CTS Eventim AG / Key word(s): AGM/EGM 31.03.2014 14:11 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. --------------------------------------------------------------------------- Ad hoc Announcement pursuant to Section 15 WpHG (Securities Trading Act) CTS EVENTIM plans to strengthen ability to raise equity by change of legal form Proposal of Supervisory Board and Management Board for the Annual General Meeting on 8 May 2014 / high standards of Corporate Governance to be maintained Munich, 31 March 2014. Management Board and Supervisory Board of SDAX-listed CTS Eventim AG (ISIN DE0005470306) have decided to propose a change of the legal form of the Company from a stock corporation (Aktiengesellschaft) into a partnership limited by shares (Kommanditgesellschaft auf Aktien) to the Annual General Meeting scheduled for 8 May 2014. Under the German Reorganization Act (Umwandlungsgesetz), the approval of the shareholders is required for such change. The change of form serves to strengthen the equity financing capability of the Company with a view to further internationalization and continuation of the consistent growth of CTS Eventim AG. The aim is to provide the structural requirements for an independent access to capital markets by separation of corporate governance and capital participation. At the same time the existing high standards of Corporate Governance are to be maintained. To this purpose, among other things the general partner of the KGaA shall have the legal form of a stock corporation under German law, and thus be governed by the same standards of Corporate Governance as the previous operating company. For the proposed resolution, the Management Board has prepared a detailed conversion report which is made ââavailable to the shareholders. In the context of the proposed change of form, Management Board and Supervisory Board of CTS Eventim AG have also decided to submit to the Annual General Meeting on 8 May 2014 a proposed decision on a capital increase from company funds in the amount of EUR 48.000.000 with the result of a 1:1 stock split, and on the creation of a new authorized capital, since the current Authorized Capital 2009 expires in May 2014. For further information: Marco Haeckermann, Director Investor Relations, CTS EVENTIM AG, +49 (0)421 3666-270 Volker Bischoff, CFO, CTS EVENTIM AG, +49 (0)421 3666-233 31.03.2014 DGAP's Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases. Media archive at www.dgap-medientreff.de and www.dgap.de --------------------------------------------------------------------------- Language: English Company: CTS Eventim AG Dingolfinger Str. 6 81673 München Germany Phone: 0421/ 3666-233 Fax: 0421/ 3666-290 E-mail: claudia.aderhold@eventim.de Internet: www.eventim.de ISIN: DE0005470306 WKN: 547030 Indices: SDAX Listed: Regulierter Markt in Frankfurt (Prime Standard); Freiverkehr in Berlin, Düsseldorf, Hamburg, Hannover, München, Stuttgart End of Announcement DGAP News-Service ---------------------------------------------------------------------------
DGAP-Adhoc: CTS EVENTIM plans to strengthen ability to raise equity by change of legal form
| Source: EQS Group AG