Themis Equity Partners GmbH & Co. KGaA / Quarter Results
09.05.2008
Release of a Corporate News, transmitted by DGAP - a company of EquityStory AG.
The issuer is solely responsible for the content of this announcement.
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++ Publication of quarterly report dated 31 March 2008
++ Results due to prevailing market conditions negative, but in line with
expectations
++ Net asset value (NAV) of EUR 1.05 per share as at 30 April 2008
The stock exchange-listed investment holding company Themis Equity Partners
GmbH & Co. KGaA has closed the first quarter of the 2008 fiscal year with a
loss of EUR 8.7 million due to the current state of the capital markets,
reflecting the decrease in net asset value announced in April. The results
bear testimony to weak capital markets which particularly impacted the
value of investments in listed companies. Irrespective of these results,
Themis accounting ratios continue to remain sound. With a value of
EUR 55.3 million as at the reporting date, shareholders equity clearly
exceeded the market capitalisation of EUR 36 million. There were no
outstanding bank loans or overdrafts at this time. Short term liquid assets
and cash equivalents amounted to EUR 4.3 million.
Despite difficult conditions for the private equity market in general
during the first quarter of 2008 numerous transactions were registered
within the funds of the Themis portfolio. Some of these resulted from
favourable entry positions for attractive new investments as a result of
the prevailing market conditions.
Themis net asset value (NAV) of EUR 1.05 as at 30 April, 2008 was only
marginally below the level of the previous month (EUR 1.08 per share). By
comparison, the stock exchange index recorded a discount level of 33% on
the same day.
++ About Themis
Themis Equity Partners (WKN: 785 757) is Germanys first listed private
equity umbrella investment company. The company combines equity liquidity
with returns on investment comparable to those of the most prestigious top
quartile private equity funds, which, because of their high minimum
subscription levels and exclusivity, generally remain inaccessible to
individual investors.
Further information is available at www.themis-equity.de.
Contact:
Themis Equity Partners GmbH & Co. KGaA
Alexander Mitsch
Chief Financial Officer / Investor Relations
Tel.: +49 (0) 69 71 91 59 65 28
E-Mail: alexander.mitsch@themis-equity.de
Christiane Kriesche
Public Relations
Tel.: +49 (0) 69 71 91 59 65 17
E-Mail: christiane.kriesche@themis-equity.de
DGAP 09.05.2008
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Language: English
Issuer: Themis Equity Partners GmbH & Co. KGaA
Grüneburgweg 18
60322 Frankfurt am Main
Deutschland
Phone: +49 (0)69 719 15 965 0
Fax: +49 (0)69 719 15 965 11
E-mail: alexander.mitsch@themis-equity.de
Internet: www.themis-equity.de
ISIN: DE0007857575
WKN: 785757
Listed: Regulierter Markt in Frankfurt (Prime Standard); Freiverkehr
in Berlin, Stuttgart, München
End of News DGAP News-Service
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