DGAP-DD: Ströer Out-of-Home Media AG english

Jun 04, 2012 2:23 PM

Notification concerning transactions by persons performing managerial responsibilities pursuant to section 15a of the WpHG Directors' Dealings notification transmitted by DGAP - a company of EquityStory AG. The person with duty of notification is solely responsible for the content of this announcement. --------------------------------------------------------------------------- Details of the person subject to the disclosure requirement Last name: Ströer First name: Dirk Company: Ströer Out-of-Home Media AG Position: Member of an administrative or supervisory body Information about the transaction with duty of notification Description of the financial instrument: Share ISIN/WKN of the financial instrument: DE0007493991 Type of transaction: Sale Date: 31.05.2012 Price: 8.00 Currency: EUR No. of items: 1300000 Total amount traded: 10400000.00 Place: over the counter Explanation for publication: On May 31, 2012, Dirk Ströer, one of the two main shareholders and member of the supervisory board of Ströer Out-of-Home Media AG, sold 1.3 million shares representing 3.1% of the issued and outstanding shares of the Company to funds managed by Third Point LLC, a New York based investement firm. The sale by Dirk Ströer of a minor proportion of his shareholding is for personal reasons only in connection with a loan repayment. The management of Ströer Out-of-Home Media AG welcomes the share deal as it adds a further institutional investor to the existing shareholder base of the Company and also leads to an increase of the free float from previously 43.4% to 46.5%. Information about the company with duty of publication Issuer: Ströer Out-of-Home Media AG Ströer Allee 1 50999 Köln Deutschland ISIN: DE0007493991 WKN: 749399 End of Directors' Dealings Notification (c) DGAP 04.06.2012 DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases. Media archive at www.dgap-medientreff.de and www.dgap.de ID 15357