PRESS RELEASE
Highlight Communications AG sets cash compensation for the transfer of shares held by minority
shareholders of Sport1 Medien AG at EUR 2.30
Pratteln, 25 October 2021
Highlight Communications AG, Pratteln, Switzerland, today confirmed and specified its formal request of 29 June 2021 to the Management Board of Sport1 Medien AG, Ismaning, Germany. Highlight Communications AG has set the cash compensation for the transfer of the shares of the minority shareholders of Sport1 Medien AG at EUR 2.30 per no-par value bearer share of Sport1 Medien AG.
The cash compensation is based on an expert opinion of Ebner Stolz GmbH & Co. KG Wirtschaftsprüfungsgesellschaft Steuerberatungsgesellschaft, Stuttgart, Germany, on the determination of the enterprise value of Sport1 Medien AG; it is based on the weighted average stock market price of Highlight Communications AG prior to 29 June 2021.
The Annual General Meeting of Sport1 Medien AG resolving on the transfer of the shares of the minority shareholders is expected to take place on 14 December 2021.
| For further information: |
| |
| Highlight Communications AG |
| Investor Relations |
| Netzibodenstrasse 23b |
| CH-4133 Pratteln BL |
| Telefon: +41 (0)61 816 96 91 |
| E-Mail: [email protected] |
25.10.2021 Dissemination of a Corporate News, transmitted by DGAP - a service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.
The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases.
Archive at www.dgap.de
Highlight Communications AG CH0006539198