2015-09-07
Bastei Lübbe AG sells investment in Präsenta Promotion International GmbH
Bastei Lübbe AG / Key word(s): Disposal
07.09.2015 15:41
Dissemination of an Ad hoc announcement according to § 15 WpHG, transmitted
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The issuer is solely responsible for the content of this announcement.
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Bastei Lübbe AG sells investment in Präsenta Promotion International GmbH
Cologne, 7 September 2015 - As part of its growing focus on digital
content, Bastei Lübbe AG is selling its 50% investment in Präsenta
Promotion International GmbH to the co-shareholder Mr Thomas Herriger. As
part of this transaction an agreement was reached between the parties
whereby Präsenta will continue to market Bastei Lübbe AG products via the
existing network. It was agreed not to disclose the purchase price. The
sale of the investment is expected to reduce the earnings of Bastei Lübbe
AG by around EUR 1.3 million in the current financial year. This will not
affect the revenue or EBITDA targets for the 2015/2016 financial year.
Contact at Bastei Lübbe AG:
Barbara Fischer
Head of Press and
Event Marketing
Tel.: +49 (0) 221 / 82 00 28 50
E-Mail: barbara.fischer@luebbe.de
07.09.2015 The DGAP Distribution Services include Regulatory Announcements,
Financial/Corporate News and Press Releases.
Media archive at www.dgap-medientreff.de and www.dgap.de
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Language: English
Company: Bastei Lübbe AG
Schanzenstraße 6 - 20
51063 Köln
Germany
Phone: 02 21 / 82 00 - 0
Fax: 02 21 / 82 00 - 1900
E-mail: investorrelations@luebbe.de
Internet: www.luebbe.de
ISIN: DE000A1X3YY0, DE000A1K0169
WKN: A1X3YY, A1K016
Listed: Regulated Market in Frankfurt (Prime Standard); Regulated
Unofficial Market in Berlin, Dusseldorf, Hamburg, Hanover,
Stuttgart
End of Announcement DGAP News-Service
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