Ad-hoc | 10 February 2016 19:44
United Internet AG / Key word(s): Investment
10.02.2016 19:44
Dissemination of an Ad hoc announcement according to § 15 WpHG, transmitted
by DGAP - a service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.
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Montabaur, February 10, 2016. Via its subsidiary United Internet Ventures
AG, United Internet AG today contractually secured the acquisition of a
share package amounting to approx. 15.31% of shares in Tele Columbus AG,
Berlin, Germany. The closing of the acquisition is subject to approval by
the German anti-trust authority ("Bundeskartellamt").
If the acquisition is approved, United Internet AG would have a total
indirect shareholding - together with further shares acquired in the course
of today - of 25.11% in Tele Columbus AG.
United Internet believes that Tele Columbus AG is a well positioned company
with attractive market opportunities and will accompany the company's
ongoing development as a strategic investor and benefit from its growth in
value.
United Internet AG does not, however, currently intend to acquire an equity
stake of 30% or more in Tele Columbus AG - which would oblige it to submit
a mandatory bid to all other shareholders of Tele Columbus AG - nor to make
a voluntary takeover bid.
Contact
Maika-Alexander Stangenberg
Head of Corporate Communications & Public Affairs
United Internet AG
Elgendorfer Strasse 57
56410 Montabaur
Germany
Tel: +49 2602/96-1616
Fax: +49 2602/96-1013
E-mail: presse@united-internet.de
Internet: www.united-internet.de
10.02.2016 The DGAP Distribution Services include Regulatory Announcements,
Financial/Corporate News and Press Releases.
Media archive at www.dgap-medientreff.de and www.dgap.de
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Language: English
Company: United Internet AG
Elgendorfer Straße 57
56410 Montabaur
Germany
Phone: +49 (0)2602 / 96 - 1100
Fax: +49 (0)2602 / 96 - 1013
E-mail: info@united-internet.de
Internet: www.united-internet.de
ISIN: DE0005089031
WKN: 508903
Indices: TecDAX
Listed: Regulated Market in Berlin, Frankfurt (Prime Standard);
Regulated Unofficial Market in Dusseldorf, Hamburg, Hanover,
Munich, Stuttgart
End of Announcement DGAP News-Service
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