DGAP-Adhoc: Advanced Inflight Alliance AG: Increase of the cash compensation to the amount of EUR 7.63 per share in connection with the transfer resolution


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

20.02.2014 18:57

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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Non-binding voluntary Translation 

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

Increase of the cash compensation to the amount of EUR 7.63 per share in
connection with the transfer resolution

Munich, February 20, 2014 - By letter of today, Global Entertainment AG
with its registered office in Munich has informed Advanced Inflight
Alliance AG with its registered office in Munich to increase the amount of
the adequate cash compensation to be granted to the minority shareholders
to be squeezed out according to Sec. 327a para. 1 sentence 1 German Stock
Corporation Act (AktG) in conclusion with Sec. 62 para. 1 and para. 5
German Transformation Act (UmwG) to EUR 7.63 per share in Advanced Inflight
Alliance AG and thereby has amended its specified request of December 13,
2013. As announced by ad hoc announcement of Advanced Inflight Alliance AG
on December 13, 2013, Global Entertainment AG had initially determined a
reasonable cash compensation to be paid to the minority shareholders to be
squeezed out in the amount of EUR 7.35 per share in Advanced Inflight
Alliance AG.

Together with its request to increase the cash compensation Global
Entertainment AG has submitted to Advanced Inflight Alliance AG a
respectively amended written guarantee of Commerzbank AG.

Immediately after the aforementioned letter of Global Entertainment AG had
been received and reviewed, the management board and the supervisory board
of Advanced Inflight Alliance AG have decided to approve the amendment of
the proposal of the resolution by increasing the cash compensation.

The shareholders' meeting of Advanced Inflight Alliance AG to pass the
transfer resolution will take place tomorrow, on February 21, 2014.

Advanced Inflight Alliance AG

The Management Board


20.02.2014 DGAP's Distribution Services include Regulatory Announcements,
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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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