DGAP-Adhoc

_wige MEDIA AG decides Capital Increase

DGAP-Ad-hoc: _wige MEDIA AG / Key word(s): Capital Increase _wige MEDIA AG decides Capital Increase 22-March-2017 / 11:34 CET/CEST Disclosure of an inside information acc. to Article 17 MAR, transmitted by DGAP - a service of EQS Group AG. The issuer is solely responsible for the content of this announcement. _wige MEDIA AG decides Capital Increase

- Gross issuing proceeds of up to around EUR 4.02 million envisaged

- Funds earmarked for investment in sporttotal.tv

Cologne, 21 March 2017, 18:29 CET / corrected 22 March 2017, 10:22 CET: With the approval of the Supervisory Board, the Management Board of Cologne-based _wige MEDIA AG has today decided on a capital increase with shareholder subscription rights from Authorized Capital. The capital stock is to be raised by up to EUR 1,608,288.00 against cash contribution through issuing up to 1,608,288 new no-par value bearer stocks representing a pro rata amount in the capital stock of EUR 1.00 per stock (the "New Stocks"). The new shares qualify for profit participation from 1 January 2016 onwards. The subscription price was fixed at EUR 2.50 for each New Stock ("Subscription Price") by the Management Board, with the approval of the Supervisory Board.

The New Stocks will be offered to the shareholders by way of indirect subscription rights at a subscription price in a subscription ratio of 11:1 (i.e. eleven old stocks confer entitlement to one New Stock from the capital increase). In order to guarantee an even subscription ratio, the subscription rights of shareholders were excluded for fractional amounts. DZ BANK AG, Deutsche Zentral-Genossenschaftsbank, that will support the capital increase as Sole Lead Manager and Sole Bookrunner has been authorized with the obligation to offer the New Stocks to the shareholders for subscription by way of an indirect subscription right in accordance with the Subscription Offer.