EQS-Adhoc: 029 Group SE: Portfolio Company Limestone Capital AG completes capital increase (deutsch)

029 Group SE: Portfolio Company Limestone Capital AG completes capital increase

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EQS-Ad-hoc: 029 Group SE / Schlagwort(e): Kapitalerhöhung

029 Group SE: Portfolio Company Limestone Capital AG completes capital

increase

01.11.2022 / 14:32 CET/CEST

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Ad-hoc

029 Group SE: Portfolio Company Limestone Capital AG completes capital

increase

Berlin, 1 November 2022. 029 Group SE (ISIN: DE000A2LQ2D0), a global

hospitality and lifestyle platform, announces that it was notified today

that its portfolio company Limestone Capital AG, a fully integrated

investment firm dedicated to identifying and creating value within the

hospitality sector, completed a capital increase at a significant valuation

uplift reflecting an investment by an undisclosed investor.

Subject to audit, management estimates that the value of 029 Group's

interest in Limestone is expected to increase to approximately EUR 16.7

million as a result of the capital increase.

About 029 Group SE

029 Group SE believes that the next generation of consumer brands will be

built on connection, experiences, and community. In a post-pandemic world,

new patterns of work, life and leisure are emerging and accelerating. These

trends create opportunities in hospitality and lifestyle for

innovation-driven entrepreneurship with a strong community focus. 029 Group

backs the most audacious entrepreneurs with a hands-on investment approach,

focusing on areas where they can add significant value through their

platform, global network and company building expertise. 029 Group is based

in Berlin, Germany.

For furter information, please see: https://www.029-group.com/

029 Group SE

Lorin Van Nuland

Neue Schönhauserstr. 3-5

10719 Berlin

Email: ir@029-group.com

https://www.029-group.com/

Contact media relations:

Kirchhoff Consult AG

E-mail: 029@kirchhoff.de

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Sprache: Deutsch

Unternehmen: 029 Group SE

Neue Schönhauserstraße 3-5

10178 Berlin

Deutschland

E-Mail: ir@029-group.com

Internet: www.029-group.com

ISIN: DE000A2LQ2D0

WKN: A2LQ2D

Börsen: Regulierter Markt in Düsseldorf, München

EQS News ID: 1476573

Ende der Mitteilung EQS News-Service

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1476573 01.11.2022 CET/CEST

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