EQS-PVR: ProSiebenSat.1 Media SE: Release according to Article 40, Section 1 of the WpHG [the German Securities Trading Act] with the objective of Europe-wide distribution

EQS Voting Rights Announcement: ProSiebenSat.1 Media SE
ProSiebenSat.1 Media SE: Release according to Article 40, Section 1 of the WpHG [the German Securities Trading Act] with the objective of Europe-wide distribution

31.05.2023 / 16:18 CET/CEST
Dissemination of a Voting Rights Announcement transmitted by EQS News - a service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.


PPF IM LTD notified us of the following on 29 May 2023 pursuant to Sec. 43 para. 1 of the German Securities Trading Act:

“We refer to the voting rights notification pursuant to Sections 33, 34 of the German Securities Trading Act (WpHG) of PPF IM LTD dated 5 May 2023 notifying that we, PPF IM LTD, have exceeded the threshold of 10% of the voting rights in ProSiebenSat. 1 Media SE (the “Company”) on 2 May 2023. We hereby inform you pursuant to Section 43 para. 1 of the WpHG about the following:

A.    Pursued Goals
  1. The investment is a long-term strategic investment.
  2. We intend to acquire additional voting rights in the Company during the course of the next twelve months by means of a purchase or by other means.
  3. We are seeking representation on the supervisory board of the Company in light of the significance of our shareholding.
  4. We do not intend to achieve significant changes in the capital structure of the Company, although we are supportive of future improvements to the ratio between equity and debt as well as increases to dividend payments in the framework of the Company's recently adjusted dividend policy.
B.    Sources of the Funds Used

The purchases of 10.10% of the voting rights in the Company by PPF IM LTD are funded from PPF IM LTD's own equity and from debt.”


31.05.2023 CET/CEST The EQS Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases.
Archive at www.eqs-news.com


Language: English
Company: ProSiebenSat.1 Media SE
Medienallee 7
85774 Unterföhring
Germany
Internet: www.prosiebensat1.com

 
End of News EQS News Service

1644723  31.05.2023 CET/CEST

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