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bmp AG
BaFin approves restructuring plans

09-04-2015


KOMISJA NADZORU FINANSOWEGO
Raport bieżący nr 6 / 2015
Data sporzÄ…dzenia: 2015-04-09
Skrócona nazwa emitenta
BMPAG
Temat
BaFin approves restructuring plans
Podstawa prawna
Art. 56 ust. 1 pkt 2 Ustawy o ofercie - informacje bieżące i okresowe
Treść raportu:
BaFin (Federal Financial Supervisory Authority) has approved the reorganisation of bmp media investors AG (ISIN DE0003304200) into an operational holding company, which falls under the exception of Section 2 Para. 1 No. 1 KAGB (German Investment Code).

The prerequisite for this is the amendment of the company purpose of bmp media investors AG during the Annual Shareholders Meeting in June 2015 and the gradual sale of the existing minority shareholdings. The company will no longer be subject to the additional regulation by the KAGB.

Another shareholding of bmp media investors AG, Freshmilk NetTV GmbH, was sold at above the acquisition price and at current book value. Further shareholdings are expected to be sold in Q2.

At the same time, bmp media investors AG is working on acquiring the majority stake in an existing investment, which will then be the core of the company's future alignment. This is planned for completion in the current quarter.

Legal Basis: Article 56 section 6 of the Act on Public Offering, Conditions Governing the Introduction of Financial Instruments to Organised Trading, and on Public Companies, as amended.

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