EANS-Adhoc: shaPE Capital AG
Semi-annual results per 30 June 2012
29.08.2012 – 19:16
-------------------------------------------------------------------------------- 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. -------------------------------------------------------------------------------- 29.08.2012 - Net asset value per share CHF 195.23, +10.0% since 31 December 2011. - Realization strategy on track: Since inception in September 2009 CHF 47 million returned to shareholders. - Portfolio quality and cost efficiency remain key for further execution of realization strategy. With a NAV per share increase of 10.0% and a share price increase of 12.6%, shaPE had a solid first half of the year and is on track with the execution of the realization strategy. Since inception of the realization strategy in September 2009, twelve funds were sold in secondary transactions and a total amount of CHF 47 million was returned to shareholders through share buybacks and a cash dividend out of the company's general legal reserves from capital contributions. Portfolio quality and cost efficiency remain key considerations for the further execution of the realization strategy. Patient harvesting is the preferred route for the time being and therefore the realization strategy is expected to continue over the next two to three years. The share capital reduction resolved at the shareholder meeting in May became effective in August. Today, the total share capital consists of 580'000 shares. shaPE continues its share buyback activities on the second trading line (ticker: SHPNE). According to the capital contribution principle as well as to an agreement of shaPE with the Swiss tax authorities shares sold over the second trading line are generally exempt from withholding tax and from income tax. The full semi-annual report 2012 is available on www.shape-capital.com. end of ad-hoc-announcement ================================================================================ shaPE is a SIX Swiss Exchange-listed investment company with exposure to a global private equity portfolio built over the past years. In 2009 shaPE decided to initiate a realization strategy with the ultimate goal to return the intrinsic value of the current portfolio to its shareholders. Under this realization strategy shaPE does not make any new commitments to private equity funds, but focuses on harvesting the value of the current portfolio over the coming years. shaPE is listed on the SIX Swiss Exchange under the ticker symbol "SHPN". Further inquiry note: Dr. Simon Lamprecht shaPE Capital AG Wolleraustrasse 41a 8807 Freienbach Phone: +41 58 596 12 96 Fax: +41 58 596 12 97 E-mail: info@shape-capital.com Internet: www.shape-capital.com end of announcement euro adhoc -------------------------------------------------------------------------------- issuer: shaPE Capital AG Wolleraustrasse 41a CH-8807 Freienbach phone: +41/58/596 12 96 FAX: +41/58/596 12 97 mail: info@shape-capital.com WWW: http://www.shape-capital.com sector: Financial & Business Services ISIN: CH0012885841 indexes: stockmarkets: official dealing: SIX Swiss Exchange language: English