Quest for Growth Quarterly report Q1 2020

In the first quarter, the net asset value per share decreased by 19.8% to € 6.51, compared to € 8.12 on 31 December 2019. A loss of € 27 million (€ 1.60 per ordinary share) was recorded, compared to a profit of € 5.8 million (€ 0.35 per ordinary share) in the first quarter of 2019.

The share price decreased by over 23% to € 4.52 on 31 March 2020, compared to € 5.90 at the end of 2019. The price discount compared with the net asset value was 30.6% at the end of the first quarter.