DEAG Deutsche Entertainment Aktiengesellschaft

  • WKN: A0Z23G
  • ISIN: DE000A0Z23G6
  • Land: Deutschland

Nachricht vom 02.08.2019 | 13:47

DEAG Deutsche Entertainment Aktiengesellschaft: Release according to Article 40, Section 1 of the WpHG [the German Securities Trading Act] with the objective of Europe-wide distribution

DEAG Deutsche Entertainment Aktiengesellschaft

02.08.2019 / 13:47
Dissemination of a Voting Rights Announcement transmitted by DGAP - a service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.

Notification pursuant to Section 43 (1) of the German Securities Trading Act (WpHG)

On 1 August 2019, SRE Holding GmbH informed us in accordance with Section 43 (1) Sentence 3 of the German Securities Trading Act (WpHG) of the following in connection with reaching or exceeding the 10% threshold on 4 July 2019 - further details can be found in the notification of voting rights pursuant to Sections 33 and 34 of the German Securities Trading Act (WpHG) dated 9 July 2019:

1. The acquisition of voting rights in DEAG Deutsche Entertainment Aktiengesellschaft (DEAG) is intended to be a long-term strategic commitment.

2. The intention is to consider the acquisition of further voting rights and then, if necessary and depending on market developments, to acquire further voting rights within the next 12 months.

3. No appropriate representation on the Supervisory Board is sought nor is any influence intended or to be sought on the appointment of administrative or management bodies.

4. At present, no significant change in the capital structure of DEAG is being sought, in particular with regard to the ratio of equity and debt financing and the dividend policy.

Furthermore, we were informed in accordance with Section 43 (1) Sentences 1 and 3 of the German Securities Trading Act (WpHG) that the funds used to acquire the voting rights originated from the company's own funds.

Berlin, 02 August 2019

DEAG Deutsche Entertainment Aktiengesellschaft

02.08.2019 The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases.
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