NEXTSTAGE (EPA:NEXTS) NextStage confirms its investment ambitions for 2018

Transparency directive : regulatory news

08/08/2018 18:08

PRESS RELEASE

NextStage confirms its investment ambitions for 2018

Paris, France, August 8, 2018 - NextStage, an investment company listed on the
Euronext Paris regulated market (ISIN: FR0012789386, Symbol: NEXTS), focused on
long-term investments in Medium-Sized Companies,(1) (hereafter, the 'Company')
is pleased to announce that it has committed 38 million euros to date out of an
investment objective of 50 million euros for the year 2018. In addition to
re-investments in several of holdings experiencing rapid growth, NextStage has
finalized three new transactions as at August 8, 2018, including two new
investments that are already made, and an investment protocol signed in view to
a new equity participation. NextStage will communicate further on these new
investments prior to the publication of its H1 results, scheduled for September
12th, 2018. NextStage is also announcing, subject to market conditions, a
capital increase by private placement in the coming months to continue
strengthening the Company's investment and re-investment capabilities.

A strong momentum of growth and portfolio transformation that supports the need
to reinforce capital base

Since the beginning of the 2018 fiscal year, the holdings in our portfolio have
shown solid growth and transformation, both organic and external. The overall
performance achieved confirms the unique character of NextStage's investment
strategy and further strengthens the Company's strategic goals, highlighting
the need to increase our capital base.

In order to support the dynamic growth of its holdings and deploy its long-term
strategy with a target portfolio of 40 to 50 companies holdings and a target of
500 million euros in capital by 2020, NextStage is considering an expansion of
its capital base via a capital increase by private placement in an amount
intended to cover investments made during 2018. This operation could be
completed by the end of 2018, assuming appropriate market conditions and the
continued advancement of the investment program. Further operations,
potentially involving shareholders in the Company, may be considered at a later
date, depending on the investment pace.

Schedule
- September 12, 2018: Q2 Net Asset Value and results for H1 2018
- November 21, 2018: Net Asset Value for Q3 2018

(1) Mid-sized Companies are defined as those with annual revenues of between 10
and 500 million euros.

About NextStage

NextStage is an investment platform created in March 2015 and listed on the
Euronext Paris market (Compartment B) since December 2016. Specialized in
long-term investments in Medium-Sized Companies (MSCs) exhibiting growth and
innovation, it thus grants access to an unlisted and often inaccessible class
of assets that drives growth, job creation and financial performance. Its
holdings are equity investments made with little or no leverage over an
unlimited time frame to fund the growth of MSCs and their capacity to innovate
in their core businesses alongside visionary entrepreneurs. NextStage is backed
by the know-how and stability of the asset management firm NextStage AM, which
was founded in 2002. NextStage is governed by the tax laws for SCR.(2) The
firm's equity is held by prominent shareholders such as Temaris, Téthys, AXA,
Ardian, Amundi... NextStage is developing an innovative and ambitious approach
designed to accelerate the growth of "national champion" MSCs' around four
fundamental cross-functional investment themes in connection with the third
industrial revolution: the emotional and quality of customer experience
economy; the on-demand and sharing economy; the Internet of things and positive
(green) growth.

NextStage is listed on the Euronext Paris Compartment B regulated exchange
(ISIN: FR0012789386; Symbol: NEXTS). www.nextstage.com/sca

Contacts

NextStage

Gwenael Hedoux
gh@nextstage.com
+33 1 53 93 49 40

Stéphanie Nizard
sn@nextstage.com
+33 1 44 29 99 01

Shan Florent Alba
florent.alba@shan.fr
+33 1 44 50 51 71

Alexandre Daudin
alexandre.daudin@shan.fr
+33 1 44 50 51 76

Additional information available from info-investor@nextstage.com

(2) SCR: Société de Capital Risque

Important Information

This press release and the information it contains in no way constitute an
offer to sell or subscribe to, nor a solicitation to purchase NextStage shares
or any other financial instruments in any country whatsoever.

The publication, distribution or broadcasting of this press release in certain
countries may constitute a violation of legal or regulatory provisions in force
there. Persons physically present in these countries must, if and when this
press release is broadcast, distributed or published there, enquire as to such
potential local restrictions and comply with them. NextStage assumes no
responsibility for any violation of these restrictions by any person
whomsoever.

Forward-looking Statements

This press release contains forward-looking statements. Forward-looking
statements are statements that are not historical facts. Such statements
include, but are not restricted to, projections and estimates-as well as the
assumptions upon which they are based-statements relating to projects,
objectives, intentions and expectations regarding financial results, events,
operations, future services, the development of products and their potential or
future performance.

Forward-looking statements can often be identified by the words "expect,"
"anticipate" "believe," "intend", "estimate", "plan", "potential", "could" or
"will" as well as other similar terms. Although the management of NextStage
believes that these forward-looking statements are reasonable, investors are
cautioned that forward- looking statements are subject to a number of risks and
uncertainties, which are difficult to predict and generally beyond the control
of NextStage, and that actual events may differ significantly from those
expressed, implied or anticipated in such forward-looking information and
statements. These risks and uncertainties include those described in the public
documents filed by NextStage with the French Financial Markets Authority, the
Autorité des Marchés Financiers, including those listed in Chapter 4: "Risk
Factors," of the 2017 NextStage Registration Document registered with the.
Autorité des Marchés Financiers on April 26, 2018 under the number
R.18-0025.

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