24.05.2023 16:20:16

EQS-News: SGT German Private Equity GmbH & Co. KGaA: SGT German Private Equity redeems 3.5 million treasury shares

EQS-News: SGT German Private Equity GmbH & Co. KGaA / Key word(s): Corporate Action
SGT German Private Equity GmbH & Co. KGaA: SGT German Private Equity redeems 3.5 million treasury shares

24.05.2023 / 16:20 CET/CEST
The issuer is solely responsible for the content of this announcement.


+++ Press release +++

SGT German Private Equity redeems 3.5 million treasury shares
 

Frankfurt/Main, 24 May 2022 SGT German Private Equity GmbH & Co. KGaA, a listed Private Equity asset manager, has redeemed its 3,500,000 treasury shares by management and supervisory board resolutions. The number of shares now amounts to 46,301,800. 

The free float is increased from 19.0% to 20.6% by this measure.
 

About SGT German Private Equity

SGT German Private Equity is a Germany-based listed private equity asset manager with registered office in Frankfurt/Main. Its 100% subsidiary SGT Capital Pte. Ltd. is a global alternative investment and private equity asset manager headquartered in Singapore.

SGT Capital Fund II, with a geographical focus on Europe and North America (fund lifetime ten years), invests in market leaders and utilizes its proprietary expertise to further globalize the businesses, particularly into Asia markets. SGT seeks to enhance the international capabilities of the businesses it acquires and increasing their global economies of scale.  SGT has targeted fundraising volume of 2 to 3 billion USD. The management team has many years of senior experience at renowned addresses global private equity houses, management consultancies and investment banks. SGT Capital currently manages its issued Private Equity Funds, and a joint venture with an Asian financial services provider, in a total volume of more than 800 million USD.

From its origin as a leading German venture capital provider under the German Startups Group brand SGT German Private Equity also holds a heritage portfolio of minority stakes in some promising German Startups.

 

Investor Relations Contact
Rosenberg Strategic Communications

Dirk Schmitt
d.schmitt@rosenbergsc.com
+49 170 302 8833



24.05.2023 CET/CEST Dissemination of a Corporate News, transmitted by EQS News - a service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.

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Language: English
Company: SGT German Private Equity GmbH & Co. KGaA
Senckenberganlage 21
60325 Frankfurt/Main
Germany
Phone: 069-348690520
Fax: 069-348690529
E-mail: info@sgt-germanpe.com
Internet: www.sgt-germanpe.com
ISIN: DE000A1MMEV4
WKN: A1MMEV
Indices: Scale 30
Listed: Regulated Unofficial Market in Berlin, Dusseldorf, Frankfurt (Scale), Hamburg, Tradegate Exchange
EQS News ID: 1641149

 
End of News EQS News Service

1641149  24.05.2023 CET/CEST

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