EQS-Adhoc: shaPE Capital AG: extraordinary shareholder meeting to resolve on voluntary liquidation

EQS Group-Ad-hoc: shaPE Capital AG / Key word(s): AGM/EGM shaPE Capital AG: extraordinary shareholder meeting to resolve on voluntary liquidation

2015-06-25 / 07:00 Release of an ad hoc announcement pursuant to Art. 53 KR. The issuer is solely responsible for the content of this announcement.

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Freienbach, 25 June 2015

The board of directors of shaPE Capital AG ("shaPE", the "Company") has decided to invite the shareholders to an extraordinary shareholders meeting to be held on 16 July 2015 and to propose the voluntary liquidation of the Company. Upon approval of this proposal, the board of directors will seek to delist the Company from the SIX Swiss Exchange as of 27 July 2015 and as of then enable an OTC trading via the OTC-X platform of BEKB (www.otc-x.ch). The invitation to the extraordinary shareholder meeting with the particular agenda items has been published today in the Swiss Official Gazette of Commerce and is available on the Company's website www.shape-capital.com.

With shaPE entering the last phase of the realisation strategy, the board of directors is of the opinion that the proposed route is the most feasible and cost-efficient and allows for an orderly planning and execution of the final few tasks. The board of directors proposes to elect Dr Beat Bühlmann as the liquidator. Beat Bühlmann has been acting as the chairman of the Company since 2006 and as a shareholder of 2.4% of the outstanding shares of the Company he is fully aligned with the interest of fellow shareholders. The existing board members Prof Dr Christoph Lengwiler and Juerg W. Sturzenegger will remain on the board of directors up to the final liquidation of the Company.

Following the approval by the shareholders to voluntarily liquidate the Company, the delisting of the shares from the SIX Swiss Exchange will be sought with the final trading day being 24 July 2015. As of 27 July 2015, a trading of the shares will be enabled via the OTC-X platform of BEKB.

As of today, the portfolio of shaPE consists of 10 fund interests with an aggregate fair value of CHF 19.5 million as per Q1 reporting. As of today the cash balance stands at around CHF 9.6 million. Accounting for the cash inflow related to the disposal of the two Bain Capital fund interests in early July 2015 as well as for the distribution of CHF 20 per share related to the resolved nominal value reduction scheduled for 17 July 2015 (ex-date 15 July), the cash balance will by the end of July 2015 be reduced to approximately CHF 2.9 million. shaPE continues to liquidate the remaining fund positions. As in the past, shaPE however is not seeking an exit at any price, but rather aims to optimise the sales proceeds over time. Depending on market conditions and depending on developments within the underlying funds, it is expected that these funds will be disposed of over the coming few quarters. Since the initiation of the realisation strategy in the fall of 2009, shaPE has persistently focused on the efficient execution of this strategy. Over that time period outstanding shares have been reduced by more than 50% through repetitive share buybacks where shares were bought at a discount to the stated NAV per share thereby increasing the valuation of the remaining outstanding shares. In addition, including the distribution of CHF 20 per share in July 2015, a total of CHF 158 has by now been returned to shareholders.

Following the delisting and assumed OTC trading on OTC-X, shaPE will continue to communicate through its website www.shape-capital.com. As in the past, shaPE will publish quarterly newsletters with an updated NAV calculation within the first few weeks of every quarter.

End of ad hoc announcement

+++++ Additional features:

Document: http://n.equitystory.com/c/fncls.ssp?u=MXPMKMNSFF Document title: shaPE: eo SM 16 July 2015 invitation & agenda

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2015-06-25 News transmitted by EQS Schweiz AG. www.eqs.com - news archive: http://switzerland.eqs.com/de/News

The issuer is responsible for the contents of the release.

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Information and Explaination of the Issuer to this News:

shaPE is a SIX Swiss Exchange-listed investment company with exposure to a global private equity portfolio. In 2009, shaPE decided to initiate a realization strategy with the ultimate goal to return the intrinsic value of the current portfolio to its shareholders. Under this realization strategy shaPE does not make any new commitments to private equity funds, but focuses on harvesting the value of the current portfolio over the coming years. shaPE is listed on the SIX Swiss Exchange under the ticker symbol 'SHPN'.

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Language: English Company: shaPE Capital AG Wolleraustrasse 41a 8807 Freienbach Switzerland Phone: +41 58 596 12 96 Fax: +41 58 596 12 97 E-mail: info@shape-capital.com Internet: www.shape-capital.com ISIN: CH0012885841 Valor: 765355 Listed: Foreign Exchange(s) SIX

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   June 25, 2015 01:00 ET (05:00 GMT)- - 01 00 AM EDT 06-25-15