12.01.2018 08:00:02

DGAP-News: ProCredit Holding AG & Co.KGaA

DGAP-News: ProCredit Holding AG & Co. KGaA: ProCredit Holding confirms continued strong loan portfolio growth for the group in 2017 and is considering a capital increase to fund further growth prospects

DGAP-News: ProCredit Holding AG & Co. KGaA / Key word(s): Corporate Action
ProCredit Holding AG & Co. KGaA: ProCredit Holding confirms continued strong loan portfolio growth for the group in 2017 and is considering a capital increase to fund further growth prospects

12.01.2018 / 08:00
The issuer is solely responsible for the content of this announcement.


NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION, DIRECTLY OR INDIRECTLY, IN OR INTO THE UNITED STATES OF AMERICA, AUSTRALIA, CANADA OR JAPAN

ProCredit Holding confirms continued strong loan portfolio growth for the group in 2017 and is considering a capital increase to fund further growth prospects

The ProCredit group's customer loan portfolio has experienced continued strong growth in the second half of the 2017 financial year. As communicated on 14 August 2017 and in light of the continued strong development of its loan portfolio, ProCredit Holding AG & Co. KGaA (ProCredit Holding), the parent company of the ProCredit group, is considering an equity increase of up to 10% within the scope of the existing Authorised Capital. This increase would further strengthen its capital base and enable it to take advantage of the attractive prospects for additional growth in its target customer segment of small and medium-sized enterprises (SMEs).

A capital increase may take place in the course of the upcoming months. However, no decisions have yet been taken by the boards of ProCredit Holding. Furthermore, any capital increase is subject to numerous factors including appropriate market conditions.

Berenberg and equinet Bank act as financial advisors to ProCredit Holding.

Contact:
Andrea Kaufmann, Group Communications, ProCredit Holding
Tel.: +49 69 951 437 138, e-mail: Andrea.Kaufmann@procredit-group.com

Nadine Frerot, Investor Relations, ProCredit Holding,
Tel.: +49 69 951 437 285, e-mail: Nadine.Frerot@procredit-group.com

About ProCredit Holding AG & Co. KGaA
ProCredit Holding AG & Co. KGaA, based in Frankfurt am Main, Germany, is the parent company of the development-oriented ProCredit group, which consists of banks for small and medium enterprises (SMEs) and whose operational focus is on South Eastern and Eastern Europe. In addition to this regional focus, the ProCredit group is also active in South America and Germany. The company's shares are traded on the Prime Standard segment of the Frankfurt Stock Exchange. The anchor shareholders of ProCredit Holding AG & Co. KGaA include the strategic investors Zeitinger Invest and ProCredit Staff Invest (comprising the investment vehicles for ProCredit staff), the Dutch DOEN Participaties, KfW Development Bank and IFC (part of the World Bank Group). As the group's superordinated company according to the German Banking Act, ProCredit Holding AG & Co. KGaA is supervised on a consolidated level by the German Federal Financial Supervisory Authority (Bundesanstalt für Finanzdienstleistungsaufsicht, BaFin) and the German Bundesbank. For additional information, visit www.procredit-holding.com.

Important Notice
This announcement and the information contained herein is not intended for, and is not to be made available to, persons in the United States of America (the "United States"), Australia, Canada or Japan or to persons in any other jurisdiction in which such distribution or release would be unlawful.This announcement does not constitute or form a part of any offer or solicitation to purchase or subscribe for securities, neither in the United States, Australia, Canada, Japan nor in any jurisdiction regardless of whether such an offer or solicitation would be unlawful or not.

This announcement may include statements that are, or may be deemed to be, "forward-looking statements". These forward-looking statements may be identified by the use of forward-looking terminology, including the terms "believes", "estimates", "plans", "projects", "anticipates", "expects", "intends", "may", "will" or "should" or, in each case, their negative or other variations or comparable terminology, or by discussions of strategy, plans, objectives, goals, future events or intentions. Forward-looking statements may and often do differ materially from actual results. Any forward-looking statements reflect ProCredit Holding's current view with respect to future events and are subject to risks relating to future events and other risks, uncertainties and assumptions relating to ProCredit Holding's business, results of operations, financial position, liquidity, prospects, growth or strategies. Forward-looking statements speak only as of the date they are made. ProCredit Holding, Berenberg and equinet Bank, and their respective affiliates, expressly disclaim any obligation or undertaking to update, review or revise any forward looking statement contained in this announcement whether as a result of new information, future developments or otherwise.



12.01.2018 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.

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Language: English
Company: ProCredit Holding AG & Co. KGaA
Rohmerplatz 33-37
60486 Frankfurt am Main
Germany
Phone: +49-69-951437-0
Fax: +49-69-951437-168
E-mail: pch.info@procredit-group.com
Internet: www.procredit-holding.com
ISIN: DE0006223407
WKN: 622340
Listed: Regulated Market in Frankfurt (Prime Standard); Regulated Unofficial Market in Dusseldorf, Stuttgart, Tradegate Exchange

 
End of News DGAP News Service

644941  12.01.2018 

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