DGAP-Adhoc: exceet Group SE: Sale of AEMtec GmbH, Berlin

2018. szeptember 25., kedd, 15:57

DGAP-Ad-hoc: exceet Group SE / Key word(s): Disposal/Disposal

exceet Group SE: Sale of AEMtec GmbH, Berlin

25-Sep-2018 / 15:57 CET/CEST

Disclosure of an inside information acc. to Article 17 MAR of the Regulation (EU) No 596/2014, transmitted by DGAP - a service of EQS Group AG.

The issuer is solely responsible for the content of this announcement.

Ad hoc Announcement

Sale of AEMtec GmbH, Berlin

Grevenmacher, 25 September 2018 - exceet Group AG, a company of the exceet Group, signed today a contract with Mellifera Neunundzwanzigste Beteiligungsgesellschaft mbH to sell its subsidiary AEMtec GmbH. The buyer is controlled by capiton V GmbH & Co. KG, a fund of the private equity firm capiton. The micro- and optoelectronics business AEMtec GmbH, headquartered in Berlin, is part of exceet"s business segment "Electronic Components, Modules & Systems (ECMS)". The completion of the transaction is subject to clearance by the appropriate cartel authorities. The agreed purchase price amounts to approx. EUR 86.0 million and will increase exceet"s net cash position (available cash less interest bearing liabilities) after transaction costs to about EUR 105.0 million after completion of the transaction.

Based on the IFRS accounting standard, AEMtec GmbH generated revenues of

EUR 46.5 million and an operating profit (EBITDA)1) of EUR 8.0 million in the financial year 2017.

Without AEMtec GmbH"s activities, the exceet Group would have reported the following results in the first half-year 2018:

(In EUR)                             H1 2018                             Pro Forma                              Pro Forma

                                               Report                    H1 2018 without                      H1 2017 without

                                                                                 AEMtec GmbH                        AEMtec GmbH

Net Sales                         46.9 million                          21.5 million                             21.9 million

EBITDA                              7.0 million                           2.1 million                                0.7 million


% of Net Sales1)                    14.8%                                  9.7%                                        3.4%

Net Result                         3.2 million                           0.4 million                               -0.1 million

1) See page 31-34 "21. Alternative Performance Measures (APM)" of the Interim Report for the first half-year 2018 http://www.exceet.com/Q2-2018-Report-APM

By taking this step, exceet continues to focus consequently on optimizing the value of its activities. Key elements of its strategy are the further development and strengthening of the remaining electronic activities - inter alia in the extension of the Printed Circuit Boards (PCB) production of GS Swiss PCB AG - and the acquisition of technology driven companies.

For further information:

Wolf-Günter Freese, CEO & CFO - Email: investor.relations@exceet.lu

exceet Group SE

17, rue de Flaxweiler

L-6776 Grevenmacher


Telephone +352 2838 4720

ISIN: LU0472835155


Listed: Regulated Market of the Frankfurt Stock Exchange (Prime Standard)

About exceet

exceet is a listed holding company focusing on technology corporations within the healthcare and electronics markets.

25-Sep-2018 CET/CEST The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases.
Archive at www.dgap.de

Language: English
Company: exceet Group SE

17, rue de Flaxweiler

6776 Grevenmacher

Phone: +352 2838 4720
Fax: +352 2838 4729
E-mail: info@exceet.com
Internet: www.exceet.com
ISIN: LU0472835155, LU0472839819
Listed: Regulated Market in Frankfurt (Prime Standard); Regulated Unofficial Market in Berlin, Munich, Stuttgart, Tradegate Exchange

End of Announcement DGAP News Service

727039  25-Sep-2018 CET/CEST

Tilos a hír bármilyen adatbázisba történő mentése vagy annak továbbítása harmadik fél számára;kereskedelmi viszonylatban vagy kereskedelmi céllal csak a Deutsche Gesellschaft für Ad-hoc-Publizität mbh írásos engedélyével történhet.