DGAP-Adhoc

_wige MEDIA AG decides Capital Increase - Seite 2

The Subscription Offer is scheduled for publication in the German Federal Gazette on 22 March 2017. The subscription period is expected to run from 23 March 2017 (0:00 CET) and end on 5 April 2017 (24:00 CET). Based on an exemption from applying the German Securities Prospectus Act (Wertpapierprospektgesetz - WpPG), no securities prospectus will be drawn up for the capital increase.

Any New Stocks not purchased as part of the Subscription Offer are to be offered by DZ BANK AG, Deutsche Zentral-Genossenschaftsbank, to selected qualified institutional investors in Germany and other European countries ("Private Placement") in the form of an invitation not open to the public.

Admission of the new shares to stock exchange trading on the regulated market (General Standard) of the Frankfurt Stock Exchange is anticipated on 7 April 2017, with the inclusion of the new stocks in the existing listing scheduled by 10 April 2017.

The net proceeds from the capital increase are to be used to strengthen the working capital basis, in particular, however, for investments in developing the business of _wige MEDIA AG's subsidiary sporttotal.tv gmbh.

_wige MEDIA AG

The Management Board

Company contact:

_wige MEDIA AG

Am Coloneum 2

50829 Cologne

Germany

www.wige.de

Tel.: +49 [0] 221-7 88 77-0

Fax: +49 [0] 221-7 88 77- 199

[e-mail]

Investor Relations office:

BSK Becker+Schreiner Kommunikation GmbH

Tobias M. Weitzel

Gießerallee 6

47877 Willich

Germany

Tel.: +49 [0] 21 54 -8122-0

Fax: +49 [0] 2154-8122-11

wige @kommunikation-bsk.de

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22-March-2017 CET/CEST 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:	_wige MEDIA AG
	Am Coloneum 2
	50829 Köln
	Germany
Phone:	[phone]
Fax:	[phone]
E-mail:	[e-mail]
Internet:	www.wige.de
ISIN:	DE000A1EMG56
WKN:	A1EMG5
Listed:	Regulated Market in Frankfurt (General Standard); Regulated Unofficial Market in Berlin, Dusseldorf, Stuttgart, Tradegate Exchange

End of Announcement	DGAP News Service

556903  22-March-2017 CET/CEST