DGAP-Adhoc: Rickmers Group sells Rickmers Trust Management Pte. Ltd. shares


Rickmers Holding AG  / Key word(s): Disposal

17.10.2016 18:33

Disclosure of an inside information according to Article 17 MAR,
transmitted by DGAP - a service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.

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Rickmers Group sells Rickmers Trust Management Pte. Ltd. shares

Hamburg, 17 October 2016

The Rickmers Group has sold all of its shares in Rickmers Trust Management
Pte. Ltd., Singapore on 17 October 2016. Rickmers Trust Management Pte.
Ltd. is the Trust Manager and thus managing vehicle of Rickmers Maritime, a
trust listed on the Singapore Stock Exchange.

Due to the sale of all shares in the managing vehicle of Rickmers Maritime
the latter is no longer a fully consolidated subsidiary of Rickmers Holding
AG. However, Rickmers Holding AG still holds 34.2 percent of the shares in
Rickmers Maritime.


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Information and Explanation of the Issuer to this News:

About the Rickmers Group

The Rickmers Group is an international service provider in the maritime
transport sector and a containership owner with a global blue-chip customer
base. It is represented through its main offices in Hamburg and Singapore,
in eleven countries and more than 50 sales agencies worldwide. The Group's
business activities are divided into three segments: Maritime Assets,
Maritime Services and Rickmers-Linie.

In the Maritime Assets segment the Rickmers Group is active as Asset
Manager for its own vessels and also for those of third parties. The Group
initiates and coordinates shipping projects, organises financing and
acquires, charters and sells ships. In the Maritime Services business
segment the Rickmers Group provides shipmanagement services for its own
vessels as well as for those owned by third parties; these services
comprise technical and operational management, crewing, newbuild
supervision, consultancy and insurance-related services. In the Rickmers-
Linie business segment the Rickmers Group operates as a shipping line for
breakbulk, heavy lift and project cargo, and additionally offers individual
voyages.

Press inquiries:

Kirchhoff Consult AG
Jens Hecht
T: +49 (0)40 60 91 86 0
F: +49 (0)40 60 91 86 60
E: jens.hecht@kirchhoff.de

The material set forth in this announcement is for informational purposes
only and does not constitute an offer of securities for sale in the United
States.  The securities referred to herein have not been and will not be
registered under the United States Securities Act of 1933, as amended (the
Securities Act), or with any securities regulatory authority of any state
or other jurisdiction of the United States, and may not be offered or sold
within the United States except pursuant to an exemption from the
registration requirements of the Securities Act and any applicable
securities laws of any state or other jurisdiction of the United States.
No public offering of securities will be made in the United States.

The material set forth in this announcement does not constitute an offer of
securities for sale in any jurisdiction in which such an offer or
solicitation is unlawful.  No public offering of securities will be made in
any member state of the European Economic Area.

17.10.2016 The DGAP Distribution Services include Regulatory Announcements,
Financial/Corporate News and Press Releases.
Archive at www.dgap.de

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Language:     English
Company:      Rickmers Holding AG
              Neumühlen 19
              22763 Hamburg
              Germany
Phone:        +49 40 389177 0
Fax:          +49 40 389177 500
E-mail:       info@rickmers.com
Internet:     www.rickmers.com
ISIN:         DE000A1TNA39
WKN:          A1TNA3  
Listed:       Regulated Unofficial Market in Berlin, Dusseldorf, Hamburg,
              Hanover, Munich, Stuttgart, Tradegate Exchange; Open Market
              in Frankfurt (Prime Standard for Corporate Bonds)
 
End of Announcement                             DGAP News-Service
 
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