Sedo Holding AG
AdLINK subsidiary affilinet acquires majority shareholding in CibleClick
Ad hoc announcement transmitted by DGAP.
The issuer is solely responsible for the content of this announcement.
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AdLINK subsidiary affilinet acquires majority shareholding in CibleClick, a
leading affiliate network in France
Montabaur, December 14, 2005. The Management and Supervisory Boards of AdLINK
Internet Media AG have decided today to acquire in two stages in the period
to Spring 2006, through its subsidiary affilinet GmbH, a majority shareholding
of 75% in CibleClick Performances S.A., a leading supplier for performance-
based online marketing in France. affilinet GmbH will sign a corresponding
agreement with the current shareholders of CibleClick.
CibleClick is a full-service provider in the field of affiliate marketing.
CibleClick’s affiliate network boasts a well-developed product and a wide
range of services for over 200 advertising clients and more than 25,000
publishers. Together with its subsidiaries in Germany and England, affilinet
will now be represented in Europe’s three most important markets and is
expected to develop into one of Europe’s leading affiliate networks.
For its fiscal year 2005, CibleClick expects to post revenues of approx. EUR
13.5 million and a positive EBIT result. The purchase price for the 75% stake
is based on the company’s EBIT result for fiscal 2005 minus net debts. A first
installment of just over EUR 10 million will be paid in the current year,
while the smaller remaining installment is to be paid after the annual
financial statements of CibleClick for 2005 have been confirmed. The founders
and some of the employees will retain a 25% stake in CibleClick and continue
to lead the company. The contracting parties have agreed call and put options
for the shares held by the company’s founders. The purchase price for the
remaining 25% stake is tied to the future results of CibleClick. The purchase
is to be financed from the company funds and with the support of United
Internet AG, the parent company of AdLINK Internet Media AG, at standard
market conditions.
Marcus Schaps
Press spokesman
AdLINK Internet Media AG
Elgendorfer Strasse 57
56410 Montabaur
Germany
Phone: +49 2602/96-1319
Fax:: +49 2602/96-1013
E-mail: presse@adlink.net
Internet: www.adlink.net
AdLINK Internet Media AG
Elgendorfer Str. 57
56410 Montabaur
Deutschland
ISIN: DE0005490155
WKN: 549015
Listed: Geregelter Markt in Frankfurt (General Standard); Freiverkehr in
Berlin-Bremen, Düsseldorf, Hamburg, Hannover, München und Stuttgart
End of ad hoc announcement (c)DGAP 14.12.2005
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