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19.12.2018 10:38:02

DGAP-News: Mountain Alliance AG significantly increases its own portfolio with the acquisition of Mountain Technology AG and further expands its market position

DGAP-News: Mountain Alliance AG / Key word(s): Investment/Mergers & Acquisitions
Mountain Alliance AG significantly increases its own portfolio with the acquisition of Mountain Technology AG and further expands its market position

19.12.2018 / 10:38
The issuer is solely responsible for the content of this announcement.


Mountain Alliance AG significantly increases its own portfolio with the acquisition of Mountain Technology AG and further expands its market position


- Full acquisition of Mountain Technology AG from Mountain Partners AG

- Portfolio strengthened with six new holdings

- Transaction occurs as non-cash capital increase


Munich, 19 December 2018 - Mountain Alliance AG (MA, ISIN DE000A12UK08) continues to pursue a consistent strategy of becoming a leading investor for digital companies. As part of a previously significantly deepened cooperative partnership with majority shareholder Mountain Partners AG, Mountain Alliance acquires 100% of Mountain Technology AG shares following the acquisition of Mountain Internet AG in October 2017. The increase in the company's own holdings portfolio occurs by way of a non-cash capital increase.

This acquisition strengthens the Mountain Alliance portfolio with six additional holdings. These include holdings in renowned and promising companies like Exasol, a specialist for in-memory databases, the provider for safe enterprise video management solutions movingimage and mixxt, a provider of specialist intranet software.

"The companies of Mountain Technology AG will be a great addition to our current portfolio and will elevate it to a new level. We also see very interesting intersection points between the various holdings. We will implement essential measures of our strategy step by step, which allows us to continuously achieve important milestones on our road to becoming a leading investor for digital companies", explains Daniel Wild, CEO of Mountain Alliance AG.

As part of the acquisition of Mountain Technology AG from Mountain Partners AG, the share holdings of Mountain Partners AG in Mountain Alliance AG increases from 50.1% to 66.9%. In the context of a non-cash capital increase, the share capital to the exclusion of shareholders' subscription rights of EUR 4,035,330.00 is increased by EUR 2,010,390.00 to EUR 6,045,720.00 by issuing 2,010,390 new shares. The new shares were signed for in full today by Mountain Partners AG as part of a private placement, which will in return introduce all 100,000 shares in Mountain Technology AG into Mountain Alliance AG. The issue price for the new shares of Mountain Alliance AG was EUR 6.50 and therefore above the average closing price for the company over the past 30 trading days before today, as well as above the final closing price of the company shares.
About Mountain Alliance AG:

Mountain Alliance AG (MA) (ISIN: DE000A12UK08) is an investment company whose shares are listed in the SME segment m:access of the Munich Stock Exchange and in the Basic Board of the Frankfurt Stock Exchange. As a lean, transparent and experienced investor, the company is dedicated to the industry of the future, in which it has many years of know-how and an excellent network: the digital business. Mountain Alliance AG currently holds portfolio companies in three segments: Meta Platforms, Value Added Ecommerce and Digital Business Services. Through its listing MA enables its shareholders a simple access to a diversified portfolio of digital assets.

Contact:
Mountain Alliance AG
Justine Wonneberger
CFO
Bavariaring 17
80336 Munich
phone: +49 89 2314141 00
fax: +49 89 2314141 11
email: wonneberger@mountain-alliance.de
www.mountain-alliance.de

CROSSALLIANCE communication GmbH
Susan Hoffmeister
Investor Relations
Freihamer Strasse 2
82166 Graefelfing/Munich
phone: +49 89 898 27 227
e-mail: sh@crossalliance.de



19.12.2018 Dissemination of a Corporate News, transmitted by DGAP - a service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.

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


Language: English
Company: Mountain Alliance AG
Bavariaring 17
80336 München
Germany
Phone: +49 89 231 41 41 00
Fax: +49 89 231 41 41 11
E-mail: wonneberger@mountain-alliance.de
Internet: www.mountain-alliance.de
ISIN: DE000A12UK08
WKN: A12UK0
Listed: Regulated Unofficial Market in Berlin, Dusseldorf, Frankfurt (Basic Board), Munich (m:access), Stuttgart, Tradegate Exchange

 
End of News DGAP News Service

759807  19.12.2018 

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