TIG Themis Industries Group GmbH & Co. KGaA
Themis Equity Partners GmbH & Co. KGaA:
Themis Equity Partners GmbH & Co. KGaA / Quarter 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. ---------------------------------------------------------------------- ++ 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 Germany’s 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 09.05.2008 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 ---------------------------------------------------------------------------
Latest News
Latest Reports
Upcoming Events
No Events found
Webcasts
No Webcasts found