Review of the TX Group's real estate strategy is proceeding

TX Group / Key word(s): Real Estate/Strategic Company Decision
Review of the TX Group's real estate strategy is proceeding

26-Feb-2024 / 06:25 CET/CEST
Release of an ad hoc announcement pursuant to Art. 53 LR
The issuer is solely responsible for the content of this announcement.

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In December 2022, TX Group announced that it would review and further
develop its real estate strategy in the coming years. This process is now
one step further: TX Group is evaluating the bundling of its portfolio in a
separate company and assessing forms of cooperation with specialized real
estate companies. For this purpose, TX Group talks with selected potential
partners. At this stage, it remains to be seen whether such a transaction
will materialize.

TX Group's real estate portfolio includes three newspaper printing centers.
Printing volumes are declining throughout the industry. Capacity must be
reviewed on an ongoing basis. This goes hand in hand with the question of
real estate development of the printing centers in the event of a change of
use. Considerations are ongoing. With three printing centers still in
operation, it will be possible to gradually adapt to the declining volume.

Reviewing the real estate strategy and the development of the printing
centers is an ongoing process. TX Group will inform about possible
implementation.

Contact
Ursula Nötzli, Chief Communications & Sustainability Officer, ursula.noetzli
@tx.group

About TX Group
The TX Group forms a network of platforms and participations that offers
users information, orientation, entertainment and assistance for everyday
life on a daily basis. Its roots lie in journalism with the diverse
newspapers of Tamedia and the free media of 20 Minuten. The portfolio is
complemented by the advertising marketer Goldbach. The TX Group is an anchor
shareholder of the SMG Swiss Marketplace Group and JobCloud, holds majority
stakes in Doodle and Zattoo and is an investor in the fintech sector through
TX Ventures. Founded in 1893, TX Group has been listed on the Swiss stock
exchange since 2000.
www.tx.group


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End of Inside Information

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   Language:       English
   Company:        TX Group
                   Werdstrasse 21
                   8021 Zürich
                   Switzerland
   Internet:       www.tx.group
   ISIN:           CH0011178255
   Valor:          1117825
   Listed:         SIX Swiss Exchange
   EQS News ID:    1844459

End of Announcement EQS News Service
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1844459 26-Feb-2024 CET/CEST