JDC Group AG (ISIN: DE000A0B9N37) offers a digital platform for insurance, investment funds and all other financial products and services under the brands Jung, DMS & Cie., allesmeins and Geld.de.
By offering and processing all product providers of the financial market with a complete product range and complete data and document supply, it creates the perfect workplace for financial intermediaries of all kinds (brokers, representatives, affiliated intermediaries, banks, exclusivity organizations, FinTechs) and the first real financial home for financial services customers via its vision systems and interfaces.
Via smartphone app, tablet or PC, customers and intermediaries receive a complete overview of the individual insurance and fund portfolio, simple closing routes and transfer options and also a complete market comparison, so that customers and advisors can easily optimize their insurance portfolio and commissions in an ideal performance-cost ratio.
About 300 well-trained consultants under the FiNUM brand complement the platform offering for demanding and upscale private customers. With more than 16,000 connected platform users, around 1.5 million customers, annual sales of around two billion euros, a fund portfolio of over five billion euros and annual insurance premiums of 850 million euros, we are one of the market leaders in the German-speaking world.
JDC is committed to sustainability and is committed to ESG criteria: As a digitization service provider, JDC helps to save many tons of paper and make everyday life easier for financial intermediaries and customers.
Founding date: 26.01.2004
ISIN / WKN / Abbr.: DE000A0B9N37 / A0B9N37 / JDC
Market segment: Scale (Open Market)
End of financial year: 31.12.
Accounting principles: Year-end closing after IFRS
Quantitiy of shares: 13.668.461 shares
Capital stock: 13.668.461 Euro
Dr. Sebastian Grabmaier: Corporate Strategy, IR, HR, Regulatoy Affairs, Products
Ralph Konrad: Finance, Legal/Compliance/Risk, Data Protection, IT and Investment Management/M&A
Marcus Rex: Sales, marketing, project and sales partner management
Jens Harig (Chairman)
Prof. Dr. Markus Petry (Vice Chairman)
Dr. Igor Radovic
Dr. Peter Boße
Share structure (as of: 10.02.2023)
Shareholders: shares current in %
Great-West Lifeco: 26,9 %
Management: 11,1 %
Versicherungskammer Bayern: 6,0 %
Freefloat: 51,0 %
JDC own shares: 5,0 %
Specialist: ICF BANK AG
Enrolee: Flatex Bank AG
Capital Market Partner: Krammer Jahn Rechtsanwälte PartG mbB
Designated Sponsor: mwb fairtrade Wertpapierhandelsbank AG
Information on the share buyback programme of JDC Group AG
The Management Board of JDC Group AG has decided with the approval of the Supervisory Board on 14 June 2022 to repurchase a maximum of up to 200,000 own shares of JDC Group AG via the stock exchange. The total volume of the share buyback is set at a maximum of EUR 5 million excluding incidental costs. The buyback programme is to be completed by 22 July 2022 at the latest.
The repurchase will be carried out via the stock exchange. The buyback will be conducted under the guidance of a securities firm or a credit institution in accordance with the safe harbour provisions of Article 5 of Regulation (EU) No 596/2014 of the European Parliament and of the Council of 16 April 2014 in conjunction with the provisions of Commission Delegated Regulation (EU) 2016/1052 of 8 March 2016. The mandated securities firm or credit institution will make its decisions on the timing of the share buyback independently of and without influence by JDC Group AG. The consideration per share paid by the Company (excluding incidental acquisition costs) may not exceed the price of a JDC Group share determined by the opening auction in Xetra trading (or a comparable successor system) on the trading day by more than 10% or fall below it by more than 20%.
The resolution follows the authorisation of the Annual General Meeting to acquire own shares of 24 August 2018. The shares may be used for all purposes specified in the authorisation of the Annual General Meeting. This includes, in particular, the use of the shares as consideration in the context of the acquisition of companies and the servicing of employee participation programmes.
The buyback programme shall take place in compliance with the requirements of Articles 5, 14 and 15 of Regulation (EU) No 596/2014 of the European Parliament and of the Council of 16 April 2014 (Market Abuse Regulation) in conjunction with the provisions of Commission Delegated Regulation (EU) No 2016/1052 of 8 March 2016 (Delegated Regulation), with the exception of the purpose of the buyback. This is broader than provided for by Art 5 (2) of the Market Abuse Regulation.
In addition, the Executive Board, with the consent of the Supervisory Board, has resolved to propose to the Annual General Meeting, which is to be held on 27 July 2022, to cancel the authorisation granted at the Annual General Meeting of 24 August 2018 to acquire own shares and to have a new authorisation replace the authorisation granted by the Annual General Meeting of 24 August 2018 to acquire own shares pursuant to § 71 para. 1 no. 8 of the German Stock Corporation Act (AktG), which is to be valid until 26 July 2027. If the Annual General Meeting should again authorise the Company to acquire and use treasury shares, the repurchase of treasury shares will continue from 28 July 2022 until 23 December 2022.
In this case, the Executive Board plans to acquire a total of up to 200,000 treasury shares on the stock exchange under the aforementioned conditions, including the treasury shares acquired under the share buyback programme described above until 22 July 2022, and to use them for all purposes specified in the authorisation of the Annual General Meeting of 27 July 2022.
The further acquisition of treasury shares from 28 July 2022 onwards shall also be carried out under the guidance of a securities firm or a credit institution in accordance with the safe harbour provisions of Article 5 of Regulation (EU) No 596/2014 of the European Parliament and of the Council of 16 April 2014 in conjunction with the provisions of Commission Delegated Regulation (EU) 2016/1052 of 8 March 2016.
Overview of acquisitions made under the buy-back programme (1 August 2022 to 31 December 2022)
(pursuant to Art. 5 para. 3 of Regulation (EU) No. 596/2014 in connection with Art. 2 para. Art. 2 para. 2 and 3 of Del. Commission Regulation (EU) 2016/1052)
|Datum||Zurückgekaufte Aktien (Stück)||Durchschnittspreis (in EUR)||Kurswert gesamt (in EUR)||Transaktionen|
The following list includes those banks and organizations regularly compiling reports on JDC Group AG. This list makes no claim to be complete.
|Edison||E. de Jong||17.04.23||JDC Group — Strong results in a difficult market||32,5|
|Hauck & Aufhäuser||T. Wunderlich||13.04.23||FY 22 ending with a whimper||30,0||buy|
|Stifel||B. Kohnke||29.03.23||Market headwinds should prove temporary||30,0||buy|
|Stifel||B. Kohnke||10.03.22||20% growth beyond 2022 readsreassuringly||38,0||buy|
|Stifel||B. Kohnke||28.11.22||A plethora of growth opportunities rendermid-term targets highly conservative||31,0||buy|
|Stifel||B. Kohnke||28.01.22||Still a stock to own in 2022||38||buy|
|Stifel||B. Kohnke||14.10.21||Travel but far from arriving – PT raise to €37||37||buy|
|Hauck & Aufhäuser||T. Wunderlich||29.09.21||On track for further outperformance; chg. est. & PT||42||buy|
|Kepler Chevreux||O. Calvet||28.09.21||VKB takes a c.4% stake through a EUR10.7m capital increase||10,1||hold|
|Hauck & Aufhäuser||T. Wunderlich||21.09.21||Roadshow reveals upside to growth expectations||32||buy|
|Stifel||B. Kohnke||30.04.21||A leader in German Insurtech – but not valued as such||21||buy|
|Hauck & Aufhäuser||T. Wunderlich||09.03.21||Conference Call Feedback: growth story to unfold||22||buy|
|Hauck & Aufhäuser||T. Wunderlich||15.02.21||A transformative deal; Up to BUY||22||buy|
|Kepler Chevreux||O. Clavet||12.02.21||Strategic shift with Provinzial Group||10,1||hold|
|Hauck & Aufhäuser||T. Wunderlich||24.11.20||Soft Q3, Guidance cut; down to HOLD on valuation||10||hold|
|Stifel||B. Kohnke||19.11.20||Just at the very beginning of its growth trajectory||13||buy|
|Kepler Cheuvreux||O. Clavet||16.11.20||Q3 results, FY sales guidance taken down a notch||7,8||buy|
|Edison||E. de Jong||26.08.20||Business model proves resilient to COVID-19||8||buy|
|Stifel||B. Kohnke||05.05.20||Winning in the crisis – Bancassurance is driving the business||9||buy|
|Stifel||B. Kohnke||23.11.19||JDC remains an underappreciated growth story||9||outperform|
|Kepler Cheuvreux||O. Clavet||21.11.19||Solid Q3 results||7,7||buy|
|Mainfirst||B. Kohnke||27.08.19||Outsourcing partner business is set to accelerate||9||outperform|
|Hauck & Aufhäuser||T. Wunderlich||26.08.19||Q2 out: Solid across the board; FY guidance confirmed||7,3||buy|
|Mainfirst||B. Kohnke||31.07.19||InsurTech at an inflection point – initiate with Outperform||9||outperform|
|EDISON||M. Papst||09.05.19||White label solutions attract new clients||6,8||buy|
2. Earnings Call presentations and webcasts
Ad Hoc Disclosures
|9 March 2023||Preliminary financial results 2022|
|9 March 2023||Earnings Call Financial Year 2022|
|31 March 2023||Consolidated Financial Statements 2022|
|21 April 2023||Roadshow in Dublin|
|11 May 2023||First Quarter 2023 letter to shareholders|
|Earnings Call First Quarter 2023 letter to shareholders|
|16 May 2023||Equity Forum Frühjahrskonferenz/ Frankfurt|
|20 July 2023||2023 Annual General Meeting|
|10 August 2023||Interim Report for First Half of 2023 Financial Year|
|Earnings Call Interim Report for First Half of 2023 Financial Year Register now|
|8 November 2023||Third Quarter 2023 letter to shareholders|
|Earnings Call Third Quarter 2023 letter to shareholders|
|27-28 November 2023||Deutsches Eigenkapitalforum|
Annual General Meeting
|Continuing operations in kEUR||12 months 2022||12 months 2021||Year-on-year change in %|
|of which Advisortech segment||132,854||121,023||9.78%|
|of which Advisory segment||34,720||35,696||-2.73%|
|of which Holding/Consolidation segment||-13,561||-9,911||36.83%|
|operational Earnings before interest, taxes, depreciation and amortization (EBITDA)||8,966||8,308||7.92%|
|operational Earnings before interest and taxes (EBIT)||2,914||2,911||0.10%|
|Earnings before taxes (EBT)||1,102||1,406||-21.62%|
|Equity in mEUR||36,971||38,817||-4.76%|
|Equity ratio in %||32.7||31.9|
Head of Investor Relations
JDC Group AG
Fon: +49 (0)611 335322-00
Fax: +49 (0)611 335322-09
Articles of Association
|Satzung JDC Group AG|
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