Highlight Communications AG

HLG

CH0006539198

Entertainment Production

Market Closed - Xetra Other stock markets 11:35:36 2024-04-26 am EDT			5-day change	1st Jan Change
2.4 ^EUR	0.00%		-0.83%	-11.76%

Apr. 24	Highlight Communications AG Reports Earnings Results for the Full Year Ended December 31, 2023	CI
Feb. 23	Highlight Communications' Sport1 Medien to Divest 50% of Subsidiary for EUR30 Million	MT

Highlight Communications AG: Sport1 Medien AG sells 50% stake in Sport1 GmbH as part of comprehensive co-operation

February 23, 2024 at 01:02 am EST

EQS-Ad-hoc: Highlight Communications AG / Key word(s): Strategic Company Decision
Highlight Communications AG: Sport1 Medien AG sells 50% stake in Sport1 GmbH as part of comprehensive co-operation

23-Feb-2024 / 07:00 CET/CEST
Disclosure of an inside information acc. to Article 17 MAR of the Regulation (EU) No 596/2014, transmitted by EQS News - a service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.

Publication of inside information pursuant to Article 17 MAR

Pratteln, 23 February 2024

Sport1 Medien AG sells 50% stake in Sport1 GmbH as part of comprehensive co-operation

Sport1 Medien AG, a wholly-owned subsidiary of Highlight Communications AG, has tonight agreed a comprehensive co-operation with the international media and entertainment company ACUNMEDYA, based in Istanbul, which includes the sale of 50 percent of the shares in the subsidiary Sport1 GmbH for a purchase price of 30 million Euro.

ACUNMEDYA has undertaken to produce its internationally successful entertainment and sports entertainment programmes for Sport1. Highlight Communications AG will continue to fully consolidate Sport1 GmbH for accounting purposes.

The completion of the transaction is subject to various conditions, in particular media and antitrust approvals.

Further information:

HIGHLIGHT COMMUNICATIONS AG

Investor Relations
Netzibodenstrasse 23b

CH-4133 Pratteln BL

Phone: +41 (0)61 816 96 91
Email: ir@hlcom.ch

End of Inside Information

23-Feb-2024 CET/CEST The EQS Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases.
Archive at www.eqs-news.com

Language:	English
Company:	Highlight Communications AG
	Netzibodenstrasse 23b
	4133 Pratteln
	Switzerland
Phone:	+41 61 816 96 96
Fax:	+41 61 816 67 67
E-mail:	ir@hlcom.ch
Internet:	www.hlcom.ch
ISIN:	CH0006539198
WKN:	920299
Listed:	Regulated Market in Frankfurt (Prime Standard); Regulated Unofficial Market in Berlin, Dusseldorf, Hamburg, Hanover, Munich, Stuttgart, Tradegate Exchange
EQS News ID:	1843513


End of Announcement	EQS News Service

1843513 23-Feb-2024 CET/CEST

Latest news about Highlight Communications AG

Highlight Communications AG Reports Earnings Results for the Full Year Ended December 31, 2023	Apr. 24	CI
Highlight Communications' Sport1 Medien to Divest 50% of Subsidiary for EUR30 Million	Feb. 23	MT
Highlight Communications AG Reports Earnings Results for the Half Year Ended June 30, 2023	23-08-30	CI
Highlight Communications Launches Structured Process for Potential Sport1 Media Unit Sale	23-06-14	MT
Swiss Highlight Communications examines sale of Sport1 media group	23-06-13	DP
Highlight Communications AG Reports Earnings Results for the Full Year Ended December 31, 2022	23-04-20	CI
Highlight Communications AG Reports Earnings Results for the Half Year Ended June 30, 2022	22-08-18	CI
Highlight Communications AG Appoints Stefan Wehrenberg to the Board of Directors	22-06-29	CI
Highlight Event and Entertainment's FY21 Loss Shrinks Amid Delayed Financial Reporting	22-05-18	MT
Highlight Communications AG Reports Earnings Results for the Full Year Ended December 31, 2021	22-05-01	CI
Highlight Communications AG completed the acquisition of remaining 4.805% stake in Sport1 Medien AG.	22-02-01	CI
Highlight Communications : Sets Out Cash Compensation In Sport1 Squeeze-Out	21-10-26	MT
Highlight Event And Entertainment : Unit to Launch Squeeze-Out of Sport1 Medien	21-10-25	MT
Highlight Communications Ag Reports Earnings Results for the Half Year Ended June 30, 2021	21-08-18	CI
Highlight Communications AG agreed to acquire remaining approximately 4.805% stake in Sport1 Medien AG.	21-06-28	CI
Highlight Communications AG Not to Issue Forecast For 2021	21-04-30	CI
Highlight Communications Ag Reports Earnings Results for the Half Year Ended June 30, 2020	20-08-13	CI
Highlight Communications AG Appoints Oliver Berben as Deputy CEO	20-07-23	CI
Highlight Communications AG Elects Alexander Studhalter to the Board of Directors	20-06-25	CI
Highlight Communications Ag Reports Earnings Results for the Full Year Ended December 31, 2019	20-03-31	CI
Highlight Communications AG Reaffirms Consolidated Earnings Guidance for the Fiscal 2019	19-11-04	CI
Highlight Communications AG Reports Consolidated Earnings Results for the First Nine Months of 2019	19-11-03	CI
Highlight Communications AG completed the acquisition of additional 14.2% stake in Constantin Medien AG for €30.7 million.	19-08-27	CI
Highlight Communications Ag Reports Earnings Results for the Half Year Ended June 30, 2019	19-08-21	CI
Highlight Communications Ag Provides Consolidated Earnings Guidance for the Full Year 2019	19-08-21	CI

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Company Profile

Highlight Communications AG is a Switzerland-based holding company engaged in the entertainment production. The Companyâs business is divided into two segments. The Film segment is engaged in the production, exploitation and distribution of films and film licenses, from cinema to video, digital versatile disc (DVD) and television broadcasting. The Sports and Event Marketing segment commercializes the licensing, marketing and sponsorship rights for the UEFA European championships, as well as for the Eurovision Song Contest and the Vienna Philharmonic Orchestra. The Company's subsidiaries include Constatin Film AG, Highlight Communications (Deutschland) GmbH, Rainbow Home Entertainment AG, Rainbow Home Entertainment GmbH, TEAM Television Event and Media Marketing AG and Team Football Marketing AG, among others.

Sector

Entertainment Production

Calendar

2024-05-27 - Q1 2024 Earnings Release (Projected)

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Analysts' Consensus

Sell

Buy

Mean consensus

HOLD

Number of Analysts

Last Close Price

2.344 CHF

Average target price

2.62 CHF

Spread / Average Target

+11.79%

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Sector Movie, TV Production & Distribution

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Movie, TV Production & Distribution