Tele Columbus AG

  • WKN: TCAG17
  • ISIN: DE000TCAG172
  • Land: Deutschland

Nachricht vom 24.10.2019 | 17:32

Tele Columbus AG: Release according to Article 40, Section 1 of the WpHG [the German Securities Trading Act] with the objective of Europe-wide distribution

Tele Columbus AG

24.10.2019 / 17:32
Dissemination of a Voting Rights Announcement transmitted by DGAP - a service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.

Rocket Internet SE, Berlin, Germany ('RISE') informed us on October 22, 2019 pursuant to Art. 43 paragraph 1 WpHG thereby making reference to the exceedance of the threshold of 10% or a higher threshold from October 17, 2019 , as follows:

1. The investment of RISE in the company is used to implement a strategic objective of RISE in the form of a creation and expansion of a global network of technology companies. 
2. RISE intends to obtain further voting rights in the company over the next twelve months by purchase or other means.
3. RISE does not seek to exert influence on the composition of neither the management board nor the supervisory board or any other administrative, managing or governing body of the company which would exceed the proportion of the voting rights held by RISE in the company's general meeting.
4. RISE does not intend a substantial change in the capital structure of the company especially with regards to the ratio of internal/outside financing and the dividend policy.

With regards to the purchase of shares which led to the crossing of the 10% notification threshold in the company by RISE, RISE informed us according to Art. 43 paragraph 1 sentence 1 and 4 WpHG that the shares were financed through own funds.

24.10.2019 The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases.
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