DGAP-News: SGT German Private Equity GmbH & Co. KGaA: SGT German Private Equity redeems 11 million treasury shares

+++ Press release +++

 

SGT German Private Equity redeems 11 million treasury shares

 

Frankfurt/Main, 18 August 2022 – SGT German Private Equity GmbH & Co. KGaA, a listed Private Equity asset manager, has redeemed its 11,052,200 treasury shares by resolution of today's Annual General Meeting. The number of shares now amounts to 49,801,800. 

The free float is increased from 16.9% to 20.7% 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 expertice to further globalize the businesses, particularly into Asia markets.  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

[email protected]

+49 170 302 8833