Highlight Communications AG: Sport1 Medien AG sells 50% stake in Sport1 GmbH
as part of comprehensive co-operation
EQS-Ad-hoc: Highlight Communications AG / Key word(s): Strategic Company
Decision
Highlight Communications AG: Sport1 Medien AG sells 50% stake in Sport1 GmbH
as part of comprehensive co-operation
23-Feb-2024 / 07:00 CET/CEST
Disclosure of an inside information acc. to Article 17 MAR of the Regulation
(EU) No 596/2014, transmitted by EQS News - a service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.
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Publication of inside information pursuant to Article 17 MAR
Pratteln, 23 February 2024
Sport1 Medien AG sells 50% stake in Sport1 GmbH as part of comprehensive
co-operation
Sport1 Medien AG, a wholly-owned subsidiary of Highlight Communications AG,
has tonight agreed a comprehensive co-operation with the international media
and entertainment company ACUNMEDYA, based in Istanbul, which includes the
sale of 50 percent of the shares in the subsidiary Sport1 GmbH for a
purchase price of 30 million Euro.
ACUNMEDYA has undertaken to produce its internationally successful
entertainment and sports entertainment programmes for Sport1. Highlight
Communications AG will continue to fully consolidate Sport1 GmbH for
accounting purposes.
The completion of the transaction is subject to various conditions, in
particular media and antitrust approvals.
Further information:
HIGHLIGHT COMMUNICATIONS AG
Investor Relations
Netzibodenstrasse 23b
CH-4133 Pratteln BL
Phone: +41 (0)61 816 96 91
Email: ir@hlcom.ch
End of Inside Information
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23-Feb-2024 CET/CEST The EQS Distribution Services include Regulatory
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Language: English
Company: Highlight Communications AG
Netzibodenstrasse 23b
4133 Pratteln
Switzerland
Phone: +41 61 816 96 96
Fax: +41 61 816 67 67
E-mail: ir@hlcom.ch
Internet: www.hlcom.ch
ISIN: CH0006539198
WKN: 920299
Listed: Regulated Market in Frankfurt (Prime Standard);
Regulated Unofficial Market in Berlin, Dusseldorf,
Hamburg, Hanover, Munich, Stuttgart, Tradegate Exchange
EQS News ID: 1843513
End of Announcement EQS News Service
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1843513 23-Feb-2024 CET/CEST