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EQS-Ad-hoc: Highlight Communications AG / Key word(s): Personnel
US sanctions against Highlight Event and Entertainment AG major shareholder Alex Studhalter lifted
10-Jun-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.
Publication of inside information pursuant to Article 17 MAR
Pratteln, 10 June 2024
US sanctions against Highlight Event and Entertainment AG major shareholder Alex Studhalter lifted
Highlight Communications AG (HLC) is pleased to note that the US Office of Foreign Assets (OFAC) has removed Alexander
Studhalter, major shareholder of Event and Entertainment AG (HLEE), which controls HLC, from the US sanctions list. As
far as HLC is aware, there are therefore no longer any sanctions against the family Studhalter and the companies
managed by them. Alexander Studhalter holds a 19.99% stake in HLEE via a company controlled by him, Swiss International
Investment Portfolio AG (SWIIP). HLEE in turn holds around 53% of HLC.
After Alexander Studhalter was subject to US sanctions in November 2022, he resigned from his previous Board of
Directors mandates at HLC, HLEE and various Group companies, and his stake in HLEE fell to below 20% because of HLEE's
capital increase in autumn 2023. Even though the Highlight Group was never subject to these sanctions, the lifting of
the sanctions against Alexander Studhalter creates legal certainty, which HLC believes will strengthen the confidence
of customers, business partners and investors and facilitate a positive and valuable business performance.

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
10-Jun-2024 CET/CEST The EQS Distribution Services include Regulatory Announcements, Financial/Corporate News and Press
Releases.

Archive at www.eqs-news.com  
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: 1920995

End of Announcement EQS News Service
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1920995 10-Jun-2024 CET/CEST

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END) Dow Jones Newswires

June 10, 2024 01:00 ET (05:00 GMT)