Deutsche Beteiligungs AG / DE000A1TNUT7

30.11.2023 - 19:43:51

EQS-RPT: Deutsche Beteiligungs AG: Release according to Article 111c of the AktG [the German Stock Corporation Act] with the objective of Europe-wide distribution

EQS Related Party Transactions announcement: Deutsche Beteiligungs AG / Release of an announcement according to Article 111c of the AktG [the German Stock Corporation Act]
Deutsche Beteiligungs AG: Release according to Article 111c of the AktG [the German Stock Corporation Act] with the objective of Europe-wide distribution

30.11.2023 / 19:43 CET/CEST
Dissemination of a Related Party Transactions announcement transmitted by EQS News - a service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.

Deutsche Beteiligungs AG – Disclosure in accordance with section 111c (1) in conjunction with section 111c (4) of the German Stock Corporation Act (Aktiengesetz – AktG) with the objective of Europe-wide distribution Publication of major related-party transactions pursuant to section 111c (1) in conjunction with section 111c (4) of the AktG Frankfurt/Main, 30 November 2023 As announced in a disclosure published on 15 September 2023, Deutsche Beteiligungs AG (“DBAG”) has entered into a partnership with ELF Capital Advisory GmbH, based in Frankfurt/Main, Germany, as an extension of DBAG’s previous business activities. In this context, DBAG will invest indirectly – via DBAG ELF Funds Konzern GmbH & Co. KG, an unconsolidated investment entity subsidiary – by subscribing to limited partnership interests in ELF European Lending Fund II SCSp SICAV-RAIF ("ELF II") as well as in ELF Capital Solutions Fund I SCSp SICAV-RAIF ("ELF CS"), by way of agreements with ELF European Lending Management II S.à r.l. ("ELF II GP") for ELF II and with ELF Capital Solutions Management S.à. r.l. ("ELF CS GP") for ELF CS. ELF II GP and ELF CS GP will each become fully-consolidated subsidiaries of DBAG. According to DBAG’s current assessment (taking into account the expected investment dates), the present value of the respective subscription commitments as at 30 November 2023 is to be valued at 24.5 million euros for ELF II and at 73.5 million euros for ELF CS, respectively.

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