EQS-Adhoc 113 0 Kommentare Highlight Communications AG: Sport1 Medien AG sells 50% stake in Sport1 GmbH as part of comprehensive co-operation

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Sport1 Medien AG sells 50% stake in Sport1 GmbH
Agreement with ACUNMEDYA for co-operation
Purchase price of 30 million Euro

EQS-Ad-hoc: Highlight Communications AG / Key word(s): Strategic Company Decision
Highlight Communications AG: Sport1 Medien AG sells 50% stake in Sport1 GmbH as part of comprehensive co-operation

23-Feb-2024 / 07:00 CET/CEST
Disclosure of an inside information acc. to Article 17 MAR of the Regulation (EU) No 596/2014, transmitted by EQS News - a service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.

Publication of inside information pursuant to Article 17 MAR

Pratteln, 23 February 2024

Sport1 Medien AG sells 50% stake in Sport1 GmbH as part of comprehensive co-operation

Sport1 Medien AG, a wholly-owned subsidiary of Highlight Communications AG, has tonight agreed a comprehensive co-operation with the international media and entertainment company ACUNMEDYA, based in Istanbul, which includes the sale of 50 percent of the shares in the subsidiary Sport1 GmbH for a purchase price of 30 million Euro.

ACUNMEDYA has undertaken to produce its internationally successful entertainment and sports entertainment programmes for Sport1. Highlight Communications AG will continue to fully consolidate Sport1 GmbH for accounting purposes.

The completion of the transaction is subject to various conditions, in particular media and antitrust approvals.

Further information:

HIGHLIGHT COMMUNICATIONS AG

Investor Relations
Netzibodenstrasse 23b

CH-4133 Pratteln BL

Phone: +41 (0)61 816 96 91
Email: ir@hlcom.ch

End of Inside Information

23-Feb-2024 CET/CEST The EQS Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases.
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Language:	English
Company:	Highlight Communications AG
	Netzibodenstrasse 23b
	4133 Pratteln
	Switzerland
Phone:	+41 61 816 96 96
Fax:	+41 61 816 67 67
E-mail:	ir@hlcom.ch
Internet:	www.hlcom.ch
ISIN:	CH0006539198
WKN:	920299
Listed:	Regulated Market in Frankfurt (Prime Standard); Regulated Unofficial Market in Berlin, Dusseldorf, Hamburg, Hanover, Munich, Stuttgart, Tradegate Exchange
EQS News ID:	1843513