DGAP-Adhoc

Constantin Medien AG: Statement of KF 15 GmbH, DHV GmbH and Dr. Dieter Hahn dated 5 December 2016 regarding the conditions for a future takeover bid

Constantin Medien AG / Key word(s): Miscellaneous

05.12.2016 17:19

Disclosure of an inside information according to Article 17 MAR,
transmitted by DGAP - a service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.

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Ismaning, December 5, 2016 - By letter dated December 5, 2016 the
Management Board of Constantin Medien AG was informed that in order to
prevent Constantin Medien AG and Highlight Communications AG, Pratteln,
Switzerland, from further damage caused by shareholder disputes, KF 15
GmbH, DHV GmbH and Dr. Dieter Hahn intend to submit takeover bids to all
the shareholders of Constantin Medien AG at a price per share of EUR 2.30
and, respectively, except for the Highlight Communications AG-shares of
Constantin Medien AG as well as Highlight Communications AG's own shares,
to all the shareholders of Highlight Communications AG at a share price of
EUR 6.00 in accordance with the applicable legal regulations.

The submission of these takeover bids by KF 15 GmbH, DHV GmbH and Dr.
Dieter Hahn are subject to the conditions that (i) KF 15 GmbH, DHV GmbH and
Dr. Dieter Hahn may perform a short-term due diligence review, and (ii)
Stella Finanz AG, Glarus, Switzerland, carries out a reversal of the loan
agreement with Constantin Medien AG and transfers the shares in Highlight
Communications AG which have been pledged in its favour to a deposit
account of Constantin Medien AG.

The Management Board of Constantin Medien AG will discuss the permission of
the mentioned due diligence review at Constantin Medien AG, but points out
that the permission of a due diligence review at Highlight Communications
AG will be decided upon by their Board of Directors (Verwaltungsrat).
Furthermore, the Management Board points out that despite the terminated
loan agreement Stella Finanz AG still refuses to reverse the loan with
Constantin Medien AG and to return the 24,752,780 Highlight Communication
AG shares pledged in its favour.


Contact PR:
Constantin Medien AG, Sabine Lais, Phone: +49 (0) 89 - 99 500 461, Fax: +49
(0) 89 - 99 500 466, E-Mail: [e-mail]
Frank Elsner Kommunikation für Unternehmen GmbH, Phone: [phone] - 91
92 0, Fax: [phone] - 91 92 29

Contact IR:
Constantin Medien AG, Dr. Peter Braunhofer, Phone: +49 (0)89 - 99 500 436,
Fax: +49 (0)89 - 99 500 433, E-Mail: [e-mail]

Constantin Medien AG, Münchener Straße 101g, 85737 Ismaning, Phone: +49
(0)89 - 99 500 0, Fax: +49 (0)89 - 99 500 111


05.12.2016 The DGAP Distribution Services include Regulatory Announcements,
Financial/Corporate News and Press Releases.
Archive at www.dgap.de

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Language: English
Company: Constantin Medien AG
Münchener Straße 101 g
85737 Ismaning
Germany
Phone: 089 / 99500-436
Fax: 089 / 99500-433
E-mail: [e-mail]
Internet: http://www.constantin-medien.de
ISIN: DE0009147207, DE000A1R07C3
WKN: 914720, A1R07C
Listed: Regulated Market in Frankfurt (Prime Standard); Regulated
Unofficial Market in Berlin, Dusseldorf, Hamburg, Munich,
Stuttgart, Tradegate Exchange

End of Announcement DGAP News-Service

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