Kronberg im Taunus, November 26, 2015 – Today the Management Board of PANTALEON Entertainment AG (XETRA: PAL, ISIN: DE000A12UPJ7) with the approval of the Supervisory Board resolved to increase the Company's issued share capital against cash contributions from currently EUR 1,000,000.00 up to EUR 1,100,000.00 by issuing up to 100,000 new no-par value ordinary bearer shares under the exclusion of existing shareholders' subscription rights (this corresponds up to 10.0% of the current share capital). The new shares will carry full dividend rights as of January 1, 2015.
The 100,000 new shares will be offered for purchase exclusively to qualified investors in a private placement via an accelerated bookbuilding process. Hauck & Aufhaeuser Privatbankiers KGaA is acting as Sole Bookrunner. The new shares will be included without a prospectus in the existing listing on the Entry Standard on the Frankfurt Stock Exchange. PANTALEON Entertainment AG intends to use the net proceeds from the capital increase to finance the global roll-out of its innovative cloud-based video on demand (VoD) platform "PANTAFLIX".
About PANTALEON Entertainment AG:
PANTALEON Entertainment AG is a media enterprise mainly focused on theatrical films. PANTALEON Entertainment AG and its subsids are mainly active in the development and production of theatrical feature films, and the exploitation of the rights to those films, mainly through leading international film distributors in Germany and abroad, over all links of the distribution chain. The foundation for PANTALEON Group was laid in 2009 with the incorporation of PANTALEON Entertainment GmbH in Berlin. As of 2015, PANTALEON has established itself as one of the leading German production houses for theatrical feature films and innovative entertainment formats.
PANTALEON Group is headquartered in Kronberg by Frankfurt. From its offices in Berlin, Munich and Frankfurt, it has produced a slate of blockbusters, including some of the most successful German films of recent years. For more information, please see www.pantaleonentertainment.com
Disclaimer:
Following information is not a sales offer and does not comprise solicitation of offers to bid on or purchase shares of PANTALEON Entertainment, but serves informational purposes only. In the context of a private placement only selected investors are addressed that are not particular US persons within the meaning of the US Securities Act of 1933rd. This press release may include statements and information about future events, designated by terms such as "will", "want", "plan", "believe", "expect", "intend", "anticipate", "estimate" or similar terms. Such forwardlooking statements are based on current expectations and assumptions that can not be guaranteed and carry an inherent risk of change or inacurracy. Actual results achieved by PANTALEON Entertainment can differ widely from expectations expressed herein. PANTALEON Entertainment AG assumes no responsibility for updating or correcting such forward-looking statements in case of varying results.