DGAP-News: Mountain Alliance AG: Mountain Alliance AG realizes higher partial proceeds from the IPO of Exasol AG through placement of greenshoe option

DGAP-News: Mountain Alliance AG / Key word(s): Miscellaneous
Mountain Alliance AG: Mountain Alliance AG realizes higher partial proceeds from the IPO of Exasol AG through placement of greenshoe option

09.06.2020 / 09:30
The issuer is solely responsible for the content of this announcement.

Mountain Alliance AG realizes higher partial proceeds from the IPO of Exasol AG through placement of greenshoe option

Munich, June 9, 2020 - Mountain Alliance AG (ISIN DE000A12UK08) has successfully placed additional shares in the course of the full placement of the over-allotment option ("Greenshoe Option") by Hauck & Aufhäuser Privatbankiers AG as lead manager in the IPO of Exasol AG.

Exasol, technology leader in the field of in-memory analytics databases, successfully placed 5.1 million shares from a cash capital increase in the course of the IPO and, due to very strong demand, 4.13 million shares including the greenshoe option from existing shareholders on the market. In total, the Mountain Alliance Group has realized exit proceeds in the mid seven-digit Euro range from its investment in Exasol since its entry into the company at the end of 2018. The company, which held 5.2% of the Exasol shares prior to the IPO, continues to hold 1.98% of the listed Exasol AG.

"We are very pleased with the overwhelming success of the IPO of our portfolio company. The high level of interest in Exasol, both in terms of subscriptions and via the stock exchange, demonstrates the quality of our investment on the one hand and reflects the great interest of investors in high-growth companies with a digital business model on the other. This provides impressive proof that Mountain Alliance is pursuing the ideal investment approach with its focus on digital growth champions," said Daniel Wild, CEO of Mountain Alliance AG.


About Mountain Alliance AG:
Mountain Alliance AG (MA) (ISIN: DE000A12UK08) is an operative investment company whose shares are listed in the SME segment m:access of the Munich Stock Exchange and in the Basic Board of the Frankfurt Stock Exchange. As a lean, transparent and experienced investor, the company is dedicated to the industry of the future, in which it has many years of know-how and an excellent network: the digital business. Mountain Alliance AG currently holds portfolio companies in four segments: Technology, Digital Business Services, Digital Retail and Meta-Platforms & Media. Through its listing MA enables its shareholders a simple access to a diversified portfolio of digital assets.


Contact:
Mountain Alliance AG
Manfred Danner
Management Board
Bavariaring 17
80336 Munich
phone: +49 89 2314141 00
fax: +49 89 2314141 11
e-mail: danner@mountain-alliance.de
www.mountain-alliance.de

CROSS ALLIANCE communication GmbH
Susan Hoffmeister
Investor Relations
Bahnhofstr. 98
82166 Graefelfing/Munich
phone: +49 89 1250903-30
e-mail: sh@crossalliance.de
www.crossalliance.de


09.06.2020 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

Language: English Company: Mountain Alliance AG Bavariaring 17 80336 München Germany Phone: +49 89 231 41 41 00 Fax: +49 89 231 41 41 11 E-mail: danner@mountain-alliance.de Internet: www.mountain-alliance.de ISIN: DE000A12UK08 WKN: A12UK0 Listed: Regulated Unofficial Market in Berlin, Dusseldorf, Frankfurt (Basic Board), Munich (m:access), Stuttgart, Tradegate Exchange EQS News ID: 1065553
  End of News DGAP News Service

1065553  09.06.2020