DEAG Deutsche Entertainment Aktiengesellschaft
DEAG Deutsche Entertainment Aktiengesellschaft: Shareholders elect Michael Busch as a new Supervisory Board member at the Annual General Meeting – annual forecast confirmed for 2016
DGAP-News: DEAG Deutsche Entertainment Aktiengesellschaft / Key word(s): AGM/EGM/Forecast Corporate press release DEAG: Shareholders elect Michael Busch as a new Supervisory Board member at the Annual General Meeting – annual forecast confirmed for 2016 Berlin, 23 June 2016 – Today, DEAG Deutsche Entertainment AG (ISIN: DE000A0Z23G6 | ERMK) brought its Annual General Meeting to a successful conclusion. The company’s shareholders elected management consultant Michael Busch as a new, fourth member of the Supervisory Board. This election is valid until the next Annual General Meeting. The General Meeting also granted discharge to the Executive Board and the Supervisory Board for the preceding financial year, elected the Auditor for the current financial year and reviewed the regulations for Supervisory Board remuneration. All resolutions were passed by a large majority of consistently more than 96.6%. There was no vote on the creation of new authorised capital. The Chairman of DEAG’s Executive Board, Professor Peter L.H. Schwenkow, used the General Meeting to reaffirm the company’s strategic alignment. Alongside producing attractive, profitable live entertainment events, the company is to continue its secondary focus on accelerating the expansion of digital activities, in particular its ticket sales platform myticket. The family entertainment sector is making an ever-greater contribution to the growth of the live entertainment business, with its share of consolidated sales revenues expected to surpass EUR 30 million in the current financial year. Other sectors are also growing according to plan. DEAG’s myticket.de platform experienced rapid growth in the ticketing sector. DEAG currently sells between one-sixth and one-seventh of all its tickets via its own platform and this trend is experiencing a dynamic rise, so much so that in financial year 2017, 40% on average of all DEAG tickets are expected to be sold through myticket.de. Furthermore, the amount of external operator tickets (third-party content) available on myticket.de is expected to increase. Against this backdrop, the DEAG Executive Board used the General Meeting to reaffirm the company’s full-year forecast for 2016, which predicts an EBIT of at least EUR 3-5 million. DEAG Deutsche Entertainment Aktiengesellschaft For further information, please contact:
2016-06-23 Dissemination of a Corporate News, transmitted by DGAP – a service of EQS Group AG. |
Language: | English | |
Company: | DEAG Deutsche Entertainment Aktiengesellschaft | |
Potsdamer Straße 58 | ||
10785 Berlin | ||
Germany | ||
Phone: | +49-30-810 75-0 | |
Fax: | +49-30-810 75-519 | |
E-mail: | deag@edicto.de | |
Internet: | www.deag.de | |
ISIN: | DE000A0Z23G6 | |
WKN: | A0Z23G | |
Listed: | Regulated Market in Frankfurt (Prime Standard); Regulated Unofficial Market in Berlin, Dusseldorf, Hamburg, Munich, Stuttgart | |
End of News | DGAP News Service |