27 November 2025 - 04:37pm
Publication of inside information in accordance with Art. 17 (1) of the Market Abuse Regulation (EU) 596/2014

Munich, 27 November 2025 PartnerFonds AG i.L. (“PartnerFonds”) has published the previously announced offer to its shareholders to exchange their PartnerFonds shares for shares of Blue Cap AG (“Blue Cap”) currently held by PartnerFonds. In this context, PartnerFonds informed the Management Board of Blue Cap today about the terms and conditions of the share exchange offer.

Under the terms of this offer, PartnerFonds is offering its shareholders the opportunity to exchange their PartnerFonds shares for Blue Cap shares held by PartnerFonds. The Blue Cap share has been assigned a fair market value of EUR 26.36 per share. This represents a premium of 40.2% to the closing price in XETRA trading on the Frankfurt Stock Exchange as of November 26, 2025. The acceptance period for the exchange offer expires on December 12, 2025.

PartnerFonds currently holds 27.1% of Blue Cap’s registered share capital. The exchange offer has the potential to significantly change Blue Cap’s shareholder structure and substantially reduce PartnerFonds’ ownership stake in Blue Cap.

Blue Cap’s other long-term anchor shareholders hold the following interests in the company’s share capital:
• JotWe GmbH: 15.2%
• Kreissparkasse Biberach: 13.6%
• Schüchl GmbH: 10.5%