Düsseldorf, 29. April 2016 -

DOCOMO Digital GmbH, the principal shareholder of net mobile AG, has today given notice to the latter that it has determined the amount of the reasonable cash settlement to be paid to the minority shareholders under § 327b para. 1 sent. 1 of the Aktiengesetz (the Stock Corporation Act, the 'AktG'). The cash settlement shall be for EUR 6.40 per no-par value bearer share of net mobile AG stock.

With this determination, DOCOMO Digital has concretized and confirmed its demand dated 24 February 2016 that the minority shareholders' stock be transferred under § 327a para. 1 sent. 1 AktG.

In consequence, a squeeze out - i.e., a resolution on the separation - of the minority shareholders will be caused at net mobile AG's next annual meeting of the shareholders. The annual meeting of the shareholders is tentatively scheduled for June 2016.

After a public acquisition offer was made in January 2016, DOCOMO Digital GmbH increased its stock holdings to over 95% in February of this year and initiated the squeeze out process at net mobile AG.

About net mobile AG

net mobile AG is a leading international full-service provider of payment solutions and mobile value added services. The company, founded in November 2000, is regarded as an innovation leader in the marketplace. Clients worldwide include national and global mobile telecommunication providers, media companies, online shopping portals, brand name companies and television networks, for which complete white label solutions such as direct carrier billing and mobile television services are provided. Since February 2016 DOCOMO Digital GmbH, a fully owned subsidiary of NTT DOCOMO, INC., is the main shareholder with over 95% share ownership. For more information please visit www.net-mobile.com.

Press Contact net mobile AG

Dennis Heisig
Press Officer
Phone +49 211 970 20-344
Fax +49 211 970 20-999
dennis.heisig@net-m.de

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net mobile AG issued this content on 29 April 2016 and is solely responsible for the information contained herein. Distributed by Public, unedited and unaltered, on 29 April 2016 19:15:02 UTC

Original Document: https://www.net-mobile.com/en/company/press-events/press-releases/?tx_netmnews_pi1[uid]=378&cHash=d28f99d208d2ea98868fdb7b1d1ce208