TIG Themis Industries Group GmbH & Co. KGaA
Themis confirms preliminary figures and earnings per share of 9 cent
Themis Equity Partners GmbH & Co. KGaA / Final Results Release of a Corporate News, transmitted by DGAP - a company of EquityStory AG. The issuer / publisher is solely responsible for the content of this announcement. ---------------------------------------------------------------------- ++ Annual report 2007: Themis confirms preliminary figures and earnings per share of 9 cent ++ NAV amounts to Euro 1.12 per share as of 29 February 2008 The publicly listed private equity investment company Themis Equity Partners GmbH & Co. KGaA confirmed its preliminary figures including earnings per share of 9 cent by releasing the audited annual report for 2007. In spite of the difficult second half of the year, Themis earned a net income of Euro 4.8 million, the second best result achieved during the life of the company. Distributions resulting from the exit activities of the company’s funds contributed a significant percentage with Euro 9.1 million. Share price gains for the listed companies resulted in a further contribution of approximately Euro 6.5 million. Costs include impairment charges of Euro 14.9 million, which largely relate to write-downs against publicly listed and non-listed investments. Other operating expenses amounted to Euro 2.6 million. At Euro 64.1 million, Themis’ equity as reported in the balance sheet as of 31 December 2007 was clearly in excess of the company’s market capitalisation (Euro 44 million). The company had no liabilities to banks. Short-term liquid funds amounted to Euro 10.5 million. Themis’ management feels that the excellent opportunities for experienced private equity investors to make profitable investments would continue in the event of stable performance in capital and interest rate markets. Additionally Themis will focus on continuing on the highly successful path it has already chosen of investing in restructuring situations. Themis’ intrinsic value (NAV) amounted to Euro 1.12 per share as of 29 February 2008. Themis’ share price at this date represented a discount of 41% compared with NAV. ++ About Themis Themis Equity Partners (securities identification number: 785 757) is Germany’s first publicly listed private equity investment company. Themis combines the liquidity of shares with the profits generated by renowned top-quartile private equity funds, which are usually not accessible to individual investors due to their high minimum subscriptions and exclusivity. Further information about the company can be found 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 18.03.2008 Financial News transmitted by DGAP ---------------------------------------------------------------------- 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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