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on Shareholder Value Beteiligungen AG (isin : DE000A168205)

Shareholder Value Beteiligungen AG Announces Major Share Sale in SMT Scharf AG to Yankuang Energy

On March 4, 2024, Shareholder Value Beteiligungen AG, in a significant move, disclosed the sale of approximately 52.66% of SMT Scharf AG's shares to Yankuang Energy Group Company Limited. This transaction, priced at EUR 11.10 per share, marks a notable shift in the ownership of the German firm, with a closing price possibly subjected to adjustments. Shareholder Value Beteiligungen AG, owning over 20% of SMT Scharf AG, is parting with a substantial portion of its stake.

The sale is poised to positively impact Shareholder Value Beteiligungen AG's intrinsic value, conditional on SMT Scharf AG's performance until the transaction's closure. Nonetheless, the deal's finalization hinges on investment control proceedings in Germany and regulatory approvals across other jurisdictions.

Yankuang Energy Group, a prominent Chinese energy conglomerate, has committed to financing the acquisition, highlighting the international interest in SMT Scharf AG's operations. This transaction underscores the global financial interactions and shifts within the energy and mining sectors. SMT Scharf AG also aims for a future listing on the Frankfurt Stock Exchange's Regulated Market, signaling ambitious growth post-transaction.

R. E.

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