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German Startups Group Berlin GmbH & Co. KGaA: German Startups Group records multiple positive developments in shareholding portfolio in the first half of 2016

DGAP-News: German Startups Group Berlin GmbH & Co. KGaA / Key word(s):
Miscellaneous
German Startups Group Berlin GmbH & Co. KGaA: German Startups Group records
multiple positive developments in shareholding portfolio in the first half
of 2016

28.06.2016 / 10:10
The issuer is solely responsible for the content of this announcement.

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+++ Press Release +++
for immediate publication

German Startups Group records multiple positive developments in
shareholding portfolio in the first half of 2016

- Auctionata merges with Paddle8 to become global market leader for
online auction houses in the art, collectors' items, and vintage luxury
goods market
- ePetWorld merges with pets Premium
- Majority holding Exozet with positive forecast for first half of 2016
- SoundCloud receives 70 million US Dollars from Twitter and expands
monetisation
- Delivery Hero achieves 91% revenue increase in first quarter of 2016
compared to the same period in previous year
- Fiagon obtains FDA approval for the sale of multiple products in the
USA
- Juniqe receives 14 million Euros of fresh capital and achieves a
significant valuation increase
- Simplesurance with a significant valuation increase through investment
from Allianz
- eWings, Simplesurance, Dalia Research, and Savedo receive awards

Berlin, 28 June 2016 - German Startups Group, the second most active
venture capital investor in Germany in the period since 2012 (CB Insights,
2015), sees its strategy and investment approach strengthened further over
the past few weeks due to the numerous positive developments in its current
shareholdings. Christoph Gerlinger, CEO of German Startups Group: "The good
newsflow from our shareholdings continues. This shows that we have made the
right choice with our investment focus on startups with Internet-based,
highly scalable business models, and disruptive innovations. Aside from our
majority shareholding Exozet, with Delivery Hero, Auctionata, or
Simplesurance, some of our other 25 minority shareholdings that are of
significance to German Startups Group have successfully continued to
develop their business. Additionally, we can see that shareholdings in the
early stage are developing well operationally. We are convinced that the
positive developments will continue and that our portfolio will produce
considerable double-digit gross returns in the future."

In the first three and a half years of operation, the period between July
2012 and December 2015, the company achieved a gross return of 29,6% p.a.
on the average invested capital through its portfolio. The company has