DGAP-News: CECONOMY AG / Key word(s): AGM/EGM 
CECONOMY AG shareholders approve capital measures to reorganize shareholdings in MediaMarktSaturn (news with additional 
features) 
2021-02-17 / 14:03 
The issuer is solely responsible for the content of this announcement. 
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CECONOMY AG shareholders approve capital measures to reorganize shareholdings in MediaMarktSaturn 
  . Shareholders approve capital measures related to acquisition of the MediaMarktSaturn minority stake and 
    reorganization of the shareholder structure with overwhelming majority 
  . Approval of transaction with Convergenta paves the way for a simplified corporate structure and further tax 
    consolidation 
Düsseldorf, 17 February 2021 - At today's Annual General Meeting of CECONOMY AG ("CECONOMY"), shareholders approved all 
resolutions proposed by CECONOMY with the required majority. 
The proposal for the capital increase and issuance of the convertible bonds, both against contribution-in-kind and 
excluding statutory subscription rights, in connection with the acquisition of the MediaMarktSaturn minority stake, was 
approved by 98.94% of the shareholders' votes cast. Closing of this transaction is expected at the earliest by end of 
Q1 2021. Subsequently, Convergenta will become CECONOMY's largest shareholder and hold an approximately 25.9% stake, 
which could be increased further via conversion of the new convertible bonds. 
The shareholder approval paves the way for a further integration of MediaMarktSaturn. Following this milestone and 
envisaged closing, the company will move ahead with tax consolidation measures, thereby unlocking significant value 
creation potential. 
The presence, including electronic absentee, corresponded to 81.51% of the share capital. In order to protect the 
health of all individuals involved, CECONOMY organized a virtual Annual General Meeting for the very first time. The 
voting results on the individual agenda items of the Annual General Meeting can be found at https://www.ceconomy.de/ 
general-meeting at the latest on 18 February 2021. 
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About CECONOMY 
CECONOMY AG empowers life in the digital world. It is leading for concepts and brands in the field of consumer 
electronics. The companies in the current CECONOMY portfolio have billions of consumer contacts per year and provide 
products, services and solutions that make life in the digital world easy and enjoyable, creating value for consumers 
and shareholders alike. 
Contact 
CECONOMY AG 
Kaistr. 3 
40221 Düsseldorf, Germany 
Investor Relations 
Telephone +49 (0) 211-5408-7222 
Email IR@ceconomy.de 
Website https://www.ceconomy.de/en/investor-relations/ 
 
Forward-Looking Information 
This announcement may contain forward-looking statements that are based upon current views and assumptions of the 
CECONOMY management, which were made to its best knowledge. Forward-looking statements are subject to known and unknown 
risks, uncertainties and other factors which could cause the earnings position, profitability, performance or the 
results of CECONOMY to differ materially from the earnings position, profitability, performance or the results 
expressly or implicitly assumed or described in these forward-looking statements. In consideration of these risks, 
uncertainties and other factors, persons receiving these documents are advised not to rely on these forward-looking 
statements. CECONOMY does not assume any liability or guarantee for such forward-looking statements and will not adjust 
them to any future results and developments. 
 
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Additional features: 
File: CECONOMY AG shareholders approve capital measures to reorganize shareholdings in MediaMarktSaturn 
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2021-02-17 Dissemination of a Corporate News, transmitted by DGAP - a service of EQS Group AG. 
The issuer is solely responsible for the content of this announcement. 
The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases. 
Archive at www.dgap.de 
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Language:     English 
Company:      CECONOMY AG 
              Kaistr. 3 
              40221 Düsseldorf 
              Germany 
Phone:        +49 (0)211 5408-7225 
Fax:          +49 (0)211 5408-7005 
E-mail:       stephanie.ritschel@ceconomy.de 
Internet:     www.ceconomy.de 
ISIN:         DE0007257503, DE0007257537, Weitere: www.ceconomy.de/de/investor-relations/ 
WKN:          725750, 725753, Weitere: www.ceconomy.de/de/investor-relations/ 
Indices:      SDAX 
Listed:       Regulated Market in Dusseldorf, Frankfurt (Prime Standard); Regulated Unofficial Market in Berlin, 
              Hamburg, Hanover, Munich, Stuttgart, Tradegate Exchange 
EQS News ID:  1169055 
 
End of News   DGAP News Service 
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1169055 2021-02-17

(END) Dow Jones Newswires

February 17, 2021 08:05 ET (13:05 GMT)