TIDMPEY TIDMPEYS

RNS Number : 7736O

Princess Private Equity Holding Ltd

12 October 2021

News Release

Guernsey, 12 October 2021

Partners Group to expand the shareholder base of Foncia

Partners Group, the Investment Manager of Princess Private Equity Holding Limited ("Princess"), is expanding the shareholder base of Foncia, a European leader in residential property management services. Incoming shareholder TA Associates, a private equity firm, has agreed to acquire a 25% stake in Foncia, while Partners Group will continue to hold a majority stake in the Company on behalf of its clients.

The transaction values Princess' stake in Foncia at approximately EUR 48.9 million. Princess will retain an exposure of approximately EUR 48.0 million following closing of the transaction. This compares to a carrying value of EUR 52.4 million at 31 August 2021.

Further information is available in the press release issued by Partners Group.

Ends.

About Princess

Princess is an investment holding company founded in 1999 and domiciled in Guernsey. It invests, inter alia, in private equity and private debt investments. Princess is managed in its investment activities by Partners Group, a global private markets investment management firm with USD 119 billion in investment programs under management in private equity, private debt, private real estate and private infrastructure. Princess aims to provide shareholders with long-term capital growth and an attractive dividend yield. Princess is traded on the Main Market of the London Stock Exchange (ticker: PEY for the Euro Quote; PEYS for the Sterling Quote).

Contacts

Princess Private Equity Holding Limited:

princess@partnersgroup.com

www.princess-privateequity.net

Registered Number: 35241

LEI: 54930038LU8RDPFFVJ57

Investor relations contact

George Crowe

Phone: +44 20 7575 2771

E-mail: george.crowe@partnersgroup.com

Media relations contact

Jenny Blinch

Phone: +41 41 784 65 26

E-mail: jenny.blinch@partnersgroup.com

www.partnersgroup.com

This document does not constitute an offer to sell or a solicitation of an offer to buy or subscribe for any securities and neither is it intended to be an investment advertisement or sales instrument of Princess Private Equity Holdings. The distribution of this document may be restricted by law in certain jurisdictions. Persons into whose possession this document comes must inform themselves about and observe any such restrictions on the distribution of this document. In particular, this document and the information contained therein is not for distribution or publication, neither directly nor indirectly, in or into the United States of America, Canada, Australia or Japan.

This document may have been prepared using financial information contained in the books and records of the product described herein as of the reporting date. This information is believed to be accurate but has not been audited by any third party. This document may describe past performance, which may not be indicative of future results. No liability is accepted for any actions taken on the basis of the information provided in this document. Neither the contents of Princess' website nor the contents of any website accessible from hyperlinks on Princess' website (or any other website) is incorporated into, or forms part of, this announcement.

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October 12, 2021 02:00 ET (06:00 GMT)

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