Signing of a binding merger for the sale of a block of shares in SMT Scharf
AG

EQS-Media / 01.03.2024 / 12:42 CET/CEST

Shareholder Value Beteiligungen AG (ISIN: DE000A168205) and SMT Scharf AG
(ISIN: DE000A3DRAE2) announced on 1 March 2024 that some of the
shareholders, including Shareholder Value Beteiligungen AG, will transfer
their stake in the amount of approx. 52.66% of the share capital of SMT
Scharf AG to Yankuang Energy Group Company Limited with its registered
office in Shandong Province, China at a price of EUR 11.10 per share.
At the time of signing of the transaction, Shareholder Value Beteiligungen
AG owns more than one-fifth of the share capital of SMT Scharf. The subject
of the transaction is the vast majority of the above-mentioned position of
Shareholder Value Beteiligungen AG. 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.
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 of the competent Chinese authorities.
Yankuang Energy Group Company Limited regards mining, high-end chemicals and
new materials, new energies, high-end equipment manufacturing, and
intelligent logistics as key industries of the future. It is a major Chinese
energy corporation with four major stock exchanges in China and beyond
(Shanghai, Hong Kong, New York, Australia).
In addition, SMT Scharf AG announces that it intends to apply for the
admission of the shares of SMT Scharf AG to the Regulated Market of the
Frankfurt Stock Exchange and to the sub-segment of the Regulated Market with
further post-admission obligations (Prime Standard) after completion of the
transaction.
To the knowledge of Shareholder Value Beteiligungen AG, the transaction
itself does not give rise to any obligation to submit a takeover offer to
the free float of SMT Scharf AG.

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


End of Media Release

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Issuer: Shareholder Value Beteiligungen AG
Key word(s): Finance

01.03.2024 CET/CEST Dissemination of a Press Release, 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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Archive at www.eqs-news.com

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   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:    1849741

End of News EQS Media
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1849741 01.03.2024 CET/CEST