Brief: Publity Major Shareholder And CEO Intends To Sell Equity Stakes

Publity AG

28/05/2020 09:56

May 28 (Reuters) - PUBLITY AG  PBYG.DE :
    * MAJOR SHAREHOLDER AND CEO INTENDS TO SELL EQUITY STAKES
    * THOMAS OLEK, HAS INFORMED COMPANY THAT HE IS IN ADVANCED
NEGOTIATIONS WITH INTERNATIONAL INSTITUTIONAL INVESTORS
REGARDING SALE OF EQUITY STAKES OF PUBLITY
    * THOMAS OLEK'S INDIRECT STAKE IN PUBLITY AG WOULD BE
REDUCED TO
JUST UNDER 50% OF SHARE CAPITAL
    * OLEK INTENDS TO CONTINUE TO BUY SHARES OF PUBLITY VIA
MARKET IN
FUTURE, DEPENDING ON SHARE PRICE
    * THOMAS OLEK ALSO INFORMED INTENDS TO REMAIN ASSOCIATED
WITH
PUBLITY IN LONG TERM AS A MEMBER OF EXECUTIVE BOARD AND MAJOR
SHAREHOLDER

Source text for Eikon:  ID:nEQ6ZVMSla 
Further company coverage:  PBYG.DE 

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