20.06.2024 13:35:55 - EQS-News: Your Family Entertainment AG resolves capital increase of up to 10%

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EQS-News: Your Family Entertainment AG / Key word(s): Corporate Action/Capital Increase
Your Family Entertainment AG resolves capital increase of up to 10%
2024-06-20 / 13:34 CET/CEST
The issuer is solely responsible for the content of this announcement.
Corporate News

Your Family Entertainment AG resolves capital increase of up to 10%
Munich, June 20, 2024 - The Management Board and Supervisory Board of Your Family Entertainment AG (YFE), Munich, (ISIN
DE000A161N14) have decided to carry out a capital increase of up to 10% of the share capital with the exclusion of
subscription rights. This measure is carried out by partially utilizing the Authorized Capital 2022 and is in line with
the ad hoc announcement already published by YFE on February 1, 2024.
The share capital of YFE is to be increased from EUR 15,313,196 to up to EUR 16,736,660 by issuing up to 1,423,464 new
no-par value shares. The new shares are to be placed with selected investors as part of a private placement. The
placement price of the new shares is EUR 3.00 per share. The new shares are entitled to dividends from January 1, 2024.
The company expects gross issue proceeds of up to EUR 4.3 million from the capital measure. The issue proceeds are to
be used in particular to build up capacities, expertise and partnerships in the field of artificial intelligence (AI)
as well as for potential new productions and new products from the YFE rights catalog.
YFE intends to use the funds from this capital increase to take advantage of the opportunities offered by artificial
intelligence (AI) to further increase the number of language versions and thus the reach of the children's program.
Through the use of AI technologies, YFE plans to create new markets overall, e.g. to create new high-quality language
versions through AI-supported dubbing and thus open up new regional markets. In addition to overcoming language
barriers, the award-winning content will also be made accessible through subtitling and audio description. Quality
assurance ensures that the high language quality of the dubbing is maintained and even improved to meet the highest
standards.
In addition, AI technology allows the extensive YFE library to be digitally reworked and new, high-resolution and
noise-free versions in the highest image quality (4K) to be created and marketed worldwide.
In future, operational TV and digital channel management is to be carried out digitally with the help of AI, thus
enabling considerable scaling of capacities both nationally and internationally.
The aim is to further consolidate YFE as a leading provider of family-friendly entertainment and to tap into
considerable new sales and growth potential.
This transformation of YFE into a technology-driven media company, based on one of the largest rights catalogs for
family entertainment in German-speaking Europe, is taking place gradually and with clearly defined milestones.
Small & Mid Cap Investmentbank AG, Munich, will offer the new shares to selected investors as part of the private
placement. The capital increase is to be entered in the commercial register by November 30, 2024 at the latest.

About Your Family Entertainment AG
The Munich-based German company Your Family Entertainment AG (WKN: A161N1, ISIN: DE000A161N14, abbreviation: RTV) (YFE)
stands as a leading producer and distributor of high-quality children's and family programming. YFE owns and operates
one of Europe's largest channel-independent libraries. Each content piece is meticulously curated to be educational,
entertaining, and devoid of violence. Further expanding its offerings, YFE powers the globally recognized pay TV
channel "Fix&Foxi TV", the free-to-air "RiC TV", and a myriad of mobile and digital channels. In December 2021, YFE
celebrated a strategic alliance by welcoming Kartoon Studios (NYSE: TOON) as its significant shareholder, forging a
robust path to a global "Content with a Purpose" collaboration.

Contact:
Your Family Entertainment AG
Michael Huber
Tuerkenstrasse 87
80799 Munich
Germany
Tel.: +49 (0) 89 99 72 71-0
E-Mail: michael.huber@yfe.tv
www.yfe.tv
2024-06-20 CET/CEST Dissemination of a Corporate News, transmitted by EQS News - a service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.
The EQS Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases.
Archive at www.eqs-news.com  
Language:     English 
Company:      Your Family Entertainment AG 

Türkenstraße 87
80799 München
Germany
Phone:        +49 (0)89 997 271-0 
Fax:          +49 (0)89 997 271-91 
E-mail:       ir@yfe.tv 
Internet:     www.yfe.tv 
ISIN:         DE000A161N14 
WKN:          A161N1 
Listed:       Regulated Market in Frankfurt (General Standard); Regulated Unofficial Market in Berlin, Dusseldorf, 

Stuttgart
EQS News ID: 1929925

End of News EQS News Service
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1929925 2024-06-20 CET/CEST

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END) Dow Jones Newswires

June 20, 2024 07:35 ET (11:35 GMT)
Name WKN Börse Kurs Datum/Zeit Diff. Diff. % Geld Brief Erster Schluss
YOUR FAMILY ENTER.AG NA A161N1 Frankfurt 2,460 03.07.24 08:01:02 +0,060 +2,50% 0,000 0,000 2,460 2,400

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