par Highlight Event And Entertainment AG (isin : CH0003583256)
Examination of strategic options for the further development or sale of the Sport1 Media Group
Highlight Event and Entertainment AG / Key word(s): Strategic Company Decision
Examination of strategic options for the further development or sale of the Sport1 Media Group
13-Jun-2023 / 19:30 CET/CEST
Release of an ad hoc announcement pursuant to Art. 53 LR
The issuer is solely responsible for the content of this announcement.
Ad hoc announcement pursuant to Art. 53 LR
Pratteln, 13 June 2023
Examination of strategic options for the further development or sale of the Sport1 Media Group
The Board of Directors of Highlight Communications AG, a subsidiary of Highlight Event and Entertainment AG, is currently examining various strategic options such as cooperations, M&A options as well as other comparable measures for the successful further development of the Sport1 Medien Group.
To this end, it has decided today to initiate a structured process regarding a possible sale of the Sport1 Media Group or parts of the Group. A decision as to whether, when and to what extent a sale will take place has not been made, but all strategic options are open.
The Sport1 Medien Group is bundled under Sport1 Medien AG, a subsidiary of Highlight Communications AG. Highlight Event and Entertainment AG in turn holds a 52.2% stake in Highlight Communications AG.
Contact:
Highlight Event and Entertainment AG
Netzibodenstrasse 23b
4133 Pratteln
Investor Relations
Tel.: +41 41 226 05 97
Fax: +41 41 226 05 98
http://www.hlee.ch
End of Inside Information
| 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 |
| EQS News ID: | 1656295 |
| End of Announcement | EQS News Service |
1656295 13-Jun-2023 CET/CEST