Highlight Event and Entertainment Aktie
WKN: 896040 / ISIN: CH0003583256
20.07.2017 19:30:41
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EQS-Adhoc: Highlight Event and Entertainment AG invests in 5EL SA
EQS Group-Ad-hoc: Highlight Event and Entertainment AG / Key word(s): Investment Highlight Event and Entertainment AG invests in 5EL SA
20-Jul-2017 / 19:00 CET/CEST Release of an ad hoc announcement pursuant to Art. 53 KR
The Board of Directors of Highlight Event and Entertainment AG (the "Company") has resolved to acquire a further 544,409 no-par value shares (17.49%) in 5EL SA, a Lausanne-based company listed on the SIX Swiss Exchange.
Instead of a cash payment, the Company has taken the opportunity to offset the purchase price against the loan receivable from Highlight Venture Corp. (USA). The purchase price for the shares in 5EL SA amounted to CHF 3,941,521. The acquisition was a non-cash transaction.
Following the transaction, the Company has a 19.99% financial investment in 5EL SA (post restructuring and capital increase).
Contact information Highlight Event and Entertainment AG Netzibodenstrasse 23b 4133 Pratteln, Switzerland
info@hlee.ch http://www.hlee.ch [1]
End of ad hoc announcement Language: English Company: Highlight Event and Entertainment AG Netzibodenstrasse 23b 4133 Pratteln Switzerland Phone: +41 41 226 05 97 Fax: +41 41 226 05 98 E-mail: info@hlee.ch Internet: www.hlee.ch ISIN: CH0003583256 Valor: 896040 Listed: SIX Swiss Exchange
End of Announcement EQS Group News Service
594509 20-Jul-2017 CET/CEST
1: http://public-cockpit.eqs.com/cgi-bin/fncls.ssp?fn=redirect&url=0231b44a4ddb08848013df99f013e5da&application_id=594509&site_id=vwd&application_name=news (END) Dow Jones Newswires
July 20, 2017 13:00 ET (17:00 GMT)- - 01 00 PM EDT 07-20-17

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