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

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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,
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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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