DGAP-News: LLoyd Fonds AG

DGAP-News: LLoyd Fonds AG confirms full-year forecast and plans to double the assets under management

DGAP-News: Lloyd Fonds Aktiengesellschaft / Key word(s): Half Year Results/Dividend Lloyd Fonds AG confirms full-year forecast and plans to double the assets under management

20.07.2016 / 06:53 The issuer is solely responsible for the content of this announcement.

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CORPORATE NEWS

Lloyd Fonds AG confirms full-year forecast and plans to double the assets under management

- Increase of more than 100 percent in consolidated net profit to EUR 1.8 million expected in the first half of 2016

- Assets under management to double in the medium term to EUR 3 billion thanks to strong pipeline of new projects

- Presentation of new projects for future growth

Hamburg, July 20, 2016 According to provisional calculations, Lloyd Fonds AG generated a consolidated net profit of EUR 1.8 million in the first half of 2016. This is more than twice as much as in the same period of the previous year (EUR 0.7 million). The Hamburg-based investment and asset manager reported that this significant improvement is due to the increase in management fee income including transaction fees particularly in the real estate segment.

Given its successful business performance, Lloyd Fonds AG expects to be able to report a sharp increase in consolidated net profit for financial year 2016. The current forecast is for profit of EUR 2-3 million. In view of the strong result in the first half of the year, Lloyd Fonds assumes that full-year consolidated net profit will come in at the top end of this range.

New projects to generate sustained growth

Against the backdrop of its strategic decision to develop listed and tradable investments, Lloyd Fonds is currently working on the establishment of a listed company for funded housing construction in metropolitan regions. Institutional investors are the main target group.

In a second project, retail investors are to gain access to real estate investments via a listed real estate investment trust (REIT). In the maritime segment, a platform for distressed ship investments is being developed.

"Today, investors are primarily seeking a liquid market, transparency and solid returns. Investments in listed entities offer all these benefits to a high degree and are also more attractive from a tax point of view due to the flat-rate withholding tax," says Dr. Torsten Teichert, CEO of Lloyd Fonds AG. "The new projects will boost our business volumes and drive our Company's growth on a sustained basis. We are confident of being able to double the current volume of assets under management from around EUR 1.4 billion to roughly EUR 3 billion in the medium term. This will be accompanied by the clear expectation of rising revenues and profits in future years."

Dividend of 7 cents per share proposed

At today's annual general meeting, the management of Lloyd Fonds AG will be providing its shareholders with a first view of the new projects. At the same time, they will be asked to approve a dividend of 7 cents per share for last financial year.

In view of the amount held in the tax-recognized contribution account, the planned dividend for 2015 is classified as a returned capital contribution, meaning that no investment income tax or solidarity surcharge is payable on it. Accordingly, the dividend to be approved will be paid from the tax- recognized contribution account (Section 27 of the Corporate Tax Act) and is thus normally not subject to tax for shareholders.

About Lloyd Fonds AG:

As an investment and asset manager, Lloyd Fonds AG has been specializing in investments in alternative real assets and investment products as well as the professional management of these investments for over 20 years. To date, the Hamburg-based company has initiated investment products worth around EUR 5 billion. Currently, it particularly manages investments in the areas of shipping, real estate, aircraft and renewable energies. Lloyd Fonds has been listed on the Frankfurt stock exchange since 2005 (WKN A12UP2, ISIN code DE000A12UP29).

Contact: Susanne Maack Lloyd Fonds AG Amelungstraße 8-10 20354 Hamburg Tel: +49-40-325678-0 Fax: +49-40-325678-99 Mail: ir@lloydfonds.de

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20.07.2016 Dissemination of a Corporate News, transmitted by DGAP - a service of EQS Group AG. The issuer is solely responsible for the content of this announcement.

The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases. Archive at www.dgap.de

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Language: English Company: Lloyd Fonds Aktiengesellschaft Amelungstr. 8-10 20354 Hamburg Germany Phone: +49 (0)40 32 56 78-0 Fax: +49 (0)40 32 56 78-99 E-mail: info@lloydfonds.de Internet: www.lloydfonds.de ISIN: DE000A12UP29 WKN: A12UP2 Listed: Regulated Unofficial Market in Berlin, Dusseldorf, Hamburg, Munich, Stuttgart; Open Market (Entry Standard) in Frankfurt End of News DGAP News Service ---------------------------------------------------------------------------

484029 20.07.2016