shaPE Capital AG

EQS-Adhoc: shaPE Capital AG: Further secondary sale and new cash distribution of CHF 16 per share

EQS Group-Ad-hoc: shaPE Capital AG / Key word(s): Payout
shaPE Capital AG: Further secondary sale and new cash distribution of
CHF 16 per share

31.08.2015 / 21:10
Release of an ad hoc announcement pursuant to Art. 53 KR.
The issuer is solely responsible for the content of this announcement.

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Freienbach, 31 August 2015

shaPE Capital AG in liquidation ("shaPE") today announced the sale of its
stake in IPV Capital. While the transaction occurred at a significant
discount to the latest reported valuation by the respective fund manager,
the impact on the net asset value ("NAV") of shaPE is small as shaPE had
already two years ago built a provision for this position. The board of
directors decided to distribute the sale proceeds to shareholders and to
make a cash distribution in the amount of CHF 16 per share. The
distribution will be paid out of general legal reserves from capital
contributions as authorized by the extraordinary assembly of the
shareholders on 16 July 2015. The ex-dividend-date will be 7 September 2015
and the payment date will be 9 September 9 2015. The distribution of CHF 16
per share will increase the total amount distributed to shareholders to CHF
185 per share.

The Q3 newsletter will be published by mid-October and the then reported
NAV will be based on Q2 valuations by the underlying fund managers. Next to
the negligibly small positions in Willis Stein & Partners III and in RGS
Capital, shaPE today holds seven remaining fund positions managed by four
GPs: Advent Global PE IV and Advent Global PE V, Baring Vostok PE Fund IV
and Baring Vostok PE Fund IV Suppl., Capital International PE Fund IV and
Capital International PE Fund V as well as MHR Institutional Partners III.
Since no provisions have been built for these positions future secondary
sales are expected to have a negative impact on the NAV.

shaPE continues to explore secondary transactions. The most recent
volatility on the financial markets however temporarily increased the
spread between buyers' and sellers' expectations. Therefore no imminent
transaction is foreseen. As markets calm down again, the realisation
strategy will continue.

End of ad hoc announcement

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31.08.2015 News transmitted by EQS Schweiz AG. www.eqs.com - news
archive: http://switzerland.eqs.com/de/News

The issuer is responsible for the contents of the release.

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Information and Explaination of the Issuer to this News:

shaPE Capital AG in liquidation ('shaPE') is an investment company with
exposure to a global private equity fund portfolio. In 2009 shaPE decided
to initiate a realization strategy with the ultimate goal to return the
intrinsic value of the current portfolio to its shareholders. Under this
realization strategy shaPE does not make any new commitments to private
equity funds, but focuses on harvesting the value of the current
portfolio.The shares of shaPE can be traded on OTC-X of Berner Cantonal
Bank (www otc-x.ch).


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Language:    English
Company:     shaPE Capital AG
             Wolleraustrasse 41a
             8807 Freienbach
             Switzerland
Phone:       +41 58 596 12 96
Fax:         +41 58 596 12 97
E-mail:   info@shape-capital.com
Internet: www.shape-capital.com
ISIN:        CH0012885841
Valor:       765355
Listed:      Foreign Exchange(s) SIX


End of News    EQS Group News-Service
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391065 31.08.2015
 



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