United Internet AG

Related Party Transaction • Feb 1, 2002

News Details

Ad-hoc | 1 February 2002 07:35

United Internet AG english

United Internet exercises sales option for AdLINK shares Ad-hoc-announcement transmitted by DGAP. The issuer is solely responsible for the content of this announcement. ——————————————————————————– United Internet exercises sales option for AdLINK shares Public purchase offer to AdLINK shareholders to follow soon Montabaur, February 1, 2002. As of today’s date, United Internet AG exercised its put option to sell 15 percent of the capital stock in AdLINK Internet Media AG to DoubleClick Inc., New York. At the same time, DoubleClick also receives a call option for a further 21 percent of AdLINK’s capital, for which no purchase price will be charged. The sale will result in proceeds of EUR 35.5 million, providing extraordinary earnings of EUR 25.7 million for United Internet AG. In order to guarantee equal treatment for all AdLINK shareholders, United Internet AG is preparing a public purchase offer of 3.83 euros per share to AdLINK’s shareholders for 37.13 % of their respective shareholdings. Contact partner: Marcus Schaps United Internet AG Press spokesman Phone: +49 2602/96-1076 Fax: +49 2602/96-1013 E-mail: mschaps@united-internet.de end of ad-hoc-announcement (c)DGAP 01.02.2002 ——————————————————————————– WKN: 508903; ISIN: DE0005089031; Index: NEMAX50 Listed: Neuer Markt in Frankfurt; Freiverkehr in Stuttgart, München, Berlin, Bremen, Hamburg, Düsseldorf und Hannover 010735 Feb 02