The sale of investment commitments and fund investments worth EUR
17.0 million to Gimv completed
(Thomson Reuters ONE) - CapMan Stock Exchange Release 9 September 2009 9.50 a.m.CapMan Plc Group has completed the sale of investment commitments andfund investments worth EUR 17.0 million to Gimv. The transaction wasannounced on 7 August 2009. The direct impact of the transaction onthe Group's cash flow in 2009 is approx. EUR 3.4 million and it doesnot have an impact on Group's result.CapMan divested investment commitments totalling EUR 13.6 million andfund investments totalling EUR 3.4 million to Gimv. As stated earlierat the time of publishing the transaction, the sum of CapMan'sremaining investment commitments fell from EUR 61.9 million to EUR48.3 million as a result of the divestments. The fair value ofexecuted investments at 30 June 2009 changed from EUR 56.2 million toEUR 52.8 million. The commitments and investments sold target CapManTechnology 2007, CapMan Russia and CapMan Public Market funds.The transactions do not have an impact on Group's result for 2009 asthey were executed at fair value.For more information, please contact:Heikki Westerlund, CEO, CapMan Plc, Senior Partner, tel. +358 207 207504 or +358 50 559 6580CAPMAN PLCMari ReponenCommunications DirectorInvestor ServicesDISTRIBUTIONHelsinki Stock ExchangePrincipal mediawww.capman.comCapMan www.capman.comCapMan is one of the leading alternative asset managers in the Nordiccountries and Russia and manages private equity funds withapproximately EUR 3.5 billion in total capital. CapMan has sixinvestment areas (CapMan Buyout, CapMan Technology, CapMan LifeScience, CapMan Russia, CapMan Public Market and CapMan Real Estate),and each of them has a dedicated team and funds. Altogether CapManemploys over 150 people in Helsinki, Stockholm, Copenhagen, Oslo andMoscow. CapMan was established in 1989 and its B shares are listed onthe Helsinki Stock Exchange since 2001.This announcement was originally distributed by Hugin. The issuer is solely responsible for the content of this announcement.
Datum: 09.09.2009 - 08:50 Uhr
Sprache: Deutsch
News-ID 5619
Anzahl Zeichen: 0
contact information:
Town:
London
Kategorie:
Business News
Diese Pressemitteilung wurde bisher 309 mal aufgerufen.
Die Pressemitteilung mit dem Titel:
"The sale of investment commitments and fund investments worth EUR
17.0 million to Gimv completed"
steht unter der journalistisch-redaktionellen Verantwortung von
CapMan Oyj (Nachricht senden)
Beachten Sie bitte die weiteren Informationen zum Haftungsauschluß (gemäß TMG - TeleMedianGesetz) und dem Datenschutz (gemäß der DSGVO).
