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    DGAP-WpÜG  1328  0 Kommentare Takeover Offer;



    Target company: Sky Deutschland AG; Bidder: Kronen tausend985 GmbH

    Dissemination of an announcement according to the German Securities
    Acquisition and Takeover Act (WpÜG), transmitted by DGAP - a company of
    EQS Group AG.
    The bidder is solely responsible for the content of this announcement.
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    Sky Deutschland AG Announcement: Decision to Make an Offer for Sky
    Deutschland AG
    Art. 10 WpÜG announcement:

    NON-BINDING ENGLISH CONVENIENCE TRANSLATION

    Announcement of the decision to make a voluntary public takeover offer
    (freiwilliges öffentliches Übernahmeangebot) pursuant to section 10 para. 1
    in conjunction with sections 29 para. 1, 34 of the German Securities
    Acquisition and Takeover Act (Wertpapiererwerbs- und Übernahmegesetz, WpÜG)

    Offeror:

    Kronen tausend985 GmbH
    Denninger Straße 84
    81925 München
    Deutschland

    registered with the commercial register of the local court (Amtsgericht) of
    Munich under HRB 211181

    Target Company:

    Sky Deutschland AG
    Medienallee 26
    85774 Unterföhring
    Germany

    registered with the commercial register of the local court (Amtsgericht) of
    Munich under HRB 154549

    ISIN: DE000SKYD000
    WKN: SKYD00

    The shares of the target company are listed in the regulated market (Prime
    Standard) of Frankfurt Stock Exchange and are traded in the over the
    counter market (Freiverkehr) in Berlin, Düsseldorf, Hamburg, Hannover,
    Munich and Stuttgart.

    Kronen tausend985 GmbH ('Bidder') decided today to make a voluntary public
    takeover offer to the shareholders of Sky Deutschland AG ('SkyD') (the
    'Offer') for the purchase of their ordinary registered shares with no par
    value in SkyD (the 'SkyD-Shares') against payment of a cash consideration
    of EUR 6.75 per SkyD-Share.

    The Bidder has also entered today into a share purchase agreement with 21st
    Century Fox Adelaide Holdings B.V. ('21CF') for the acquisition of 21CF's
    57.4% stake in SkyD on a fully diluted basis (after exercise of the
    convertible bond held by 21CF).

    The Bidder is an indirect wholly-owned subsidiary of British Sky
    Broadcasting Group plc, a public limited company incorporated in the United
    Kingdom.

    The Offer will be subject to conditions to be set out in the offer
    document, including regulatory clearances. The Offer will not be subject to
    a minimum acceptance condition.

    The offer document (in German and a non-binding English translation)
    containing the detailed terms and conditions of, and other information
    relating to, the Offer will be published on the internet at:
    Seite 1 von 3


    EQS Group AG
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    DGAP-WpÜG Takeover Offer; Target company: Sky Deutschland AG; Bidder: Kronen tausend985 GmbH Dissemination of an announcement according to the German Securities Acquisition and Takeover Act (WpÜG), transmitted by DGAP - a company of EQS Group AG. The bidder is solely …