DGAP-News 786 0 Kommentare DEAG Deutsche Entertainment Aktiengesellschaft: Shareholders elect Michael Busch as a new Supervisory Board member at the Annual General Meeting - annual forecast confirmed for 2016

DGAP-News: DEAG Deutsche Entertainment Aktiengesellschaft / Key word(s):
AGM/EGM/Forecast
DEAG Deutsche Entertainment Aktiengesellschaft: Shareholders elect Michael
Busch as a new Supervisory Board member at the Annual General Meeting -
annual forecast confirmed for 2016

23.06.2016 / 16:10
The issuer is solely responsible for the content of this announcement.

---------------------------------------------------------------------------

Corporate press release

DEAG: Shareholders elect Michael Busch as a new Supervisory Board member at
the Annual General Meeting - annual forecast confirmed for 2016

Berlin, 23 June 2016 - Today, DEAG Deutsche Entertainment AG (ISIN:
DE000A0Z23G6 | ERMK) brought its Annual General Meeting to a successful
conclusion. The company's shareholders elected management consultant
Michael Busch as a new, fourth member of the Supervisory Board. This
election is valid until the next Annual General Meeting. The General
Meeting also granted discharge to the Executive Board and the Supervisory
Board for the preceding financial year, elected the Auditor for the current
financial year and reviewed the regulations for Supervisory Board
remuneration. All resolutions were passed by a large majority of
consistently more than 96.6%. There was no vote on the creation of new
authorised capital.

The Chairman of DEAG's Executive Board, Professor Peter L.H. Schwenkow,
used the General Meeting to reaffirm the company's strategic alignment.
Alongside producing attractive, profitable live entertainment events, the
company is to continue its secondary focus on accelerating the expansion of
digital activities, in particular its ticket sales platform myticket. The
family entertainment sector is making an ever-greater contribution to the
growth of the live entertainment business, with its share of consolidated
sales revenues expected to surpass EUR 30 million in the current financial
year. Other sectors are also growing according to plan.

DEAG's myticket.de platform experienced rapid growth in the ticketing
sector. DEAG currently sells between one-sixth and one-seventh of all its
tickets via its own platform and this trend is experiencing a dynamic rise,
so much so that in financial year 2017, 40% on average of all DEAG tickets
are expected to be sold through myticket.de. Furthermore, the amount of
external operator tickets (third-party content) available on myticket.de is
expected to increase.

Against this backdrop, the DEAG Executive Board used the General Meeting to
reaffirm the company's full-year forecast for 2016, which predicts an EBIT
of at least EUR 3-5 million.

DEAG Deutsche Entertainment Aktiengesellschaft
The Excecutive Board

For further information, please contact:
Axel Mühlhaus | edicto GmbH | Tel: +49-69-90 550 552 | Email:
deag@edicto.de

---------------------------------------------------------------------------

23.06.2016 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.
Archive at www.dgap.de

---------------------------------------------------------------------------

Language: English
Company: DEAG Deutsche Entertainment Aktiengesellschaft
Potsdamer Straße 58
10785 Berlin
Germany
Phone: +49-30-810 75-0
Fax: +49-30-810 75-519
E-mail: deag@edicto.de
Internet: www.deag.de
ISIN: DE000A0Z23G6
WKN: A0Z23G
Listed: Regulated Market in Frankfurt (Prime Standard); Regulated
Unofficial Market in Berlin, Dusseldorf, Hamburg, Munich,
Stuttgart

End of News DGAP News Service
---------------------------------------------------------------------------

473921 23.06.2016