01.03.2024 10:33:09 - dpa-AFX: EQS-Adhoc: Shareholder Value Beteiligungen AG: Signing of a binding agreement for the sale of a block of shares in SMT Scharf AG (english)

Shareholder Value Beteiligungen AG: Signing of a binding agreement for the
sale of a block of shares in SMT Scharf AG

EQS-Ad-hoc: Shareholder Value Beteiligungen AG / Key word(s): Contract
Shareholder Value Beteiligungen AG: Signing of a binding agreement for the
sale of a block of shares in SMT Scharf AG

01-March-2024 / 10:32 CET/CEST
Disclosure 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.

---------------------------------------------------------------------------

Shareholder Value Beteiligungen AG (ISIN: DE000A168205) announces that,
together with other shareholders, it has entered into a binding agreement to
sell a stake approximately 52.66% in total of the share capital of SMT
Scharf AG to Yankuang Energy Group Company Limited, based in Shandong
Province, China, at a price of EUR 11.10 per share. This price per share is
still subject to a fixed adjustment mechanism depending on certain variables
until the closing of the transaction, which may lead to a deduction of the
price per share.
Upon conclusion of the agreement, SMT Scharf AG's position represents a
significant component of Shareholder Value Beteiligungen AG's portfolio.
According to the Management Board's current assessment, once the transaction
has been completed and assuming normal business performance up to that
point, this is expected to make a positive contribution to increasing the
intrinsic value of the company compared to the last reporting date.
In particular, the closing of the agreement is still subject to the
occurrence of customary closing conditions, in particular the conclusion of
investment control proceedings in Germany and government regulatory
approvals in other jurisdictions of subsidiaries of SMT Scharf AG as well as
the approval by the competent Chinese authorities.
Yankuang Energy Group Company Limited takes mining, high-end chemicals and
new materials, new energy, high-end equipment manufacturing, and intelligent
logistics as pillar industries. It is a mega-sized energy enterprise in
China that enjoys four major listing platforms in China and beyond
(Shanghai, Hong Kong, New York, Australia).


Frank Fischer
Managing Director
Shareholder Value Beteiligungen AG
Neue Mainzer Str. 1
60311 Frankfurt
Tel: 069 6698300
Email: ir@shareholdervalue.de


End of Inside Information

---------------------------------------------------------------------------

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

---------------------------------------------------------------------------

   Language:       English
   Company:        Shareholder Value Beteiligungen AG
                   Neue Mainzer Straße 1
                   60311 Frankfurt
                   Germany
   Phone:          +49 (0)69-6698300
   Fax:            +49 (0)69- 6698-3016
   E-mail:         petra.sautter@shareholdervalue.de
   Internet:       www.svb-ag.de
   ISIN:           DE000A168205
   WKN:            A16820
   Listed:         Regulated Unofficial Market in Berlin, Dusseldorf,
                   Frankfurt (Basic Board), Stuttgart, Tradegate Exchange
   EQS News ID:    1849607




End of Announcement EQS News Service
---------------------------------------------------------------------------

1849607 01-March-2024 CET/CEST
Name WKN Börse Kurs Datum/Zeit Diff. Diff. % Geld Brief Erster Schluss
SHAREHOLD.VAL.BET.NA O.N. A16820 Xetra 82,000 29.05.24 17:36:17 -1,500 -1,80% 80,500 83,000 82,500 82,000

© 2000-2024 DZ BANK AG. Bitte beachten Sie die Nutzungsbedingungen | Impressum
2024 Infront Financial Technology GmbH