+++ Press release +++
SGT German Private Equity redeems 3.5 million treasury shares
Frankfurt/Main, 24 May 2023 – SGT German Private Equity (SGF), a listed Private Equity asset manager, has redeemed its 3,500,000 treasury shares by management and supervisory board resolutions. The number of shares now amounts to 46,301,800.
The free float is increased from 19.0% to 20.6% by this measure.
Investor Relations Contact
Rosenberg Strategic Communications
Dirk Schmitt
d.schmitt@rosenbergsc.com
+49 170 302 8833
About SGT German Private Equity
SGT German Private Equity is a Germany-based listed private equity asset manager with registered office in Frankfurt/Main. Its 100% subsidiary SGT Capital Pte. Ltd. is a global alternative investment and private equity asset manager headquartered in Singapore.
SGT Capital Fund II, with a geographical focus on Europe and North America (fund lifetime ten years), invests in market leaders and utilizes its proprietary expertise to further globalize the businesses, particularly into Asia markets. SGT seeks to enhance the international capabilities of the businesses it acquires and increasing their global economies of scale. SGT has targeted fundraising volume of 2 to 3 billion USD. The management team has many years of senior experience at renowned addresses – global private equity houses, management consultancies and investment banks. SGT Capital currently manages its issued Private Equity Funds, and a joint venture with an Asian financial services provider, in a total volume of more than 800 million USD.
From its origin as a leading German venture capital provider under the German Startups Group brand SGT German Private Equity also holds a heritage portfolio of minority stakes in some promising German Startups.
More information at https://sgt-germanpe.com and https://www.sgt-capital.com/