Ströer SE  / Key word(s): Acquisition/Capital Increase

13.08.2015 01:36

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.

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On 13th August 2015, Ströer SE signed a purchase agreement with Deutsche
Telekom AG on the complete take over of Interactive Media CCSP GmbH and the
internet portal T-Online.de. The transaction is valued at around EUR 300m.
Deutsche Telekom AG will become a shareholder of Ströer and receive shares
as part of a capital increase in return for a non-cash contribution from
approved capital subject to the exclusion of subscription rights. Depending
on the share price, the new shares will correspond to a holding of expected
11% to 13% in Ströer's increased capital stock. The transaction is due to
be closed in the fourth quarter of 2015 subject to approval by the German
Federal Cartel Office.

For the coming year, Ströer SE expects revenue of approximately EUR 1b and
a triple-digit million figure for operational EBITDA in the Digital
segment.

The board of management and supervisory board of Ströer SE intend proposing
to the shareholder meeting that Ströer SE be converted to a partnership
limited by shares (KGaA) in the near future.


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 Media 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


13.08.2015 The DGAP Distribution Services include Regulatory Announcements,
Financial/Corporate News and Press Releases.
Media archive at www.dgap-medientreff.de and www.dgap.de

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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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