Shareholder Value Beteiligungen AG Announces Sale of Shares in SMT Scharf AG

Shareholder Value Beteiligungen AG, in concert with other shareholders, sealed a binding deal to offload a majority stake of 52.66% in SMT Scharf AG to Yankuang Energy Group Company Limited. The shares, based in Shandong Province, China, were sold at €11.10 each, although the final price per share may vary due to a fixed adjustment mechanism until transaction closing.

Following the agreement, SMT Scharf AG represents a significant portion of Shareholder Value Beteiligungen AG's portfolio. The transaction is anticipated to enhance the intrinsic value of Shareholder Value Beteiligungen AG, contingent on normal business operation until the transaction's completion. The completion of this agreement is dependent on standard closing conditions including government and investment regulatory approvals in Germany, other relevant jurisdictions, and Chinese authority consent.

Yankuang Energy Group Company Limited, the buyer, is a vast energy enterprise in China with interests in mining, high-end chemicals, new materials, new energy, high-end equipment manufacturing, and intelligent logistics. It operates on four major listing platforms across China and internationally.