DGAP-Adhoc: Advanced Inflight Alliance AG: Information concerning the intent of a Group Merger of Advanced Inflight Alliance AG onto Global Entertainment AG

Advanced Inflight Alliance AG  / Key word(s): Squeeze Out/Squeeze Out

31.07.2013 10:57

Dissemination of an Ad hoc announcement according to § 15 WpHG, transmitted
by DGAP - a company of EQS Group AG.
The issuer is solely responsible for the content of this announcement.

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Ad hoc announcement in accordance with Section 15 of the German Securities
Trading Act

Advanced Inflight Alliance AG: Information concerning the intent of a Group
Merger of Advanced Inflight Alliance AG onto Global Entertainment AG and
the request of Global Entertainment AG to carry out a procedure to exclude
the minority shareholders (merger-specific squeeze out)

Munich, July 31, 2013 - Global Entertainment AG (currently still trading
under Blitz 13-260 AG) has informed Advanced Inflight Alliance AG of its
intent to merge Advanced Inflight Alliance AG as transferring entity onto
Global Entertainment AG as receiving entity and proposed to enter into
negotiations concerning a merger agreement. Global Entertainment AG has
requested that the remaining shareholders (minority shareholders) of
Advanced Inflight Alliance AG should be excluded in connection with the
merger in accordance with Section 62 paragraph 5 sentence 1 of the German
Transformation Act in conjunction with Sections 327a et seqq. of the German
Stock Corporation Act (merger-specific squeeze out). The general meeting
will have to resolve upon such squeeze out. A draft of the merger agreement
will contain a respective clause.

According to its own information, Global Entertainment AG owns approx.
94.07 percent of the share capital of Advanced Inflight Alliance AG and,
thus, is the main shareholder in the meaning of Section 62 paragraph 5
sentence 1 of the German Transformation Act.

The Management Board of Advanced Inflight Alliance AG plans to enter into
negotiations with Global Entertainment AG concerning the conclusion of a
merger agreement in which connection it is intended to squeeze out the
minority shareholders of Advanced Inflight Alliance AG.

Advanced Inflight Alliance AG

The Management Board


31.07.2013 DGAP's Distribution Services include Regulatory Announcements,
Financial/Corporate News and Press Releases.
Media archive at www.dgap-medientreff.de and www.dgap.de

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Language:     English
Company:      Advanced Inflight Alliance AG
              Schellingstr. 35
              80799 München
              Germany
Phone:        +49 (0)89 613805-0
Fax:          +49 (0)89 613805-55
E-mail:       info@aialliance.com
Internet:     www.advanced-inflight-alliance.com
ISIN:         DE0001262186
WKN:          126218
Listed:       Regulierter Markt in Frankfurt (General Standard);
              Freiverkehr in Berlin, Düsseldorf, München, Stuttgart
 
End of Announcement                             DGAP News-Service
 
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