The reason for the increase in the forecast is the expectation of the Management Board that the majority of the shareholders of Highlight Communications AG will follow the proposal of the Board of Directors at the Annual General Meeting on December 1, 2017 and decide on a dividend of 0.30 Swiss francs per share. The Management Board passed today the relevant resolution for the 20.6 million Highlight Communications AG shares owned by Constantin Medien. If the Annual General Meeting decides to approve the dividend proposal, then Constantin Medien AG is also entitled to this dividend for the 8 million Highlight Communications AG shares settled with the loan from Stella Finanz AG.
The Management Board has maintained the previous forecast for Group sales of Constantin Medien AG of between EUR 250 million and EUR 280 million.
The Q3 2017 statement of Constantin Medien AG will be published today, Wednesday, November 29, 2017.
About Constantin Medien AG:
ISIN: DE0009147207, DE000A1R07C3
WKN: 914720, A1R07C
Listed: Regulated Market (Prime Standard) in Frankfurt, Open Market in Berlin, Düsseldorf, Hamburg, Munich, Stuttgart and Tradegate Exchange
Contact PR:
Constantin Medien AG, Michael Röhrig, Tel.: +49 (0) 89 - 99 500 461,
Fax: +49 (0) 89 - 99 500 466, E-mail: michael.roehrig@constantin-medien.de
Contact IR:
Constantin Medien AG, Stéphane Winzenried, Tel.: +49 (0)89 - 99 500 803,
Fax: +49 (0)89 - 99 500 371, E-mail: ir@constantin-medien.de
Constantin Medien AG, Münchener Straße 101g, 85737 Ismaning, Tel.: +49
(0)89 - 99 500 0, Fax: +49 (0)89 - 99 500 111
Constantin Medien AG published this content on 29 November 2017 and is solely responsible for the information contained herein.
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