2025 ahead ayondo Franchise coming soon
Happy 
xMas Holidays
xMas Holidays
xMas Holidays
|
EQS-Ad-hoc: ad pepper media International N.V. / Key word(s): Investment/Mergers & Acquisitions Nuremberg, Amsterdam, 02.10.2023 ad pepper media International N.V. (ISIN: NL0000238145), Nuremberg, Amsterdam, ("ad pepper") and seven shareholders of solute Holding GmbH & Co. KG ("solute"), Hannover, today signed a purchase agreement for 25.64 percent of the shares in solute. As consideration, 1,693,244 new shares in ad pepper will be issued without subscription rights of the current shareholders against contribution in kind. The envisaged transaction, which had already been communicated in an ad-hoc release on 04.07.2023, has thus been successfully completed, subject to the usual closing conditions. In addition, the management board of ad pepper intends to enter into open-ended discussions with a total of four further shareholders of solute, who represent a total of 39.07 percent in the target company and have signalled their willingness in principle to sell to ad pepper, among them Deutsche Tele Medien GmbH (“DTM”), Frankfurt, having an interest of 29.63 percent in solute. The talks are to be commenced in the coming weeks with the aim of achieving a majority shareholding and full consolidation of solute in ad pepper's consolidated financial statements. Moreover, the potential majority shareholding and full consolidation is still subject to the approval of ad pepper's supervisory board as well as board approval of solute. The purchase by ad pepper of 25.64 percent of the shares in solute as well as the envisaged purchase by ad pepper of the additional interest in solute held by DTM are regarded as a so-called related party transaction according to Dutch corporate law. Michael Oschmann, the chairman of the supervisory board of ad pepper, holds (i) an indirect interest of 46.71 percent in the share capital of ad pepper; and (ii) participating interests in excess of 20 percent in each of the selling entities as regards to the 25.64 percent of the shares in solute, and (iii) is - with 47.25 percent via a number of participations - also the largest shareholder of DTM. Therefore, Michael Oschmann did not and will not participate in the decision-making in the supervisory board of ad pepper concerning the acquisition by ad pepper of the interest in solute. ad pepper and solute operate complementary business models with adjacent technical capabilities, customer relationships and geographic footprints. The objective of the transaction is to create a dynamic, innovative and well-capitalized listed market leader in performance marketing and digital marketplaces (price comparison).
Contact: End of Inside Information
02-Oct-2023 CET/CEST The EQS Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases. |
| Language: | English |
| Company: | ad pepper media International N.V. |
| Frankenstrasse 150 C | |
| 90461 Nuremberg | |
| Germany | |
| Phone: | +49 911 9290570 |
| Fax: | +49 911 929057-157 |
| E-mail: | ir@adpepper.com |
| Internet: | www.adpeppergroup.com |
| ISIN: | NL0000238145 |
| WKN: | 940883 |
| Listed: | Regulated Market in Frankfurt (Prime Standard); Regulated Unofficial Market in Berlin, Dusseldorf, Hamburg, Hanover, Munich, Stuttgart, Tradegate Exchange |
| EQS News ID: | 1739139 |
| End of Announcement | EQS News Service |
|
|
1739139 02-Oct-2023 CET/CEST
P R O D U C T S U G G E S T I O N S
The information presented here has been provided by our content partner EQS-Group. The originator of the news is the respective issuer, the company relating to the news, a publication service provider (press or information agency) which uses the distribution service of EQS to transmit company news to shareholders, investors, investors or interested parties. The original publications and other company-relevant information can be found at eqs-news.com.
The information you can access does not constitute investment advice. The presentation of our cooperation partners, where the implementation of investment decisions would be possible depending on the individual risk profile, is solely at the discretion of the person using the service. We only present companies of which we are convinced that the range of services and customer service will satisfy discerning investors.
If you are considering leverage products, familiarise yourself with the typical characteristics of the financial instruments beforehand. Take the time to determine the risk content of the planned investment before making an investment decision. Bear in mind that a total loss cannot be ruled out with leverage products.
For newcomers to the subject, we offer various options in both the training and the tools section, through which you can train theoretical knowledge and practical experience and thus improve your skills. The offer ranges from participation in webinars to personal mentoring. The range is continuously being expanded.
1 Lab features are usually functionalities that emerge from the think tank of the investor community. In the early stages, these are experimental functionalities whose development process is largely determined by use and the resulting feedback from the community. When integrating external services or functionalities, the functionality can only be guaranteed to the extent that the individual process elements, such as interfaces, interact with each other.
