DGAP-News 432 0 Kommentare net mobile AG: Cash settlement determined for squeeze out demand by DOCOMO Digital GmbH

DGAP-News: net mobile AG / Key word(s): Squeeze Out
net mobile AG: Cash settlement determined for squeeze out demand by DOCOMO
Digital GmbH

29.04.2016 / 21:06
The issuer is solely responsible for the content of this announcement.

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CORPORATE NEWS

net mobile AG: Cash settlement determined for squeeze out demand by DOCOMO
Digital GmbH

Dusseldorf, 29 April 2016 - DOCOMO Digital GmbH, the principal shareholder
of net mobile AG, has today given notice to the latter that it has
determined the amount of the reasonable cash settlement to be paid to the
minority shareholders under § 327b para. 1 sent. 1 of the Aktiengesetz (the
Stock Corporation Act, the "AktG"). The cash settlement shall be for EUR
6.40 per no-par value bearer share of net mobile AG stock.

With this determination, DOCOMO Digital has concretized and confirmed its
demand dated 24 February 2016 that the minority shareholders' stock be
transferred under § 327a para. 1 sent. 1 AktG.

In consequence, a squeeze out - i.e., a resolution on the separation - of
the minority shareholders will be caused at net mobile AG's next annual
meeting of the shareholders. The annual meeting of the shareholders is
tentatively scheduled for June 2016.

After a public acquisition offer was made in January 2016, DOCOMO Digital
GmbH increased its stock holdings to over 95% in February of this year and
initiated the squeeze out process at net mobile AG.

About net mobile AG

net mobile AG is a leading international full-service provider of payment
solutions and mobile value added services. The company, founded in November
2000, is regarded as an innovation leader in the marketplace. Clients
worldwide include national and global mobile telecommunication providers,
media companies, online shopping portals, brand name companies and
television networks, for which complete white label solutions such as
direct carrier billing and mobile television services are provided. Since
February 2016 DOCOMO Digital GmbH, a fully owned subsidiary of NTT DOCOMO,
INC., is the main shareholder with over 95% share ownership. For more
information please visit www.net-mobile.com.

If you have any further questions, we will be most happy to help. We will
gladly establish a direct contact to the responsible person at net mobile
AG.

Contact person net mobile AG

Dennis Heisig
Press Officer
net mobile AG
Fritz-Vomfelde-Str. 26-30
DE 40547 Dusseldorf
Tel: +49 (0) 211 970 20 - 344
Fax: +49 (0) 211 970 20 - 999
E-Mail: dennis.heisig@net-m.de

Internet: www.net-mobile.com

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29.04.2016 Dissemination of a Corporate News, transmitted by DGAP - a
service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.

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: net mobile AG
Fritz-Vomfelde-Str. 26-30
40547 Düsseldorf
Germany
Phone: +49 (0)211 970 20-0
Fax: +49 (0)211 970 20-999
E-mail: info@net-m.de
Internet: www.net-mobile.com
ISIN: DE0008137852
WKN: 813785
Listed: Regulated Unofficial Market in Berlin, Hamburg, Munich
(m:access), Stuttgart; Open Market in Frankfurt

End of News DGAP News Service
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459525 29.04.2016