We revise Taaleri's target price to EUR 12.5 (previous EUR 11.5) and reiterate our Accumulate recommendation. The company continues with decisive actions to materialize the value of its parts and the next steps for this are clear.  Materializing the value of parts still offers a solid return expectation for coming years and if the strategy is successful there is clear value creation potential in the Private equity funds business as well.

TAALERI PLC                 PRESS RELEASE                8 JULY 2021 AT 14:45 (EEST)

Taaleri executed the sale of Taaleri Housing Fund VI successfully

Taaleri Private Equity Funds Ltd has sold the shares of Taaleri Housing Fund VI Ky to a fund managed by the German PATRIZIA AG with a deed of sale signed today 8 July 2021.

The sale of the fund was executed very successfully. The purchase price is approximately EUR 145 million. The fund clearly exceeds its targets and almost doubles the capital invested by investors.

TAALERI PLC                PRESS RELEASE                23 JUNE 2021 AT 9:15 (EEST)

Taaleri’s associated company Fintoil secured EUR 80 million senior debt package and reached financial close of its biorefinery investment

TAALERI PLC        STOCK EXCHANGE RELEASE                 17 JUNE 2021 AT 16:10 (EEST)

Taaleri Plc’s Board of Directors resolved on share-based incentive plan