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shaPE Capital AG

EANS-Adhoc: Reshaping of shaPE Capital AG - Disposal of partnership interests, update on share buyback program and temporary fee reduction

  ad-hoc disclosure transmitted by euro adhoc with the aim of a Europe-wide
  distribution. The issuer is solely responsible for the content of this
  announcement.
08.04.2009
Pfaeffikon SZ, 8 April 2009
Disposal of limited partnership interests
shaPE Capital AG (the "Company") announced today that it has entered 
into a final agreement to sell 15 partnership interests, managed by 
nine different General Partners. The funds sold represent roughly 25 
percent of the existing investments. Through the disposal the Company
generates a substantial cash position and reduces the open 
commitments. In addition, the transaction results in a rebalancing of
the portfolio in line with the previously communicated investment 
strategy: The remaining core portfolio will have a further reduced 
exposure to the large buyout and to the venture capital segment 
whereas the exposure to small and medium sized buyouts as well as to 
the "Rest of World" segment will increase.
Update share buyback program
Under the share buyback program the Company recently reported 
holdings of own shares of 5.745 percent. The generated cash and 
reduced open commitment will allow the Company to continue with 
buying back further shares. The Board of Directors of the Company 
intends to propose the destruction of these shares on the occasion of
the upcoming annual shareholders´ meeting on 19 May 2009.
Temporary fee reduction
In an effort to demonstrate its continuous support of the Company in 
these turbulent times, the Investment Manager of shaPE, Horizon21 
Private Equity (Cayman) Ltd., has offered to waive half of the 
management fees earned in the financial year 2009.
end of ad-hoc-announcement ==========================================
====================================== shaPE Capital AG (“shaPE”) is 
an investment company domiciled in Pfaeffikon SZ that follows the 
principle of a fund of funds and provides access to private equity 
investments. Diversified by regions, investment stages and vintage 
years, shaPE invests in globally selected private equity companies. 
shaPE was founded in 2001 and is listed on the SIX Swiss Exchange 
under the ticker symbol “SHPN”.
end of announcement                               euro adhoc

Further inquiry note:

Dr. Simon Lamprecht
shaPE Capital AG
Poststrasse 4
8808 Pfäffikon SZ
Tel: +41/55/415'28'20
E-Mail: simon.lamprecht@horizon21.com
Internet: www.shape-capital.com

Branche: Financial & Business Services
ISIN: CH0012885841
WKN: 765355
Börsen: SWX Swiss Exchange / official dealing

Plus de actualités: shaPE Capital AG
Plus de actualités: shaPE Capital AG