Constantin Medien AG, DE0009147207

Constantin Medien AG, DE0009147207

12.06.2017 - 18:02:42

Constantin Medien AG: Possible loss of majority shareholding in Highlight Communications AG and possible deconsolidation of Highlight Communication AG; Constantin Medien AG is taking legal action against capital increase of Highlight Communica

Ismaning, 12]. June 2017 - Highlight Communications AG ("HLC"), a subsidiary of Constantin Medien AG, announced today that is has increased its share capital to a total of CHF 63,000,000 by issuing 15,750,000 new shares to Highlight Event and Entertainment AG. By this capital increase which in order to become effective has to be registered in the commercial register of HLC, the portion of Constantin Medien AG in the share capital of HLC and thus also the voting rights share will be diluted from approx. 60.53% to approx. 45.4%. Constantin Medien AG is taking legal action against the execution of the capital increase so that it is uncertain if it will come into effect. The loss of majority shareholding and majority of the voting rights in HLC could result in the situation that in the future HLC will no longer belong to the group of fully consolidated subsidiaries of Constantin Medien AG.Contact: Contact PR: Constantin Medien AG, Sabine Lais, Phone: +49 (0) 89 - 99 500 461, Fax: +49 (0) 89 - 99 500 466, E-Mail: sabine.lais@constantin-medien.de Frank Elsner Kommunikation für Unternehmen GmbH, Phone: +49 (0) 5404 - 91 92 0, Fax: +49 (0) 5404 - 91 92 29 Contact IR: Constantin Medien AG, Dr. Peter Braunhofer, Phone: +49 (0)89 - 99 500 436, Fax: +49 (0)89 - 99 500 433, E-Mail: ir@constantin-medien.de Constantin Medien AG, Münchener Straße 101g, 85737 Ismaning, Phone: +49 (0)89 - 99 500 0, Fax: +49 (0)89 - 99 500 111

12-Jun-2017 CET/CEST The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases. Archive at www.dgap.de

Language: English

Company: Constantin Medien AG Münchener Straße 101 g 85737 Ismaning

Germany Phone: 089 / 99500-436 Fax: 089 / 99500-433 E-mail: ir@constantin-medien.de Internet: http://www.constantin-medien.de ISIN: DE0009147207, DE000A1R07C3 WKN: 914720, A1R07C Listed: Regulated Market in Frankfurt (Prime Standard); Regulated Unofficial Market in Berlin, Dusseldorf, Hamburg, Munich, Stuttgart, Tradegate Exchange   End of Announcement DGAP News Service

582371  12-Jun-2017 CET/CEST

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