Corporate | 19 February 2025 17:33

Burda Digital SE submits demand for squeeze-out

New Work SE / Key word(s): Squeeze Out
Burda Digital SE submits demand for squeeze-out

19.02.2025 / 17:33 CET/CEST
The issuer is solely responsible for the content of this announcement.

Hamburg, 19 February 2025 – Burda Digital SE (“ Burda ”) has on 18 February 2025 informed the management board of New Work SE (“ New Work ” or “ Company ”) that it directly holds 97.07% of New Work shares and has, as the Company’s principal shareholder, submitted a demand for the general meeting of New Work to pass a resolution on the transfer of the shares of the remaining minority shareholders of New Work to Burda against an appropriate cash settlement according to section 327a para. 1 sentence 1 Stock Corporation Act (squeeze-out under Stock Corporation Act).

Burda has announced that it will notify New Work of the amount of the cash settlement with an additional notice, a so-called specified demand, as soon as the amount has been determined.

19.02.2025 CET/CEST Dissemination of a Corporate News, transmitted by EQS News – a service of EQS Group.
The issuer is solely responsible for the content of this announcement.

The EQS Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases.
Archive at www.eqs-news.com

Language:	English
Company:	New Work SE
	Am Strandkai 1
	20457 Hamburg
	Germany
Phone:	+49 (0)40 419 131-793
Fax:	+49 (0)40 419 131-44
E-mail:	ir@new-work.se
Internet:	https://www.new-work.se
ISIN:	DE000NWRK013
WKN:	NWRK01
Listed:	Regulated Unofficial Market in Hamburg
EQS News ID:	2088779

End of News EQS News Service

2088779  19.02.2025 CET/CEST