EQS Group-Ad-hoc: Highlight Event and Entertainment AG / Key word(s): Investment
Acquisition of Highlight Event and Entertainment AG's holding in Highlight Communications AG can be carried out

28-Sep-2017 / 18:21 CET/CEST
Release of an ad hoc announcement pursuant to Art. 53 KR
The issuer is solely responsible for the content of this announcement.


In its ad hoc-announcement dated June 12, 2017, Highlight Event and Entertainment AG ("HLEE") provided information about the resolution of the supervisory board regarding the acquisition of a holding of 25% in Highlight Communications AG ("HLC"), a Swiss company listed on the Frankfurt Stock Exchange, within the framework of a capital increase utilising authorised capital. However, the registration of this capital increase at the competent Commercial Register had been blocked by a registration ban to date.

In a ruling received today, the Cantonal Court of Basel-Landschaft, as Court of Appeal, lifted the registration ban against the capital increase of Highlight Communications AG ("HLC") announced on June 12, 2017, and instructed the Commercial Register to promptly carry out the registration. The ruling of the Cantonal Court, which upheld the decision of the court of first instance in its entirety, is immediately enforceable. Constantin Medien AG ("CMAG") had applied for the registration ban. CMAG has stated that it would not file further legal remedies against the decision of the Cantonal Court.

With HLC's capital increase and following the conclusion of placement, HLEE will acquire a holding of 25% in HLC at a price of around EUR 81.9 million.

Contact:
Highlight Event and Entertainment AG
Netzibodenstrasse 23b
4133 Pratteln
Investor Relations
Tel.: +41 41 226 05 97
Fax: +41 41 226 05 98

info@hlee.ch
http://www.hlee.ch



End of ad hoc announcement
Language: English
Company: Highlight Event and Entertainment AG
Netzibodenstrasse 23b
4133 Pratteln
Switzerland
Phone: +41 41 226 05 97
Fax: +41 41 226 05 98
E-mail: info@hlee.ch
Internet: www.hlee.ch
ISIN: CH0003583256
Valor: 896040
Listed: SIX Swiss Exchange

 
End of Announcement EQS Group News Service

614225  28-Sep-2017 CET/CEST

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