22.11.2018 09:46:22

DGAP-News: PANTAFLIX AG implements stock split

DGAP-News: Pantaflix AG / Key word(s): Corporate Action
PANTAFLIX AG implements stock split

22.11.2018 / 09:46
The issuer is solely responsible for the content of this announcement.


PANTAFLIX AG implements stock split

Munich, 22 November 2018.
On 7 October 2018, PANTAFLIX AG's capital increase from company funds was entered in the commercial register. The conversion was resolved at the Annual General Meeting of PANTAFLIX AG (GSIN: A12UPJ, ISIN: DE000A12UPJ7) on 25 July 2018. The share capital now totals EUR 13,975,500.00 and is divided into 13,975,500 no-par-value bearer shares.

Company shareholders are therefore entitled to receive so-called bonus shares at a ratio of 1:10 from the increase in share capital through a (partial) conversion of own capital reserves. The last trading day before the stock split, the technical implementation of the increase in share capital from company funds and the issue of bonus shares is expected to be 26 October 2018. The new shares will be listed on 29 October 2018 and the shares will be allocated by means of securities account credit based on stocks on the evening of 28 October 2018. As of 29 November 2018, shareholders will thus have a total of 11 no-par-value shares with a notional value of EUR 1.00 each in the share capital for each no-par-value share with a notional value of EUR 1.00 previously held in custody by booking in further 10 no-par-value shares.

PANTAFLIX AG shareholders do not need to take any action. The new shares are entitled to dividends from the beginning of the current 2018 financial year. Listing and securities identification number remain unchanged. Stock exchange orders not yet executed will expire at the end of 26 October 2018. The Group is using the stock split to make PANTAFLIX shares more appealing, in particular for private investors, and also to boost trading liquidity.
About PANTAFLIX AG:
PANTAFLIX AG (WKN: A12UPJ, ISIN: DE000A12UPJ7) is one of Europe's fastest-growing media companies. The company pursues a 360-degree approach to production, distribution, exploitation and marketing of films, series and the related rights. In addition to the traditional film production business PANTALEON Films, the music label PantaSounds and the brand integration unit March & Friends, the cloud-based video-on-demand (VoD) platform PANTAFLIX is also part of the Group. The focus of the VoD platform is on making international content available on a global level. With this move, PANTAFLIX is tapping a vital and continuously growing market and addressing more than 258 million expats and people living outside their native country worldwide.

PANTAFLIX AG cooperates with prestigious partners such as Amazon, Disney, Warner Bros., StudioCanal and Premiere Digital Services. In its home market of Germany, the Group has offices in Berlin, Cologne, Munich and Frankfurt am Main. In digital expert Stefan Langefeld and media manager Nicolas Paalzow, PANTAFLIX AG has a unique management team with deep roots in the film/TV and technology industry.

For further information, visit www.pantaflixgroup.com and www.pantaflix.com.

Investor Relations
CROSS ALLIANCE communication GmbH
Susan Hoffmeister
Tel.: +49 (0)89 898 272 27
E-mail: sh@crossalliance.com



22.11.2018 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


Language: English
Company: PANTAFLIX AG
Holzstraße 30
80469 Munich
Germany
Phone: +49 89 2323 85 50
Fax: +49 89 2323 85 519
E-mail: ir@pantaflix.com
Internet: www.pantaflixgroup.com
ISIN: DE000A12UPJ7
WKN: A12UPJ
Indices: Scale 30
Listed: Regulated Unofficial Market in Berlin, Dusseldorf, Frankfurt (Scale), Munich, Stuttgart, Tradegate Exchange

 
End of News DGAP News Service

749307  22.11.2018 

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