Related Party Transactions | 19 August 2024 19:47
splendid medien AG: Release according to Article 111c of the AktG [the German Stock Corporation Act] with the objective of Europe-wide distribution
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splendid medien AG
/ Release of an announcement according to Article 111c of the AktG [the German Stock Corporation Act]
splendid medien AG: Publication of material transactions with related parties pursuant to Section 111c AktG with the aim of Europe-wide distribution
Cologne, 19.08.2024 – Mr. Andreas R. Klein, as majority shareholder of Splendid Medien AG (WKN 727950, ISIN DE0007279507) and member of the Executive Board, is a related party within the meaning of § 111a AktG. The long-standing rental agreement between Splendid Synchron GmbH as tenant and, among others, Mr Andreas R. Klein as landlord was extended by an addendum dated 16 August 2024 and the net cold rent was increased by EUR 700 per month with retroactive effect from 1 January 2024. The rent now amounts to EUR 135,000 p.a. (including ancillary costs) and accrues in full to Mr Andreas R. Klein. The Supervisory Board has approved the conclusion of the supplementary agreement to the rental contract.
19.08.2024 CET/CEST The EQS Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases.
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| Language: | English |
| Company: | splendid medien AG |
| Lichtstr. 25/Eingang F | |
| 50825 Köln | |
| Germany | |
| Internet: | www.splendidmedien.com |
| End of News | EQS News Service |