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Sporttotal AG
Legal Proceedings Report • Feb 15, 2018
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Legal Proceedings Report
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Ad-hoc | 15 February 2018 19:30
SPORTTOTAL AG comments on a notification of change in ownership interest
SPORTTOTAL AG / Key word(s): Investment
SPORTTOTAL AG comments on a notification of change in ownership interest
15-Feb-2018 / 19:30 CET/CEST
Disclosure of an inside information acc. to Article 17 MAR of the Regulation (EU) No 596/2014, transmitted by DGAP – a service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.
**Disclosure of insider information pursuant to Article 17 MAR
SPORTTOTAL AG, ISIN: DE000A1EMG56 / WKN: A1EMG5**
SPORTTOTAL AG comments on a notification of change in ownership interest
Köln, 15 February 2018. The Commission on Concentration in the Media (KEK) has issued a media release declaring that “BILD GmbH & Co. KG intends to buy a stake of 5 % in the capital stock of sporttotal.tv GmbH from the current sole shareholder SPORTTOTAL AG. All the limited partner shares in BILD GmbH & Co. KG and all the shares in the capital stock of its general partner, BILD Multimedia Verwaltungs GmbH, are held by AXEL SPRINGER SE.” The Management Board has declared this a statement that is typical in the run-up to a fixed contractual agreement. At the current point in time, however, the possibility of this agreement not being reached cannot be excluded. If a participating interest is agreed, this would take place in the context of option rights. The founding partners of Allianz Deutschland AG and Deutsche Post AG in the role of sponsors of sporttotal.tv GmbH can also exercise similar options.
SPORTTOTAL AG
Am Coloneum 2
50829 Cologne
phone: +49 (0) 221_7 88 77_ 0
fax: +49 (0) 221_7 88 77_ 199
Investor Relations
BSK Becker+Schreiner Kommunikation GmbH
Tobias M. Weitzel
phone: +49 (0) 177_7 21 57 60
15-Feb-2018 CET/CEST The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases.
Archive at www.dgap.de
| Language: | English |
| Company: | SPORTTOTAL AG |
| Am Coloneum 2 | |
| 50829 Köln | |
| Germany | |
| Phone: | +49 (0)221 7 88 77 0 |
| Fax: | +49 (0)221 7 88 77 199 |
| E-mail: | [email protected] |
| Internet: | www.sporttotal.com |
| ISIN: | DE000A1EMG56 |
| WKN: | A1EMG5 |
| Listed: | Regulated Market in Frankfurt (General Standard); Regulated Unofficial Market in Berlin, Dusseldorf, Stuttgart, Tradegate Exchange |
| End of Announcement | DGAP News Service |