Heliad portfolio company SHB AG: Successful listing in Entry Standard

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 months.

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 their management.

++ 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.

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

18.10.2007  Financial News transmitted by DGAP

Language:     English
Issuer: Heliad Equity Partners GmbH & Co. KGaA               Grüneburgweg 18
              60322 Frankfurt am Main
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
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