31.03.2015 18:39:46
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EQS-Adhoc: shaPE Capital AG: Sale of seven partnership interests
EQS Group-Ad-hoc: shaPE Capital AG / Key word(s): Disposal shaPE Capital AG: Sale of seven partnership interests
2015-03-31 / 18:09 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, 31 March 2015
shaPE today announced the sale of the following seven partnership interests: Bain Capital Fund IX, Bain Capital Fund VIII-E, Exponent Private Equity Partners, Exponent Private Equity Partners II, Sovereign Capital II, Sun Capital V, The Lightyear Fund II. While five funds have closed and proceeds have been received, two funds (Bain Capital Fund VIII-E and Bain Capital Fund IX) will close per end of June. The sale represents a further significant milestone within shaPE's realisation strategy. Also since the transaction was done at a small discount to the latest available valuations the impact on the net asset value remains moderate. The valuation of investments in the annual report 2014 reflects the sales price of the sold funds.
The annual report 2014 will be published on 7 April 2015. End of ad hoc announcement
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2015-03-31 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
End of News EQS Group News-Service =-------------------------------------------------------------------- 340313 2015-03-31 (END) Dow Jones Newswires
March 31, 2015 12:09 ET (16:09 GMT)- - 12 09 PM EDT 03-31-15
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