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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.
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  
End of Inside Information  
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

Image link: https://eqs-cockpit.com/cgi-bin/fncls.ssp?fn=show_t_gif&application_id=1844459&application_name=news

END) Dow Jones Newswires

February 26, 2024 00:25 ET (05:25 GMT)