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YOC AG — M&A Activity 2014
Jul 9, 2014
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M&A Activity
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Ad-hoc | 9 July 2014 11:52
YOC AG: YOC AG sells its subsidiary belboon GmbH
YOC AG / Key word(s): Disposal/Strategic Company Decision
09.07.2014 11:52
Dissemination of an Ad hoc announcement according to § 15 WpHG, transmitted
by DGAP - a company of EQS Group AG.
The issuer is solely responsible for the content of this announcement.
YOC AG sells its subsidiary belboon GmbH
Ad-hoc statement according to Sect. 15 Securities Trading Act (WpHG)
Berlin, 9 July 2014
YOC AG (Frankfurt, Prime Standard, ISIN DE0005932735) announces the sale of
its subsidiary belboon GmbH having its registered office in Berlin to ARCUS
Capital AG (Munich). The bodies responsible of all companies involved have
agreed to this transaction. Both parties have agreed not to disclose the
purchasing price. A positive effect on the net income in the IFRS
consolidated financial statement of YOC Group 2014 amounting to around 3.2m
EUR is expected.
Thus, YOC AG sold its company unit Affiliate Marketing. The transaction
serves the consistent focus on the strategic core area of the company -
mobile advertising - and its further development.
Contact:
YOC AG
Martina Serwene
Investor Relations
Rosenstr. 17
10178 Berlin
Tel.: +49-30-726162-322
Fax: +49-30-726162-222
[email protected]
www.yoc.com
About YOC
YOC is a pioneer and first-mover in the mobile advertising industry and the
leading independent provider of mobile premium services throughout Europe.
With a portfolio of more than 300 selected international publishers such as
N24, The Sun, Eurosport, Krone, Elle, Runtastic and Publico, YOC offers
technology-driven advertising solutions. YOC has a reach of at least 25 per
cent of mobile internet users in the individual European markets. With its
own SDK infrastructure, long-term expertise and individual consulting
services, YOC is the ideal partner for publishers. YOC Audience Targeting
provides precise target-group appeal for branding and performance
objectives. International top brands such as Microsoft, Vodafone, Dior,
IBM, Ikea, Coca-Cola, Nokia, Google and Samsung highly appreciate the
innovative strength of the company in the extremely dynamic mobile
advertising market. In 2012, YOC received the Mobile Gold Award of the
Cannes Lions for the format YOC Mystery Ad. YOC has been listed on the
Prime Standard of the Frankfurt Stock Exchange since 2006 and has 90
employees in business locations in Berlin, Düsseldorf, London, Madrid,
Paris and Vienna today.
09.07.2014 DGAP's 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: YOC AG
Rosenstr. 17
10178 Berlin
Germany
Phone: +49 (0)30-72 61 62 322
Fax: +49 (0)30-72 61 62 222
E-mail: [email protected]
Internet: www.yoc.com
ISIN: DE0005932735
WKN: 593273
Listed: Regulierter Markt in Frankfurt (Prime Standard); Freiverkehr
in Berlin, Düsseldorf, München, Stuttgart
End of Announcement DGAP News-Service