Separation of The Payments Group Holding from SGT Group Completed

The Payments Group Holding (PGH), formerly known as SGT German Private Equity, has completed its separation from the SGT Capital Group. The change of name will soon be registered formally. All associated entities have also removed the SGT abbreviation from their names.

Christoph Gerlinger, PGH's CEO and founder, resigned from his management roles at SGT Group and its affiliates on or before 27 September 2023. He also withdrew his company's membership in SGT Capital LLC by 14 February 2024, stepping down from his partnership position. The ticker symbol was updated from "SGF" to "PGH".

PGH and its associates no longer hold any ties with SGT Capital Group, with the exception of certain secured financial liabilities. No initial connections existed between PGH and SGT Capital AG, established in Switzerland in 2024.