2015-09-17
Bastei Lübbe AG sells 3 % share in Daedalic Entertainment GmbH to British investor
Bastei Lübbe AG / Key word(s): Miscellaneous 17.09.2015 14:45 Dissemination of an Ad hoc announcement according to § 15 WpHG, transmitted by DGAP - a service of EQS Group AG. The issuer is solely responsible for the content of this announcement. --------------------------------------------------------------------------- Bastei Lübbe AG sells 3 % share in Daedalic Entertainment GmbH to British investor Cologne, 17 September 2015. British investor Blue Sky Tech Ventures Limited acquired 3 % of the shares in Daedalic Entertainment GmbH ("Daedalic") from Bastei Lübbe AG on the basis of a purchase agreement with effect from today. Bastei Lübbe AG retains a 48 % share in Daedalic. In addition, Blue Sky Tech Ventures Limited obtained an option to acquire another 5 % of the shares in Daedalic in the next year. The British investor already has a 55 % stake in BEAM AG. In the next four years, Daedalic is planning a considerable expansion of its business into the development and sale of adventure games. This growth programme is expected to be financed both with the support of Blue Sky Tech Ventures Limited and via equity of Daedalic Entertainment GmbH. Bastei Lübbe is deconsolidating its investment mainly as a response to Daedalic's planned self-financing. This step is intended to prevent the temporary increase in Daedalic's liabilities from negatively affecting Bastei Lübbe AG's balance sheet ratios. Contact 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 17.09.2015 The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases. Media archive at www.dgap-medientreff.de and www.dgap.de --------------------------------------------------------------------------- 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 ---------------------------------------------------------------------------