Net asset value as of March 31, 2022

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Private Equity Holding AG / Key word(s): Annual results

11-Apr-2022 / 18:00 CET/CEST
Publication of an ad hoc announcement pursuant to Art. 53LR
The issuer is solely responsible for the content of this announcement.

PRESS RELEASE

Zug, April 11, 2022

Net asset value as of March 31, 2022

As of March 31, 2022, the net asset value (NAV) per share of Private Equity Holding AG (PEH) amounted to EUR 153.42 (CHF 156.85), an increase of 5.0% in EUR ( 4.0% in CHF) since February 28, 2022, and 28.0% over the whole of the 2021/22 financial year (in EUR, including dividend).

The period under review continued to be characterized by an uncertain market environment resulting from the war in Ukraine. However, PEH’s well-diversified portfolio has shown strong resilience in volatile market conditions.

PEH’s portfolio performance was positive in March and also benefited from favorable currency movements. The increase in net asset value resulted from positive valuation adjustments of several portfolio funds, including Eagletree IV and Mid Europa Fund IV, as well as direct co-investment in International Design Holding, a global high-end lighting and furniture group. of range.

The portfolio again recorded positive cash flows with total distributions amounting to 7.9 million euros. PEH received notable distributions from Evolution Technology, distributing proceeds from the sale of Eperi, a market-leading encryption gateway solution, and Pollen Street III from the partial sale of Aryza, a leading global solutions provider case management and process automation software for the financial service industry. The distributions also include proceeds from the second tranche of the highly successful partial sale of Renaissance Learning, a provider of digital learning solutions.

During the reporting period, PEH committed $4 million to Frontenac XII Private Capital, a Chicago-based private equity firm that focuses on lower-middle-market buyout transactions in the consumer, business and consumer sectors. industry and services.

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Private Equity Holding AG (SIX: PEHN) is a listed investment company for private equity investments. It offers institutional and private investors the opportunity to participate in a simple and tax-efficient way in a diversified and professionally managed private equity portfolio with selective funds and direct investments.

Portfolio income is partially reinvested and passed on to shareholders in the form of annual distributions. Private Equity Holding’s portfolio is managed by Alpha Associates, an independent private equity, private debt and infrastructure investment manager based in Zurich.

For more information, please contact:
Kerstin von Stechow, Investor Relations, [email protected], phone +41 41 726 79 80, http://www.peh.ch

The Basis for Net Asset Value Calculation and Disclaimer

The number of outstanding shares used for the calculation of the net asset value per share amounted to 2,524,604 as of March 31, 2022 (February 28, 2022: 2,524,704). Calculations are prepared in accordance with International Financial Reporting Standards (IFRS) and the guidelines of Invest Europe (formerly known as the European Venture Capital Association). The valuations of the funds’ investments are based on the most recent net asset values ​​(NAV) of the funds. When estimating the fair value of unlisted direct investments, Private Equity Holding AG considers the most appropriate market valuation techniques. The fair value of listed direct investments is the market value. The net asset value of Private Equity Holding AG is calculated at the end of each month assuming going concern and generally published within six trading days of the cut-off date. The different reporting deadlines of the different companies and funds in which holdings are held may lead to short-term distortions and result in discrepancies between the published net asset value and the actual total net asset value of Private Equity Holding AG.

Contact:

Additional Features:

File: Flyer PEH NAV March 2022

End of the ad hoc announcement


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