Ad hoc announce­ment - NEON EQUI­TY AG: Manage­ment Board and Super­vi­so­ry Board deci­de to adjust the invest­ment stra­tegy

Publi­ca­ti­on of insi­de infor­ma­ti­on pur­su­ant to Artic­le 17 of the Mar­ket Abu­se Regu­la­ti­on

NOT FOR DIS­TRI­BU­TI­ON, PUBLI­CA­TI­ON OR TRANS­MIS­SI­ON, DIRECT­LY OR INDI­RECT­LY, IN OR INTO THE UNITED STA­TES OF AME­RI­CA OR ANY OTHER JURIS­DIC­TION IN WHICH SUCH DIS­TRI­BU­TI­ON, PUBLI­CA­TI­ON OR TRANS­MIS­SI­ON WOULD BE UNLAWFUL.

NEON EQUI­TY AG: Manage­ment Board and Super­vi­so­ry Board deci­de to adjust the invest­ment stra­tegy

Frank­furt am Main, Sep­tem­ber 23, 2024 - 8.54 p.m. - NEON EQUI­TY AG (“NEON EQUI­TY”, ISIN DE000A3DW408) today deci­ded to adjust its invest­ment stra­tegy. The com­pa­ny his­to­ri­cal­ly comes from the real estate invest­ment sec­tor, but focu­sed its busi­ness model on impact inves­t­ing in sus­tainable com­pa­nies some time ago. Against this back­drop, the Manage­ment Board and Super­vi­so­ry Board deci­ded at a stra­tegy mee­ting today to dis­con­ti­nue invest­ments in the real estate sec­tor. The com­pa­ny the­r­e­fo­re intends to dive­st its sta­ke in publi­ty AG. To date, the com­pa­ny has held the invest­ment in publi­ty AG as fixed assets with the aim of achie­ving long-term value. With the decis­i­on to sell the invest­ment, the com­pa­ny intends to release funds in order to invest them in its core busi­ness of impact inves­t­ing. The­r­e­fo­re, a cor­re­spon­ding sales pro­cess of the publi­ty AG invest­ment will be initia­ted. Even if, due to the cur­rent mar­ket con­di­ti­ons in the real estate sec­tor, a pri­ce may be achie­ved that does not cor­re­spond to the cur­rent book value or could fall signi­fi­cant­ly below it, the Exe­cu­ti­ve Board and Super­vi­so­ry Board are of the opi­ni­on that this is the best way for the com­pa­ny in the medi­um to long term.