EQS-Ad hoc: Goldbach AG

Definitive interim result regarding the Goldbach acquisition: close to 90 percent of the shares have already been tendered to Tamedia

Küsnacht, 26.03.2018. The definitive interim result of Tamedia's takeover offer for the Goldbach Group is now available: A total of 89.48 percent of the Goldbach Group's shares have already been tendered. The grace period begins tomorrow, Tuesday, 27 March and ends on 11 April 2018 at 4:00 pm. Tamedia expects that over 90 percent of the Goldbach shares will be tendered by the end of the grace period and, in this case, intends to have the Goldbach Group delisted.

On 22 December 2017, the Swiss media group Tamedia made a preliminary announcement for a public tender offer to purchase all shares issued by the Goldbach Group AG (ISIN CH0004870942). On 2 February 2018, Tamedia AG published the detailed Offer Prospectus for the takeover of the Goldbach Group AG, with an offer of CHF 35.50 for each registered share. As confirmed by the definitive interim result, a total of 5,631,725 shares of the Goldbach Group had been tendered to Tamedia by the end of the offer period on 20 March 2018, 4:00 pm. This represents 89.48 percent of the maximum number of 6,293,876 Goldbach shares subject to the offer.

Shareholders who have not yet tendered their shares may do so during the grace period of 10 trading days between 27 March and 11 April 2018, 4:00 pm CET. Tamedia expects that over
90 percent of the Goldbach shares will be tendered by the end of the grace period. In this case, Tamedia plans to pay a cash compensation to the remaining minority shareholders upon execution and to have the Goldbach Group delisted.

Subject to fulfilment of certain conditions, Tamedia has declared that the offer has been successful. The offer remains subject to the offer restrictions and conditions in the Offer Prospectus, among other things including the approval of the Swiss Federal Competition Commission. Tamedia and Goldbach expect to be granted this approval in May or, in the case of an in-depth review, at the latest by September 2018. It is therefore expected that the completion of the offer, subject to the fulfilment of all terms and conditions of the offer, will be postponed accordingly as published in the Offer Prospectus.

The text of the pre-announcement, the Offer Prospectus and all information concerning the offer restrictions may be downloaded at www.tamedia.ch/goldbach

Further information:
Investor Relations 
Goldbach Group AG
Lukas Leuenberger
CFO
T +41 44 914 91 00 
lukas.leuenberger@goldbachgroup.com
www.goldbachgroup.com 

Corporate Communication
Goldbach Group AG
Jürg Bachmann
Head of Communications & Marketing / Public Affairs
M +41 79 600 32 62
juerg.bachmann@goldbachgroup.com
www.goldbachgroup.com

The corporate profile of the Goldbach Group
The Goldbach Group companies market and represent advertising in private electronic media in the areas of television, radio, digital-out-of-home, online, search engine and mobile marketing. As an independent aggregator, Goldbach offers its clients advertising windows where selected target groups receive commercial information at the right time irrespective of their location. The Group's core business comprises planning, consulting, creation, concept development, purchasing and implementation through to assessment of the deployment of electronic offline and online media and cross-media campaigns based on data-driven technologies.

The Goldbach Group is listed on the SIX Swiss Exchange (Swiss Reporting Standard, security number 487094, ISIN CH0004870942, ticker symbol: GBMN), is based in Switzerland (Küsnacht ZH) and is active in German-speaking countries.

Further information:
http://www.goldbachgroup.com/en-us/investor-relations/ad-hoc-press-releases