RPT: splendid medien AG: Release according to Article 111c of the AktG [the German Stock Corporation Act] with the objective of Europe-wide distribution
December 20, 2023 at 11:19 am EST
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EQS Related Party Transactions announcement: splendid medien AG
/ Release of an announcement according to Article 111c of the AktG [the German Stock Corporation Act]
splendid medien AG: Release according to Article 111c of the AktG [the German Stock Corporation Act] with the objective of Europe-wide distribution
20.12.2023 / 17:17 CET/CEST
Dissemination of a Related Party Transactions announcement transmitted by EQS News - a service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.
splendid medien AG: Publication of material transactions with related parties pursuant to Section 111c AktG with the aim of Europe-wide distribution
Cologne, December 20, 2023 - Mr. Andreas R. Klein, as majority shareholder of Splendid Medien AG (WKN 727950, ISIN DE0007279507) and member of the Executive Board, is a related party within the meaning of § 111a AktG. The long-standing rental agreement between Splendid Synchron GmbH and Mr. Albert Klein, the father of Mr. Andreas Klein, has been transferred by law to Mr. Andreas Klein and his children, as they have become the owners of the property. The rent amounts to EUR 127,000 p.a. including ancillary costs.
The consultancy agreement with Mr. Andreas Klein, on the basis of which consultancy fees of EUR 352,000 including ancillary costs were paid to Mr. Andreas Klein in the 2023 financial year, was terminated upon his appointment to the Executive Board.
20.12.2023 CET/CEST The EQS Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases. Archive at www.eqs-news.com
Splendid Medien AG is a Germany-based media company that operates in German-speaking countries, as well as in Belgium, Luxembourg and the Netherlands. The Company operates through two segments: Content and Services. The Content segment covers licensing with film rights, film exploitation in cinema and home entertainment, marketing of edutainment programs and music content as well as film production. The Services segment provides a wide range of services for the film and television industry, such as digitization, soundtrack post-production, new media and dubbing. Its subsidiaries include Splendid Film GmbH, WVG Medien GmbH, Polyband Medien GmbH, Early Learning Group GmbH, Videociety GmbH, Splendid Produktion GmbH, Enteractive GmbH and Splendid Synchron GmbH.
SPLENDID MEDIEN AG 
