DGAP-Ad-hoc: Drillisch AG / Key word(s): Agreement/Corporate Action
Drillisch AG: Contribution of 1&1 Telecommunication SE into Drillisch: Approval by Drillisch's Extraordinary General Meeting

25-Jul-2017 / 12:38 CET/CEST
Disclosure of an inside information acc. to Article 17 MAR, transmitted by DGAP - a service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.


Contribution of 1&1 Telecommunication SE into Drillisch: Approval by Drillisch's Extraordinary General Meeting

Maintal, July 25, 2017. Today, the extraordinary general meeting of Drillisch Aktiengesellschaft approved the increase of the company's registered share capital from EUR 70,209,499.80 to EUR 188,941,113.90 against contribution of all outstanding shares in 1&1 Telecommunication not currently held by Drillisch (app. 92.25 percent) in a capital increase by way of a contribution-in-kind.

A total of 46,096,340 shares or 97.85 percent of the votes validly cast voted in favor of the company's boards' motion to increase the share capital in order to combine the mobile business of Drillisch with United Internet's mobile and fixed-network business which is held by 1&1 Telecommunication.

Following registration of the capital increase with the commercial register, United Internet's indirect and direct interest in Drillisch will increase from a currently held 30.95 percent to a total of app. 73.11 percent.

Contact

Drillisch Aktiengesellschaft

Investor Relations:
Oliver Keil
Telephone: +49 06181 / 412-200
E-mail: ir@drillisch.de

Important note:
This publication is neither an offer to purchase nor a solicitation of an offer to sell shares of Drillisch Aktiengesellschaft. To the extent that this publication contains forward-looking statements, such statements do not represent facts and are characterized by the words "will", "expect", "believe", "estimate", "intend", "aim", "assume" or similar expressions. Such forward-looking statements express the intentions, opinions or current expectations and assumptions of Drillisch Aktiengesellschaft. Such forward-looking statements are based on current plans, estimates and forecasts which Drillisch Aktiengesellschaft has made to the best of their knowledge, but which do not claim to be correct in the future. Forward-looking statements are subject to risks, uncertainties and changes in the accompanying circumstances that are difficult to predict and usually cannot be influenced by Drillisch Aktiengesellschaft. These expectations and forward-looking statements can turn out to be incorrect and the actual events or consequences may differ materially from those contained in or expressed by such forward-looking statements. Drillisch Aktiengesellschaft does not assume an obligation to update the forward-looking statements with respect to the actual development or incidents, basic conditions, assumptions or other factors.


25-Jul-2017 CET/CEST The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases.
Archive at www.dgap.de


Language: English
Company: Drillisch AG
Wilhelm-Röntgen-Straße 1-5
63477 Maintal
Germany
Phone: +49 (0)6181 412 218
Fax: +49 (0)6181 412 183
E-mail: ir@drillisch.de
Internet: www.drillisch.de
ISIN: DE0005545503
WKN: 554550
Indices: TecDAX
Listed: Regulated Market in Frankfurt (Prime Standard); Regulated Unofficial Market in Berlin, Dusseldorf, Munich, Stuttgart, Tradegate Exchange

 
End of Announcement DGAP News Service

594899  25-Jul-2017 CET/CEST

fncls.ssp?fn=show_t_gif&application_id=594899&application_name=news&site_id=zonebourse