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Bastei Lübbe AG M&A Activity 2015

Sep 17, 2015

46_rns_2015-09-17_a81be851-ffdf-4e7a-b9f4-f4daf1584875.html

M&A Activity

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News Details

Ad-hoc | 17 September 2015 14:45

Bastei Lübbe AG sells 3 % share in Daedalic Entertainment GmbH to British investor

Bastei Lübbe AG / Key word(s): Miscellaneous

17.09.2015 14:45

Dissemination of an Ad hoc announcement according to § 15 WpHG, transmitted
by DGAP - a service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.


Bastei Lübbe AG sells 3 % share in Daedalic Entertainment GmbH to
British investor

Cologne, 17 September 2015. British investor Blue Sky Tech Ventures Limited
acquired 3 % of the shares in Daedalic Entertainment GmbH ("Daedalic") from
Bastei Lübbe AG on the basis of a purchase agreement with effect from
today. Bastei Lübbe AG retains a 48 % share in Daedalic. In addition, Blue
Sky Tech Ventures Limited obtained an option to acquire another 5 % of the
shares in Daedalic in the next year. The British investor already has a 55
% stake in BEAM AG.

In the next four years, Daedalic is planning a considerable expansion of
its business into the development and sale of adventure games. This growth
programme is expected to be financed both with the support of Blue Sky Tech
Ventures Limited and via equity of Daedalic Entertainment GmbH. Bastei
Lübbe is deconsolidating its investment mainly as a response to Daedalic's
planned self-financing. This step is intended to prevent the temporary
increase in Daedalic's liabilities from negatively affecting Bastei Lübbe
AG's balance sheet ratios.

Contact Bastei Lübbe AG:
Barbara Fischer
Head of Press and
Event Marketing
Tel.: +49 (0) 221 / 82 00 28 50
E-mail: [email protected]

17.09.2015 The DGAP Distribution Services include Regulatory Announcements,
Financial/Corporate News and Press Releases.
Media archive at www.dgap-medientreff.de and www.dgap.de


Language: English
Company: Bastei Lübbe AG
Schanzenstraße 6 - 20
51063 Köln
Germany
Phone: 02 21 / 82 00 - 0
Fax: 02 21 / 82 00 - 1900
E-mail: [email protected]
Internet: www.luebbe.de
ISIN: DE000A1X3YY0, DE000A1K0169
WKN: A1X3YY, A1K016
Listed: Regulated Market in Frankfurt (Prime Standard); Regulated
Unofficial Market in Berlin, Dusseldorf, Hamburg, Hanover,
Stuttgart

End of Announcement DGAP News-Service