Highlight Communications AG

DGAP-Adhoc: Registration ban against the capital increase of Highlight Communications AG lifted


DGAP-Ad-hoc: Highlight Communications AG / Key word(s): Capital Increase
Registration ban against the capital increase of Highlight Communications AG
lifted

28-Sep-2017 / 17:58 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.

--------------------------------------------------------------------------------
In a ruling received today the Cantonal Court of Basel-Landschaft, as Court of
Appeal, lifted the registration ban against the capital increase of Highlight
Communications AG ("HLC") announced on 12. June 2017 and instructed the
Commercial Register to promptly carry out the registration. The ruling of the
Cantonal Court, which upheld the decision of the court of first instance in its
entirety, is immediately enforceable. Constantin Medien AG ("CMAG") had applied
for the registration ban. CMAG stated that it would not file further legal
remedies against the decision of the Cantonal Court.

With the capital increase of HLC, which will be registered in the next few days,
15.75 million shares will be issued utilising the authorised capital of the
company and the share capital of HLC will be increased to CHF 63,000,000. After
the share issue the shares will be entirely placed with Highlight Event and
Entertainment AG by the underwriting bank, which thereby will acquire a
shareholding of 25% in Highlight Communications AG. As a result of the capital
increase HLC will generate revenues of around EUR 81.9 million.

CMAG stated that it would end all legal disputes with HLC and made respective
procedural declarations. HLC will reverse the measures resolved upon to defend
itself from hostile takeovers, in particular the two independent trusts that, in
accordance with the original plan, were to be given the option to acquire the
majority of ordinary shares of the TEAM-Group and of Constantin Film AG.

 

For further information please contact:

HIGHLIGHT COMMUNICATIONS AG
Investor Relations
Netzibodenstrasse 23b
CH-4133 Pratteln BL
Telefon: +41 (0)61 816 96 91
Email: ir@hlcom.ch
--------------------------------------------------------------------------------
28-Sep-2017 CET/CEST The DGAP Distribution Services include Regulatory
Announcements, Financial/Corporate News and Press Releases.
Archive at www.dgap.de
--------------------------------------------------------------------------------

Language: English

Company:  Highlight Communications AG

          Netzibodenstrasse 23b

          4133 Pratteln

          Switzerland

Phone:    +41 61 816 96 96

Fax:      +41 61 816 67 67

E-mail:ir@hlcom.ch

Internet: www.hlcom.ch

ISIN:     CH0006539198

WKN:      920299

Listed:   Regulated Market in Frankfurt (Prime Standard); Regulated Unofficial
Market in Berlin, Dusseldorf, Hamburg, Hanover, Munich, Stuttgart, Tradegate
Exchange



 

End of Announcement DGAP News Service

--------------------------------------------------------------------------------

614187  28-Sep-2017 CET/CEST
 



Weitere Meldungen: Highlight Communications AG

Das könnte Sie auch interessieren: