15.03.2024 10:06:05 - dpa-AFX: EQS-Adhoc: MPC Capital increases shareholding in MPC Container Ships (english)

MPC Capital increases shareholding in MPC Container Ships

EQS-Ad-hoc: MPC Münchmeyer Petersen Capital AG / Key word(s):
Investment/Forecast
MPC Capital increases shareholding in MPC Container Ships

15-March-2024 / 10:05 CET/CEST
Correction of an inside information acc. to Article 17 MAR of the Regulation
(EU) No 596/2014, 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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Correction of an editorial mistake: In the English announcement published on
March 15, 2024 at 20:19 CET, the net price per MPCC share was mistakenly
stated as NOK 13.60. The correct price is NOK 13.64. The German version was
correct. The corrected english version reads as follows:

DISCLOSURE OF INSIDE INFORMATION ACC. TO ARTICLE 17 MAR

MPC Capital increases shareholding in MPC Container Ships

- Increase of strategic stake in leading platform for container ships
- Purchase price of around USD 1.31 per MPCC share (EPS 2023: USD 0.73)
- Positive impact on earnings expectations for financial year 2024

Hamburg, 15 March 2024 - Hamburg-based asset and investment manager MPC
Münchmeyer Petersen Capital AG ("MPC Capital", Deutsche Börse Scale, ISIN
DE000A1TNWJ4) has increased its shareholding in Oslo-listed MPC Container
Ships ASA ("MPCC", Oslo Stock Exchange, ISIN NO0010791353) from around 7% to
around 14%.

The transaction is carried out by way of increasing MPC Capital's
shareholding in MPC CSI GmbH ("MPC CSI"). MPC CSI was established in 2017 as
a joint investment vehicle for the IPO of MPCC under the leadership of MPC
Capital and MPC Münchmeyer Petersen & Co. GmbH, the founder and largest
shareholder of MPC Capital. The purchase price for the acquisition of the
shares from the selling shareholders of MPC CSI is approximately EUR 34
million and is based on a net price per MPCC share of NOK 13.64 (USD 1.31).
Following the transaction, MPC CSI will own around 17% of MPCC's shares, of
which around 14% will be held by MPC Capital.

With a fleet of 62 vessels, MPCC is one of the world's largest owners of
container ships for intraregional trades. In the 2023 financial year, it
reported operating revenues of USD 711 million and earnings per share of USD
0.73. The dividend yield in 2023 was 43%.

Regular returns from the investment are also expected for 2024 and
subsequent years. Against this background, MPC Capital is increasing its
earnings forecast for 2024 and now expects earnings before taxes to be
slightly above the already high level of EUR 19.3 million in the 2023
financial year. Previously, MPC Capital had assumed that earnings would only
be at the high level of the previous year. The forecast for consolidated
revenue remains unchanged.

Contact and disclosing person pursuant to Article 17 of MAR
MPC Capital AG
Stefan Zenker
Head of Investor Relations & Public Relations
Tel. +49 40 38022-4347
Mail: s.zenker@mpc-capital.com


End of Inside Information

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Information and Explanation of the Issuer to this announcement:

MPCC was initiated by MPC Capital and listed on the Oslo Stock Exchange in
2017. From an initial opportunistic investment strategy focused on the
strong upside potential of asset values in the market segment for smaller
container vessels, MPCC has since developed into a leading global provider
of feeder container tonnage. Today, MPCC is included in Oslo Stock
Exchange's OBX, an index of the 25 most liquid companies.

Due to its dynamic development, MPCC has steadily increased in strategic
importance for MPC Capital. MPC Capital is involved in the technical and
commercial management of the MPCC fleet and regularly participates in
acquisitions, sales and newbuilding projects. Through its investment in
MPCC, MPC Capital benefits from regular, high returns based on MPCC's
attractive dividend policy with a payout ratio of 75% of net profit.

The medium-term outlook for the market segment for smaller container ships
remains positive. On the supply side, the orderbook for new vessels in this
market segment is limited and the existing fleet is characterized by a high
average age. At the same time, demand for ship transport in intra-regional
trades is expected to be a relatively dynamic. In addition, efforts to meet
global climate targets are increasing the demand for investment in the
decarbonization of maritime infrastructure. MPCC is excellently positioned
in this market with industry-low leverage and high earnings visibility from
existing charter agreements.

MPC Capital believes it is ideally positioned to further develop its
business. In this context, MPC Capital sees attractive investment
opportunities, particularly due to the high demand for investments in
relation to the energy transition, but also due to opportunities arising
from market uncertainties and lower asset values.

This release contains forward-looking statements that are subject to certain
risks and uncertainties. Future results could differ materially from those
currently anticipated due to various risk factors and uncertainties,
including, among others, changes in business, economic and competitive
conditions, foreign exchange rate fluctuations, uncertainties in litigation
or investigative proceedings, and the availability of financing. MPC Capital
AG does not assume any responsibility to update the forward-looking
statements contained in this release.

About MPC Capital AG (www.mpc-capital.com)

MPC Capital is a global asset and investment manager for real assets in the
areas of real estate, renewables and shipping. Its range of services
includes the selection, initiation, development and structuring of
investments, through active management to divestment. With approximately 200
employees and 30 years of experience, MPC Capital offers institutional
investors access to investments in selected markets with attractive growth
and return opportunities. As a responsible company with a family background
that has been listed on the stock exchange since 2000, MPC Capital
contributes to meeting the financing needs to achieve global climate goals.


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15-March-2024 CET/CEST The EQS Distribution Services include Regulatory
Announcements, Financial/Corporate News and Press Releases.
Archive at www.eqs-news.com

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   Language:       English
   Company:        MPC Münchmeyer Petersen Capital AG
                   Palmaille 75
                   22767 Hamburg
                   Germany
   Phone:          +49 (0)40 380 22-0
   Fax:            +49 (0)40 380 22-4878
   E-mail:         kontakt@mpc-capital.com
   Internet:       www.mpc-capital.de
   ISIN:           DE000A1TNWJ4
   WKN:            A1TNWJ
   Indices:        Scale 30
   Listed:         Regulated Unofficial Market in Berlin, Dusseldorf,
                   Frankfurt (Scale), Hamburg, Hanover, Munich, Stuttgart,
                   Tradegate Exchange
   EQS News ID:    1859549




End of Announcement EQS News Service
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1859549 15-March-2024 CET/CEST
Name WKN Börse Kurs Datum/Zeit Diff. Diff. % Geld Brief Erster Schluss
MPC MUENCH.PET.CAP. A1TNWJ Frankfurt 4,120 06.06.24 08:00:35 +0,020 +0,49% 0,000 0,000 4,120 4,120

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