SCF, quoted on Euronext Brussels, is the holding company of a.o. the specialty retail chain E5-mode.
This transaction fits in the wish of majority shareholder Shopinvest to delist SCF from the stock exchange.
Shopinvest and Sofinim expect this transaction to be closed before summer.
The envisaged transaction shall result in a capital gain of 3,6 million at the level of Ackermans & van Haaren (part of the group).
Antwerp, 20 April 2006
For further information please contact :
André-Xavier Cooreman COO Sofinim NV Tel.: +32 3 231 87 70
All press releases issued by AvH and its most important group companies as well as the 'Investor Presentation' can also be consulted on the AvH website: www.avh.be.
Ackermans & van Haaren is a diversified group active in 4 key sectors: dredging, environmental and construction services (DEME, one of the largest dredging companies in the world - Algemene Aannemingen Van Laere, a leading contractor in Belgium), financial services (Bank Delen, one of the largest independent private asset managers in Belgium - Bank J.Van Breda & C°, niche bank for entrepreneurs and liberal professions), private equity (Sofinim, one of the largest private equity providers in Belgium, and GIB) and Real Estate (Leasinvest Real Estate-Extensa, an important real estate developer and investor in Belgium/Luxembourg). The group concentrates on a limited number of strategic participations with an important potential for growth. Market capitalisation of AvH is approximately ¤ 1.7 billion. AvH is included in the BEL Mid index and is a member of Euronext Next Prime.