DGAP-Adhoc: Registration ban against the capital increase of Highlight Communications AG lifted
28.09.2017 – 18:02
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