CTS Eventim AG & Co. KGaA — M&A Activity 2010

Feb 19, 2010

News Details

Ad-hoc | 19 February 2010 14:41

CTS EVENTIM AG takes over Swiss Ticketcorner Holding AG

CTS Eventim AG / Acquisition

19.02.2010 14:41

Dissemination of an Ad hoc announcement according to § 15 WpHG, transmitted by
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The issuer is solely responsible for the content of this announcement.

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Ad-hoc Announcement Pursuant to Section 15 WpHG (Securities Trading Act)

CTS EVENTIM AG takes over Swiss Ticketcorner Holding AG

CTS EVENTIM continues successful international expansion / Takeover of
Ticketcorner Holding AG / CHF 35 million sales and 9.3 million tickets /
Joint Venture with Ringier AG planned

Munich, 19 February 2010. CTS EVENTIM AG, listed on the SDAX exchange (ISIN
DE0005470306), is continuing its successful international expansion and is
acquiring 100% of the Swiss Ticketcorner Holding AG. The contracts were
signed this Friday in Zurich.

Ticketcorner is the undisputed market leader in Switzerland, with a 60%
share of the ticketing market. In the 2009 business year, the company sold
a total of around 9.3 million tickets and generated net sales of
approximately CHF 35 million (around EUR 24 million), a normalised EBITDA
of just under CHF 9.7 million (EUR 6.6 million, after adjustment for
non-recurrent effects and after taking restructuring measures into account
on a pro forma basis), and a reported EBITDA of around CHF 6.5 million (EUR
4.4 million).

CTS EVENTIM is paying CHF 65 million (around EUR 44 million) to the former
owner, a consortium that includes CAPVIS, the private equity firm. As a
result of the takeover, Ticketcorner can now avail of the entire EVENTIM IT
infrastructure. This will produce synergies in the order of millions.
EVENTIM is Europe's leading ticketing platform, providing a unique range of
services for ticket sellers and people seeking information relating to any
aspect of live entertainment.

In December 2009, CTS EVENTIM agreed the formation of a joint venture with
Ringier AG, the biggest private media company in Switzerland. In future,
all ticketing activities in Switzerland are to be pooled in a single joint
venture.

CTS EVENTIM is Europe's market leader in the ticketing field and one of the
leading providers of Live Entertainment. More than 70 million tickets for
well over 100,000 events are sold annually using systems developed and
marketed by the EVENTIM Group. In addition to more than 8,000 stationary
box offices throughout Europe, sales via the Internet and especially via
the www.eventim.de and www.getgo.de. portals are gaining increasing
importance. In the 2008 business year, CTS EVENTIM generated EUR 404
million in revenue, an EBIT of EUR 50.3 million and Group net income of EUR
29.2 million.

The CTS EVENTIM Group expects to publish its preliminary figures for the
2009 business year in Week 8.

For further information contact:
Volker Bischoff, CFO, CTS EVENTIM AG, +49 421-3666-233

19.02.2010 Ad hoc announcement, Financial News and Media Release distributed by DGAP.
Media archive at www.dgap-medientreff.de and www.dgap.de

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Language: English
Company: CTS Eventim AG
Dingolfinger Str. 6
81673 München
Deutschland
Phone: 0421/ 3666-233
Fax: 0421/ 3666-290
E-mail: claudia.aderhold@eventim.de
Internet: www.eventim.de
ISIN: DE0005470306
WKN: 547030
Indices: SDAX
Listed: Regulierter Markt in Frankfurt (Prime Standard); Freiverkehr
in Berlin, München, Hannover, Düsseldorf, Hamburg, Stuttgart

End of News DGAP News-Service

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