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    DGAP-Adhoc  108  0 Kommentare MPC Capital exits Dutch real estate market and sells 100% of its shares in CAIRN Real Estate BV at a significant book profit

    DGAP-Ad-hoc: MPC Münchmeyer Petersen Capital AG / Key word(s): Disposal/Investment
    MPC Capital exits Dutch real estate market and sells 100% of its shares in CAIRN Real Estate BV at a significant book profit

    11-Nov-2021 / 07:55 CET/CEST
    Disclosure of an inside information acc. to Article 17 MAR of the Regulation (EU) No 596/2014, transmitted by DGAP - a service of EQS Group AG.
    The issuer is solely responsible for the content of this announcement.


    DISCLOSURE OF INSIDE INFORMATION ACC. TO ARTICLE 17 MAR

    MPC Capital exits Dutch real estate market and sells 100% of its shares in CAIRN Real Estate BV at a significant book profit

    Hamburg, 11 November 2021 -- The Hamburg-based investment manager and co-investor MPC Mücnhmeyer Petersen Capital AG ("MPC Capital" or "Company") (Deutsche Börse, Scale, ISIN DE000A1TNWJ4) is selling its Dutch real estate activities to London-based Schroder Private Assets Holdings Ltd., a subsidiary of the Schroders Group ("Schroders").

    The transaction comprises all shares in Cairn Real Estate BV, a wholly-owned subsidiary of MPC Capital. The net purchase price amounts to approx. EUR 30 million.

    Closing of the transaction is expected for Q1 2022 and is subject to approval by the relevant regulatory authorities and other customary conditions.

    The sale of Cairn is expected to contribute with a book profit in the low double-digit million euro range to the earnings before taxes (EBT) of MPC Capital Group for the financial year 2022. MPC Capital will provide a financial outlook for 2022 in Q1 2022. The financial outlook for 2021 remains unchanged (lower revenue level and a substantial improvement in EBT compared to the previous year).

    Contact and disclosing person pursuant to Article 17 of MAR
    MPC Capital AG
    Stefan Zenker
    Head of Investor Relations & Public Relations
    Tel. +49 40 38022-4347
    Mail: s.zenker@mpc-capital.com

    This communication contains future-related statements that are to some degree subject to risks and uncertainties. Future results may deviate considerably from those currently expected due to various risk factors and uncertainties such as changes in the business, economic and competitive situation, exchange rate fluctuations, uncertainties arising from legal disputes or investigative proceedings, and access to financial resources. MPC Capital AG assumes no responsibility whatsoever for updating the future-related statements contained in this communication.


    11-Nov-2021 CET/CEST The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases.
    Archive at www.dgap.de


    Language: English
    Company: MPC Münchmeyer Petersen Capital AG
    Palmaille 75
    22767 Hamburg
    Germany
    Phone: +49 (0)40 380 22-0
    Fax: +49 (0)40 380 22-4878
    E-mail: kontakt@mpc-capital.com
    Internet: www.mpc-capital.de
    ISIN: DE000A1TNWJ4
    WKN: A1TNWJ
    Indices: Scale 30
    Listed: Regulated Unofficial Market in Berlin, Dusseldorf, Frankfurt (Scale), Hamburg, Hanover, Munich, Stuttgart, Tradegate Exchange
    EQS News ID: 1245286

     
    End of Announcement DGAP News Service

    1245286  11-Nov-2021 CET/CEST

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    DGAP-Adhoc MPC Capital exits Dutch real estate market and sells 100% of its shares in CAIRN Real Estate BV at a significant book profit DGAP-Ad-hoc: MPC Münchmeyer Petersen Capital AG / Key word(s): Disposal/Investment MPC Capital exits Dutch real estate market and sells 100% of its shares in CAIRN Real Estate BV at a significant book profit 11-Nov-2021 / 07:55 CET/CEST Disclosure …

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