Given that SHB has to date been valued within Heliad’s
portfolio at cost of acquisition, the increase in the company’s value due
to the listing will now lead to a considerable rise in the value of the
shareholding and of NAV at Heliad.
The capital increase completed a few days ago saw the placement of a total
of 683,333 new SHB shares with institutional investors at Euro 7.50 each
within the framework of a private placement. The resultant inflow of funds
for SHB amounted to more than Euro 5 million. Following the registration of
the capital increase, the total number of SHB shares will amount to 9.6
million. The existing shareholders in SHB AG, including Heliad, have
committed themselves to a long-term lockup period of between 12 and 60
Together with its subsidiary SHB Innovative Fondskonzepte AG, SHB AG is the
market leader for savings plans based on closed German real estate funds.
SHB’s current 'Properties in Fürstenfeldbruck and Munich Fund' has been
certified by the Rhineland Technical Supervisory Authority (TÜV) with the
grade 'very good'. SHB AG has an experienced management team with a joint
placement history of more than 25 years in the field of closed real estate
funds. Since its inception in 2001, the SHB Group has achieved consistently
profitable sales and earnings growth at average rates of more than 30
percent per annum. The funds newly acquired from the capital increase will
serve to further accelerate the company’s growth. The listing in the Entry
Standard represents the company’s first major step on the capital market.
The successful listing of SHB provides further proof of Heliad’s ability to
invest in profitable, high-growth companies at an early stage and at
attractive prices and to further develop such companies in cooperation with
++ 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
Heliad Equity Partners GmbH & Co. KGaA
Chief Financial Officer
Tel.: +49 (0) 69 71 91 59 65 28
18.10.2007 Financial News transmitted by DGAP
Issuer: Heliad Equity Partners GmbH & Co. KGaA
60322 Frankfurt am Main
Phone: +49 (0)69 719 15 965 0
Fax: +49(0)69 719 15 965 11
Listed: Geregelter Markt in Frankfurt (Prime Standard); Freiverkehr
in Berlin, München, Stuttgart
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