DGAP-News: German Startups Group Berlin GmbH & Co. KGaA

DGAP-News: German Startups Group Berlin GmbH & Co. KGaA completes cash capital increase

German Startups Group Berlin GmbH & Co. KGaA / Key word(s): Capital Increase

22.03.2016 21:13

Dissemination of a Corporate News, transmitted by DGAP - a service of EQS Group AG. The issuer / publisher is solely responsible for the content of this announcement.

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German Startups Group Berlin GmbH & Co. KGaA completes cash capital increase

Berlin, 22 March 2016 - German Startups Group Berlin GmbH & Co. KGaA, the second most active venture capital investor in Germany in the period since 2012 (CB Insights, 2015), completes a cash capital increase under exclusion of subscription rights and issues 268,000 new shares. The capital increase has already been placed privately and in full. The targeted and realised issuing proceeds in the amount of 750k euros will be used to exercise an attractive investment opportunity currently present.

Due to ongoing capital increases by way of contribution in kind of German Startups Group, the share capital is increased by 869,650 euros to 11,984,400 euros after the registration of all transactions. German Startups Group, as previously announced, acquires additional stakes in a total of four portfolio companies and a new addition, wholly or partially against newly issued shares at issue prices of 3.00 euros and 3.10 euros respectively, therefore an equivalent value of 1,828k euros.

The new shares from the cash capital increase and by way of contribution in kind will be included in trading in the Entry Standard once registered in the commercial register. They are entitled to participate in profits starting from 1 January 2016.

Investor relations contact cometis AG Ulrich Wiehle / Mariana Kuhn Tel: +49 611 20585561 Mail: kuhn@cometis.de

About German Startups Group Berlin GmbH & Co. KGaA

German Startups Group is a listed investment company based in Berlin that focuses on young, fast-growing companies, so-called startups. The company acquires majority and minority shareholdings mainly by providing venture capital. The portfolio companies that German Startups Group holds also stand to benefit from German Startups Group's expertise, experience and network with respect to strategy development, financing rounds, restructuring necessities, M&A transactions or selling the company, including a possible IPO. According to its own assessment, German Startups Group provides startups with so-called "smart money" by acquiring a shareholding. Its focus is on companies whose products or business models represent a disruptive innovation, allow for a high degree of scalability to be expected, and in which it has a great deal of trust in the entrepreneurial abilities of the founders to whom it feels that it obtains early access to due to its close relationships to relevant players in the startup scene. The geographical focus is on the German-speaking region. Since it commenced with operations in 2012, German Startups Group has in its opinion built up a diversified portfolio of investments in young companies and become the second most active venture capital investor in Germany since 2012 (CB Insights, Germany Venture Capital Overview). 23 of the 43 minority stakeholdings in operationally active companies are of particular significance to German Startups Group and together comprise 90% of the total value of all 43 active minority stakeholdings. The ten core holdings make up 63% of the value of all active minority stakeholdings. According to German Startups Group, its investment portfolio reflects a cross-section of extremely promising German startups of various maturity stages ("Seed," "Early" and "Growth Stage," by German Startups Group's own definition) and includes some of the most successful and best known German startups.

More information is available on our website at www.german-startups.com.

22.03.2016 The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases. Media archive at www.dgap-medientreff.de and www.dgap.de

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