News

11/17/2015

DGAP-Ad-hoc: Ströer SE: Entities related to the founding families announce sale of shares in Ströer SE


Ströer SE  / Key word(s): Miscellaneous

17.11.2015 17:55

Dissemination of an Ad hoc announcement according to § 15 WpHG, transmitted by DGAP - a service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.


Entities related to the founding families announce sale of shares in Ströer SE

Entities related to the founding families Ströer and Müller (together the "Selling Shareholders") have notified Ströer SE ("Ströer" or the "Company") that they intend to sell and transfer a total of up to 5,385,773 shares of Ströer.

This is equivalent to approx. 9.74 per cent of the Company's issued share capital and slightly less than the number of shares which the Selling Shareholders received from a capital increase as consideration for the sale of the Ströer Interactive group in 2013. Ströer shares which were directly or indirectly owned by either of the two founding families already at the time of the Company's IPO in 2010 shall not be part of the present sale.
The shares shall be placed with institutional investors in a private placement by way of an accelerated bookbuilding.

The Selling Shareholders have informed us of their commitment to a twelve-months lock-up period for their other shareholdings.

Contact:
Press contact: 
Marc Sausen
Ströer SE
Director Corporate Communications
Ströer-Allee 1 | D-50999 Cologne
Telephone: +49 (0)2236 - 96 45-246
Fax: +49 (0)2236 - 96 45-6246
E-Mail: info@stroeer.de

IR Contact: 
Dafne Sanac
Ströer SE
Manager Investor Relations 
Ströer-Allee 1 | D-50999 Cologne 
Phone: +49 (0)2236 / 96 45-356  
Fax: +49 (0)2236 / 96 45-6356  
E-Mail: dsanac@stroeer.de


17.11.2015 The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases.
Media archive at www.dgap-medientreff.de and www.dgap.de

 
Language:     English
Company:      Ströer SE
              Ströer Allee 1
              50999 Köln
              Germany
Phone:        +49 (0)2236.96 45 0
Fax:          +49 (0)2236.96 45 299
E-mail:       info@stroeer.com
Internet:     www.stroeer.de
ISIN:         DE0007493991
WKN:          749399
Indices:      SDAX
Listed: Regulated Market in Frankfurt (Prime Standard); Regulated Unofficial Market in Berlin, Dusseldorf, Hamburg, Munich,               Stuttgart
 
End of Announcement DGAP News-Service  





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