DGAP-News: CTS Eventim AG & Co. KGaA: KPS Stiftung has completed the sale of shares
DGAP-News: CTS Eventim AG & Co. KGaA
/ Key word(s): Transaction in Own Shares
NOT FOR DISTRIBUTION, PUBLICATION OR RELEASE, DIRECTLY OR INDIRECTLY, IN THE UNITED STATES, CANADA, AUSTRALIA OR JAPAN OR ANY OTHER JURISDICTION IN WHICH OFFERS OR SALES OF THE SECURITIES WOULD BE PROHIBITED BY APPLICABLE LAW PRESS RELEASE "We inform you that KPS Stiftung has successfully completed the sale of shares in CTS EVENTIM AG & Co. KGaA. KPS Stiftung has sold 4,200,000 shares in CTS EVENTIM AG & Co. KGaA to international institutional investors, corresponding to 4.375% of the voting rights. Berenberg acted as Sole Global Coordinator and Sole Bookrunner in connection with the placement. KPS Stiftung will remain the largest shareholder with 38.827% of the voting rights in CTS Eventim AG & Co. KGaA. Aside from todays' sale of shares in CTS Eventim AG & Co. KGaA and its commitment to 180 days lockup period, KPS Stiftung does not intend to further dilute its position as a main shareholder in CTS Eventim AG & Co. KGaA."
For further information please contact: DISCLAIMER This announcement and the information contained herein is for information purposes only and does not constitute or form part of any offer or an invitation to acquire or dispose of securities in the United States, Canada, Australia, South Africa or Japan or in any other jurisdiction in which such an offer or invitation is unlawful. The securities mentioned above have already been sold. Neither this announcement nor anything contained herein shall form the basis of, or be relied upon in connection with, any offer or commitment whatsoever in any jurisdiction. The distribution of this announcement in certain jurisdictions may be restricted by law. No action has been taken by CTS Eventim AG & Co. KGaA, the Seller, Berenberg or any of their respective affiliates that would, or which is intended to, permit possession or distribution of this announcement or any other offering or publicity material relating to the Placing Shares in any jurisdiction where action for that purpose is required. Persons into whose possession this announcement comes are required by CTS Eventim AG & Co. KGaA, the Seller and Berenberg to inform themselves about and to observe any applicable restrictions. The securities mentioned above have not been approved or disapproved by the US Securities and Exchange Commission, any state securities commission or other regulatory authority in the United States, nor have any of the foregoing authorities passed upon or endorsed the merits of the Placing or the accuracy or adequacy of this announcement. Any representation to the contrary is a criminal offence in the United States. Neither this announcement nor any copy of it may be taken, transmitted or distributed, directly or indirectly, in or into or from the United States (including its territories and possessions, any state of the United States and the District of Columbia), Canada, Australia, South Africa or Japan. Any failure to comply with this restriction may constitute a violation of United States, Canadian, Australian, South African or Japanese securities laws.
14.11.2019 Dissemination of a Corporate News, transmitted by DGAP - a service of EQS Group AG. |
Language: | English |
Company: | CTS Eventim AG & Co. KGaA |
Rablstr. 26 | |
81669 München | |
Germany | |
Phone: | 0421/ 3666-0 |
Fax: | 0421/ 3666-290 |
E-mail: | [email protected] |
Internet: | www.eventim.de |
ISIN: | DE0005470306 |
WKN: | 547030 |
Indices: | MDAX |
Listed: | Regulated Market in Frankfurt (Prime Standard); Regulated Unofficial Market in Berlin, Dusseldorf, Hamburg, Hanover, Munich, Stuttgart, Tradegate Exchange |
EQS News ID: | 912773 |
End of News | DGAP News Service |
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912773 14.11.2019
CTS Eventim AG & Co. KGaA Stock
With 0 Sell predictions and 1 Buy predictions the community sentiment towards the CTS Eventim AG & Co. KGaA stock is not clear.
With a target price of 87 € there is a slightly positive potential of 2.29% for CTS Eventim AG & Co. KGaA compared to the current price of 85.05 €.