EQS-Adhoc: shaPE Capital AG: Further secondary sale and new cash distribution of CHF 16 per share - MSTEST

EQS Group-Ad-hoc: shaPE Capital AG / Key word(s): Payout shaPE Capital AG: Further secondary sale and new cash distribution of CHF 16 per share 2015-08-31 / 21:10 Release of an ad hoc announcement pursuant to Art. 53 KR. The issuer is solely responsible for the content of this announcement. --------------------------------------------------------------------- Freienbach, 31 August 2015 shaPE Capital AG in liquidation ("shaPE") today announced the sale of its stake in IPV Capital. While the transaction occurred at a significant discount to the latest reported valuation by the respective fund manager, the impact on the net asset value ("NAV") of shaPE is small as shaPE had already two years ago built a provision for this position. The board of directors decided to distribute the sale proceeds to shareholders and to make a cash distribution in the amount of CHF 16 per share. The distribution will be paid out of general legal reserves from capital contributions as authorized by the extraordinary assembly of the shareholders on 16 July 2015. The ex-dividend-date will be 7 September 2015 and the payment date will be 9 September 9 2015. The distribution of CHF 16 per share will increase the total amount distributed to shareholders to CHF 185 per share. The Q3 newsletter will be published by mid-October and the then reported NAV will be based on Q2 valuations by the underlying fund managers. Next to the negligibly small positions in Willis Stein & Partners III and in RGS Capital, shaPE today holds seven remaining fund positions managed by four GPs: Advent Global PE IV and Advent Global PE V, Baring Vostok PE Fund IV and Baring Vostok PE Fund IV Suppl., Capital International PE Fund IV and Capital International PE Fund V as well as MHR Institutional Partners III. Since no provisions have been built for these positions future secondary sales are expected to have a negative impact on the NAV. shaPE continues to explore secondary transactions. The most recent volatility on the financial markets however temporarily increased the spread between buyers' and sellers' expectations. Therefore no imminent transaction is foreseen. As markets calm down again, the realisation strategy will continue. End of ad hoc announcement --------------------------------------------------------------------- 2015-08-31 News transmitted by EQS Schweiz AG. www.eqs.com - news archive: http://switzerland.eqs.com/de/News The issuer is responsible for the contents of the release. --------------------------------------------------------------------- Information and Explaination of the Issuer to this News: shaPE Capital AG in liquidation ('shaPE') is an investment company with exposure to a global private equity fund portfolio. In 2009 shaPE decided to initiate a realization strategy with the ultimate goal to return the intrinsic value of the current portfolio to its shareholders. Under this realization strategy shaPE does not make any new commitments to private equity funds, but focuses on harvesting the value of the current portfolio.The shares of shaPE can be traded on OTC-X of Berner Cantonal Bank (www otc-x.ch). --------------------------------------------------------------------- Language: English Company: shaPE Capital AG Wolleraustrasse 41a 8807 Freienbach Switzerland Phone: +41 58 596 12 96 Fax: +41 58 596 12 97 E-mail: info@shape-capital.com Internet: www.shape-capital.com ISIN: CH0012885841 Valor: 765355 Listed: Foreign Exchange(s) SIX End of News EQS Group News-Service --------------------------------------------------------- (MORE TO FOLLOW) Dow Jones Newswires

   August 31, 2015 15:10 ET (19:10 GMT)- - 03 10 PM EDT 08-31-15