JDC Group AG: Austrian Investor Klemens Hallmann becomes Major Shareholder of JDC Group

Austrian Investor Klemens Hallmann becomes Major Shareholder of JDC Group

- Hallmann Holding International Investment GmbH (HHI), holding 9.14% of JDCs shares, announced substantial increase of its position

- Ownership Control Procedures with German and Austrian regulatory authorities BaFin and FMA successfully completed

- Top-class Entrepreneur Klemens Hallmann already Shareholder and Member of the JDC supervisory board

JDC Group (ISIN DE000A0B9N37), the leading Advisortech company in Europe, is informing today that Hallmann Holding International Investment GmbH (HHI), Vienna, has announced the intention to buy further blocks of shares exceeding the 9.14 percent of JDC shares held today. For this purpose, HHI successfully completed the regulatory necessary ownership control proceedings with both the German and Austrian regulatory authorities BaFin and Finanzmarktaufsicht FMA.

The Company, the management and the supervisory board of JDC welcome the announcement of HHI, as Dr. Sebastian Grabmaier, CEO of JDC-Group, comments: "As a member of JDC's supervisory board, Klemens Hallmann already is an important advisor to our company. We are glad that his holding company is now planning to substantially increase her investment to become the third major shareholder beside my partner Ralph Konrad and me."

About JDC Group AG

JDC Group AG (ISIN: DE000A0B9N37) stands for modern financial advice and intelligent financial technology for advisors and customers. In the "Advisortech" business unit, we provide our customers and advisors with modern advisory and administration technology using the Jung, DMS & Cie. Groups. While many sales and distribution partners perceive the technological transformation as a problem and the young Fintech companies as the new competitors, we perceive the "technology" factor to be a great opportunity. Solutions from the "Advisortech" business unit will help advisors in the future to take even better care of their customers and generate increased sales in their earnings. In the "Advisory" segment, we procure financial products for private end customers via free advisors, brokers and financial distributors using the FiNUM Group. With over 16,000 connected sales partners, a portfolio of more than EUR 4.5 billion and over EUR 1.4 billion in product sales each year, we are one of the market leaders in the German-speaking region.

Disclaimer:

The Directors of JDC Group AG hold a significant participating interest in JDC Group AG and have a self-interest in the nature and content of the information provided in this release.