Stock Exchange Release - 16 January 2008
CapMan Plc’s EPS for the period of January - September 2007 was EUR 0.25. According to the preliminary figures CapMan Plc’s profit for the last quarter of 2007 will be negative as a result of fair value changes of fund investments. The changes relate to certain individual investments and to funds’ costs. As a whole the fair value of fund investments has developed favourably in 2007 and the return on fund investments will exceed their targeted annual return level of 15 per cent.
The preliminary figures announced are un-audited. CapMan Plc will publish its financial statements bulletin for the year 2007 on Wednesday 31 January 2008.
For more information, please contact:
Heikki Westerlund, CEO, CapMan Plc, tel. +358 207 207 504 or +358 500 559 6580
CapMan is one of the leading alternative asset managers in the Nordic countries andmanages Nordic funds with approximately EUR 3 billion in total capital. CapMan has four investment areas (CapMan Buyout, CapMan Technology, CapMan Life Science and CapMan Real Estate), and each of them has a dedicated team. Altogether CapMan employs around 100 people in Helsinki, Stockholm, Copenhagen and Oslo. CapMan was established in 1989 and its B shares are listed on the Helsinki Stock Exchange since 2001.