DGAP-News

MPC Capital continues growth path in third quarter

DGAP-News: MPC Münchmeyer Petersen Capital AG / Key word(s): 9-month figures
MPC Capital continues growth path in third quarter

23.11.2016 / 08:59
The issuer is solely responsible for the content of this announcement.

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MPC Capital continues growth path in third quarter

- EBT for the first nine months of 2016 up 13 % at EUR 11.2 million
- Transaction fees pick up in second half of 2016
- Full-year forecast for 2016 confirmed

Hamburg, 23 November2016 - MPC Capital AG, an asset and investment manager
specialising in real assets, continues its growth path in the third quarter
of the 2016 financial year. Revenue for the third quarter of 2016 reached
EUR 14.5 million, compared to EUR 11.2 million for the third quarter of
2015 (+29 %). Earnings before tax (EBT) came to EUR 3.8 million, up from
EUR 2.0 million in the prior-year quarter.

After the first nine months 2016, revenue was EUR 37.4 million (9M 2015:
EUR 36.4 million). Management fees increased by 18 % to EUR 28.3 million,
while transaction fees of EUR 9.0 million fell short of the figure for the
first nine months of the previous year (EUR 11.9 million) despite the high
level of transactions in the third quarter. However further transaction
fees running comfortably into seven digits are anticipated for the fourth
quarter. EBT for the first nine months of 2016 was increased to EUR 11.2
million (9M 2015: EUR 9.9 million).

Thanks to the cash capital increase in September, MPC Capital AG raised EUR
36.5 million in fresh liquidity, which is available for financing future
growth - e.g. through co-investments. The equity ratio rose to 69 % as at
30 September 2016.

Expansion of strategies in Real Estate sector

Early September the Dutch subsidiary of MPC Capital AG, Cairn Real Estate
("Cairn"), further expanded its portfolio. With the realization of two
high-volume projects in the Dutch and German commercial real estate
markets, Cairn is increasing its assets under management by almost EUR 100
million. MPC Capital co-invested in both transactions.

In the micro-living segment, the first Staytoo apartments in Nuremberg and
Bonn opened its doors in time for the start of the winter semester. In
parallel, MPC Capital is working on rolling out its micro-living strategy
in other European countries. Initial discussions with regional partners in
southern Europe have already been initiated.

High transaction fees in Shipping segment

In the Shipping segment MPC Maritime Investments GmbH, a subsidiary of MPC