News

11/06/2015

Ströer SE: Release according to Article 26, Section 1 of the WpHG [the German Securities Trading Act] with the objective of Europe-wide distribution


Ströer SE 

06.11.2015 19:01

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.


Further to the voting rights notification pursuant to Sec. 21 (1) WpHG ['Wertpapierhandelsgesetz': German Securities Trading Act] dated 2 November 2015, the Deutsche Telekom AG, Bonn, Germany, as the party subject to mandatory reporting pursuant to Sec. 27a (1) Sentences 1, 3 and 4 WpHG informed us on 4 November 2015 that:

1. The investment held by Deutsche Telekom AG is a long-term investment with the aim of generating trading profit.

2.Deutsche Telekom AG does not intend to obtain further voting rights in Ströer SE within the next 12 months by acquisition or other means.
3.Deutsche Telekom AG intends to be represented for an electoral term on the supervisory board of Ströer SE and, subsequent to the effectiveness of the change in legal form of Ströer SE into Ströer SE & Co. KGaA concluded 25 September 2015, on the supervisory board of Ströer SE & Co. KGaA respectively. Deutsche Telekom is represented on the supervisory board of Ströer Management SE, the general partner of the future Ströer SE & Co. KGaA. Deutsche Telekom AG does not otherwise intend to influence the composition of the issuer's administrative, management or supervisory bodies.

4.Deutsche Telekom AG does not intend to significantly change the capital structure of Ströer SE, especially with regard to the ratio of equity and liabilities and the dividend policy.

5.With regard to the origin of the funds, the voting rights acquired result from new shares issued by Ströer SE that Deutsche Telekom AG acquired as part of a capital increase in return for a non-cash contribution as consideration for the transfer of all the shares in Digital Media Products GmbH.



06.11.2015 The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases.
Media archive at www.dgap-medientreff.de and www.dgap.de

 
Language:     English
Company:      Ströer SE
              Ströer Allee 1
              50999 Köln
              Germany
Internet:     www.stroeer.de
 
End of Announcement DGAP News-Service  





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