Brief: German Startups Group sells stakeholding, realises capital gains

German Tech Holding GmbH & Co. KGaA

14/06/2017 17:42

June 15 (Reuters) - GERMAN STARTUPS GROUP BERLIN GMBH & CO KGAA  GSJGn.DE : 
    * SAID ON WEDNESDAY SELLS STAKEHOLDING AND REALISES CAPITAL GAINS AMOUNTING TO ROUGHLY 10% 
OF ITS MARKET CAPITALISATION 
    * GERMAN STARTUPS GROUP REALISES, ON THE SUSPENDING CONDITION OF ADMINISTRATIVE APPROVAL, 
PROCEEDS OF 3.3 MILLION EUROS THROUGH THE SALE OF ITS STAKE IN A HOLDING OF PARTICULAR 
SIGNIFICANCE TO THE COMPANY 
    * GERMAN STARTUPS GROUP THEREBY REALISES CAPITAL GAINS VERSUS BOOK VALUE OF APPROXIMATELY 
2.4 MILLION EUROS OR 0.20 EUROS PER SHARE (IFRS) 
 
Source text for Eikon:  ID:nEQ7j6lqXa  
Further company coverage:  GSJGn.DE  
 
 (Gdynia Newsroom) 
 ((gdynia.newsroom@thomsonreuters.com; +48 58 772 0920;))