Splendid Medien AG

M&A Activity • Dec 13, 2022

News Details

Related Party Transactions | 13 December 2022 13:11

splendid medien AG: Release according to Article 111c of the AktG [the German Stock Corporation Act] with the objective of Europe-wide distribution

splendid medien AG / Release of an announcement according to Article 111c of the AktG [the German Stock Corporation Act]

splendid medien AG: Release according to Article 111c of the AktG [the German Stock Corporation Act] with the objective of Europe-wide distribution

13.12.2022 / 13:11 CET/CEST

Dissemination of a Related Party Transactions announcement transmitted by EQS News – a service of EQS Group AG.

The issuer is solely responsible for the content of this announcement.

splendid medien AG: Release of Related Party Transactions according to § 111c AktG with the aim of Europe-wide distribution

Cologne, December 13, 2022 – Mr. Andreas R. Klein, majority shareholder of Splendid Medien AG (WKN 727950, ISIN DE0007279507) and thus related party within the meaning of Section 111a of the German Stock Corporation Act (AktG), concluded supplementary agreements to the loan agreement dated 21 December 2021 and to the supplementary agreement to the 2019 loan agreement dated 21 December 2021 with Splendid Medien AG, Cologne, on 8 December 2022. Accordingly, Mr Andreas R. Klein is granting Splendid Medien AG an unsecured loan totalling EUR 2.5 million with a term until 31 December 2024. The agreed interest of 8 % p.a. from 1 January 2023 is due monthly. The Supervisory Board approved the conclusion of the supplementary agreements to the loan agreements on 8 December 2022.

---

13.12.2022 CET/CEST The EQS Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases.

Archive at www.eqs-news.com

---

Language:	English
Company:	splendid medien AG
	Lichtstr. 25/Eingang F
	50825 Köln
	Germany
Internet:	www.splendidmedien.com

End of News	EQS News Service