Mountain Alliance sells entire stake in AlphaPet and realises further profit

EQS-News: Mountain Alliance AG / Key word(s): Disposal
Mountain Alliance sells entire stake in AlphaPet and realises further profit

24.05.2024 / 09:00 CET/CEST
The issuer is solely responsible for the content of this announcement.

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Mountain Alliance sells entire stake in AlphaPet and realizes further profit

Munich, 24 May 2024 - Mountain Alliance AG (MA, ISIN DE000A12UK08) has
reached an agreement to sell its remaining stake in AlphaPet Ventures GmbH
via its wholly-owned subsidiary Mountain Technology AG. The transaction is
expected to be finalized shortly.

Mountain Alliance AG has been an investor in AlphaPet Ventures GmbH since
2017 and still held a stake of just under 1.2%. The specialist for premium
pet supplies has an extensive brand portfolio in the pet market. These
include the brands Arden Grange, Wolfsblut, Wildes Land, Müllers Naturhof,
PRIMUM, and four other premium pet food brands. The sale of the remaining
stake after two successful partial exits will generate gross proceeds of
around EUR 1.8 million for Mountain Alliance AG.

Daniel Wild, Supervisory Board member of Mountain Alliance AG, comments: "We
have successfully supported AlphaPet as an investor for many years and are
proud to have played a part in writing this growth story. At the same time,
we are delighted with the profit realized from our investment. AlphaPet's
performance over the past few years is a prime example of the extraordinary
value creation in the venture capital segment. We expect that one or two
more profitable exits will follow this year."

About Mountain Alliance AG:
Mountain Alliance AG (MA) (ISIN: DE000A12UK08) is an investment company
whose shares are listed in the SME segment m:access of the Munich Stock
Exchange and in the Basic Board of the Frankfurt Stock Exchange. As a lean,
transparent, and experienced investor with many years of know-how and an
excellent network, the company invests in innovative technology companies.
The aim is to invest at an early stage in companies and business models that
are actively shaping the future technology trends. The company gives
shareholders easy access to a diversified portfolio of technology-oriented
hidden champions via the stock exchange.

Contact:
Mountain Alliance AG
Dr Hans Ulrich Tetzner
Management Board
Theresienstr. 40
80333 Munich
phone: +49 89 2314141 00
e-mail: tetzner@mountain-alliance.de
www.mountain-alliance.de

CROSS ALLIANCE communication GmbH
Susan Hoffmeister
Investor Relations
Bahnhofstr. 98
82166 Gräfelfing/Munich
phone: +49 89 1250903-30
e-mail: sh@crossalliance.de
www.crossalliance.de


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24.05.2024 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:        Mountain Alliance AG
                   Theresienstraße 40
                   80333 München
                   Germany
   Phone:          +49 89 231 41 41 00
   Fax:            +49 89 231 41 41 11
   E-mail:         danner@mountain-alliance.de
   Internet:       www.mountain-alliance.de
   ISIN:           DE000A12UK08
   WKN:            A12UK0
   Listed:         Regulated Unofficial Market in Berlin, Dusseldorf,
                   Frankfurt (Basic Board), Munich (m:access), Stuttgart,
                   Tradegate Exchange
   EQS News ID:    1910095

End of News EQS News Service
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1910095 24.05.2024 CET/CEST