Brief: Constantin Medien: takes legal action against Highlight's capital hike

Highlight Communications AG

12/06/2017 17:00

June 12 (Reuters) - Constantin Medien Ag  EV4G.DE  
    * dgap-adhoc: constantin medien ag: possible loss of 
majority shareholding in highlight communications ag and 
possible deconsolidation of highlight communication ag; 
constantin medien ag is taking legal action against capital 
increase of highlight communica 
    * Says is taking legal action against execution of capital 
increase of highlight communications 
    * After the capital increase at highlight communications, 
the portion of constantin medien in share capital of hlc and 
thus also voting rights share will be diluted from approx. 
60.53% to approx. 45.4% 
    * Loss of majority shareholding and majority of voting 
rights in hlc could result in situation that in future hlc will 
no longer belong to group of fully consolidated subsidiaries of 
constantin medien ag 
 
Source text for Eikon:  ID:nEQ9jMdFRa  
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