Highlight Event and Entertainment AG

EQS-Adhoc: Highlight Event and Entertainment AG invests in 5EL SA


EQS Group-Ad-hoc: Highlight Event and Entertainment AG / Key word(s): Investment
Highlight Event and Entertainment AG invests in 5EL SA

20-Jul-2017 / 19:00 CET/CEST
Release of an ad hoc announcement pursuant to Art. 53 KR
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The Board of Directors of Highlight Event and Entertainment AG (the "Company")
has resolved to acquire a further 544,409 no-par value shares (17.49%) in 5EL
SA, a Lausanne-based company listed on the SIX Swiss Exchange.

Instead of a cash payment, the Company has taken the opportunity to offset the
purchase price against the loan receivable from Highlight Venture Corp. (USA).
The purchase price for the shares in 5EL SA amounted to CHF 3,941,521. The
acquisition was a non-cash transaction.

Following the transaction, the Company has a 19.99% financial investment in 5EL
SA (post restructuring and capital increase).

Contact information
Highlight Event and Entertainment AG
Netzibodenstrasse 23b
4133 Pratteln, Switzerland

info@hlee.ch
http://www.hlee.ch

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End of ad hoc announcement------------------------------------------------------

Language: English

Company:  Highlight Event and Entertainment AG

          Netzibodenstrasse 23b

          4133 Pratteln

          Switzerland

Phone:    +41 41 226 05 97

Fax:      +41 41 226 05 98

E-mail:info@hlee.ch

Internet: www.hlee.ch

ISIN:     CH0003583256

Valor:    896040

Listed:   SIX Swiss Exchange



 

End of Announcement EQS Group News Service

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594509  20-Jul-2017 CET/CEST
 



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