26.04.2018 – 01:02

ASMALLWORLD AG

EQS-Adhoc: ASMALLWORLD AG: ASMALLWORLD AG (ASWN) announces signing of call option agreement for luxury travel community

EQS Group-Ad-hoc: ASMALLWORLD AG / Key word(s): Takeover
ASMALLWORLD AG: ASMALLWORLD AG (ASWN) announces signing of call option agreement
for luxury travel community

26-Apr-2018 / 01:00 CET/CEST
Release of an ad hoc announcement pursuant to Art. 53 KR
The issuer is solely responsible for the content of this announcement.

--------------------------------------------------------------------------------
Press release

ASMALLWORLD AG (ASWN) announces signing of call option agreement for luxury
travel community


Zurich, 25.04.2018 - Today, ASMALLWORLD AG announces that is has secured the
right, but not the obligation, to acquire a subscription-based luxury travel
community operating mainly in the DACH region with plans to expand globally.
ASMALLWORLD is now formally launching the due diligence process and will explore
financing options.

Patrick Liotard-Vogt, Chairman of the Board of Directors of ASMALLWORLD AG,
comments: "We are pleased to announce the initiation of our first M&A process as
a listed company to further expand and grow our subscriber base and service
offerings. The external growth opportunity complements the operational growth
momentum based on strong growth in the first quarter. This underpins our growth
objective as listed company."

Call option agreement for DACH-focused subscription business

ASMALLWOLD AG has entered into a call option agreement with a subscription-based
luxury travel community operating mainly in the DACH region. ASMALLWORLD AG has
until November 30th2018 to exercise the call option and acquirethe company. This
call optionallows ASMALLWORLD to conduct a thorough due diligence and assess the
synergies in detail while having the deal secured.

The final purchase price (up to EUR 30m), expected to be paid in parts with
equity, and will depend on business performance of the target company and target
company's management retention within the ASMALLWORLD group. Should ASMALLWORLD
exercise the call option, an upward revision of ASMALLWORLD's revenue and
subscriber numbers guidance for 2018 will result from it.

Acquisition financing - options are being explored

ASMALLWORLD will explore various acquisition financing options. ASW Capital AG,
ASMALLWORLD's long-term oriented anchor shareholder (60%) is committed to
support ASMALLWORLD AG's financing initiative with a substantial contribution.

This press release and further information can be found atwww.asmallworldag.com.

Contact:

ASMALLWORLD AG
Jan Luescher, CEO
Bellerivestrasse 241
CH-8008 Zurich 
press@asw.com


ASMALLWORLD - share the good life

ASMALLWORLD a private social network that connects people with shared passion
for the good life.

Each year, ASMALLWORLD organises more than 1000 events around the world, where
members can expand their private and professional networks. The ASMALLWORLD
website and mobile apps offer members the opportunity to engage in discussions,
obtain travel advice from the Travel Guides or other members, or meet other
members whilst travelling the world. Members also enjoy exclusive privileges
from international partners such as status upgrades, discounts and additional
services.

Besides the global ASMALLWORLD community, Zurich-based ASMALLWORLD AG operates
ASW Travel AG, which provides bespoke travel arrangements for its customers, as
well as The World's Finest Clubs AG, which offers its members access to the most
exclusive nightlife venues around the world.

More atwww.asw.comandwww.asmallworldag.com

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

679279  26-Apr-2018 CET/CEST