ZUG, Switzerland, January 21 /PRNewswire/ -- Swiss Hawk AG is proud to announce that overall the Company's seven investment portfolio participations performed very well during 2007 and are on course for significant growth in value during 2008.
The company expects to start a disposal from its holdings in quoted companies from March 2008 and onwards.
It is expected that all unquoted investment holdings will be quoted on a recognised stock exchange or will be disposed through trade sales during the coming three months. At the time of listing of the unquoted companies a disposal plan will be agreed on.
It is the Company's policy to make investments only when a short term Exit plan is in place, with Exit timeframe being approximately 12 months.
Quoted Portfolio Companies :
Swiss Hawk AG currently holds substantial shareholdings in two quoted companies :
- Deutsche European Real Estate Plc (listed on the Frankfurt Open Market; Symbol: FUN), (19,440,000 shares representing an approximate 30% shareholding)
- Motion Network Holding Plc (listed on the Frankfurt Open Market; Symbol: HORA), (40,000,000 shares representing an 8% shareholding)
The total consideration paid was EUR 6.7 million (during 2006 and 2007)
The total market value at 31 December 2007 was EUR 22.1 million plus a convertible loan with value EUR 4.5 million.
The total market value at 18 January 2008 is EUR 31.1 million plus a convertible loan with value EUR 4.5 million.
Unquoted Portfolio Companies :
During 2007, Swiss Hawk AG has invested into the following five unquoted companies :
- Horsecreek Entertainment AB (promoter of HomeTV platform), Sweden (up to 12.5% shareholding)
- Cleanair Technologies AB, Sweden (20% shareholding)
- Environment Development Group AG, Germany ( 17% shareholding)
- Adhoco AG, Switzerland (up to 33% shareholding)
- Vitaboost International BV, The Netherlands (up to 35% shareholding)
The total investment made into the five unquoted portfolio companies during 2007 is: EUR 1.56 million.
It is expected that the unquoted portfolio will show a very significant growth in value during 2008.
A profile for each of the portfolio companies is available to download at the homepage of Swiss Hawk AG http://www.swisshawk.com.
About Swiss Hawk AG
Swiss Hawk AG is building an alternative asset management business through the pursuit of an aggressive investment policy based on actively investing and trading in participations in alternative asset class transactions (mainly late stage pre-IPOs / IPOs) with high-growth potential and planned short term exit. Swiss Hawk focuses on the following business sectors: Digital Media & Entertainment, Information Technology, Real Estate Investment Management & Finance, and Renewable Energy & Environmental Technology. Swiss Hawk is listed on the Frankfurt Stock Exchange Open Market.
Contact: Mrs Pranee Schneider Phone: +41-41-511-01-98 E-Mail: contact@swisshawk.com
Contact: Mrs Pranee Schneider, Phone: +41-41-511-01-98, E-Mail: contact@swisshawk.com
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