CTS EVENTIM and AEG to take over Hammersmith Apollo in London

CTS Eventim AG  / Key word(s): Acquisition

31.05.2012 18:40

Dissemination of an Ad hoc announcement according to § 15 WpHG, transmitted
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Adhoc announcement pursuant to Section 15 WpHG

CTS EVENTIM and AEG to take over Hammersmith Apollo in London

CTS EVENTIM continues on expansion strategy in U.K. / acquisition of
Hammersmith Apollo in joint venture with Anschutz Entertainment Group /
purchase price of GBP 32 million (Euro 40 million)

Munich, 31 May 2012. SDAX listed CTS EVENTIM AG (ISIN DE0005470306)
continues to expand in Europe. Following a successful offer together with
Anschutz Entertainment Group (AEG), agreements on the acquisition of
Hammersmith Apollo Ltd. have been executed today in London. The seller is
British HMV plc, the purchaser is a London based acquisition vehicle in
which CTS EVENTIM and AEG hold equal shares. The agreed purchase price
(before adjustments at closing) is GBP 32 million (Euro 40 million).
Closing of the transaction is still subject to antitrust clearance in
Germany and the U.K.

Hammersmith Apollo Ltd. manages and operates the central London venue of
the same name. With a capacity of more than 5,000, the Apollo is one of
London's favorite venues and has seen the staging of numerous live concerts
(e.g. Oasis, REM, AC/DC, Bruce Springsteen, Kylie Minogue, Elton John and
others), high profile TV productions as well as comedy shows, ballet
performances and operas.

For CTS EVENTIM, the investment in the Hammersmith Apollo forms the basis
of a continued expansion of their market position in Great Britain.
Together with Anschutz Entertainment Group, CTS EVENTIM will provide all
relevant services for the Hammersmith Apollo's operation through the London
based joint venture.

For further information:
Marco Haeckermann, Director Investor Relations, CTS EVENTIM AG, + 49 421
3666 270


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Language:     English
Company:      CTS Eventim AG
              Dingolfinger Str. 6
              81673 München
              Germany
Phone:        0421/ 3666-233
Fax:          0421/ 3666-290
E-mail:       claudia.aderhold@eventim.de
Internet:     www.eventim.de
ISIN:         DE0005470306
WKN:          547030
Indices:      SDAX
Listed:       Regulierter Markt in Frankfurt (Prime Standard); Freiverkehr
              in Berlin, Düsseldorf, Hamburg, Hannover, München, Stuttgart
 
End of Announcement                             DGAP News-Service
 
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