DGAP-Adhoc: Advanced Inflight Alliance AG: Exclusion of minority shareholders and merger of Advanced Inflight Alliance AG with Global Entertainment AG effective

| Source: EQS Group AG EQS Group AG 

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

16.04.2014 10:34

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


Exclusion of minority shareholders and merger of Advanced Inflight Alliance
AG  with Global Entertainment AG effective


Munich, April 16, 2014 - The merger between Advanced Inflight Alliance AG,
Munich, with Global Entertainment AG, Munich, became effective today upon
registration in the commercial register of Global Entertainment AG. This
means that Advanced Inflight Alliance AG is thus now expired.

At the same time the resolution passed at the extraordinary shareholder
meetings of Advanced Inflight Alliance AG on February 21, 2014 on the
transfer of shares of the minority shareholders of Advanced Inflight
Alliance AG  to Global Entertainment AG against payment of a reasonable
cash compensation in the amount of EUR 7.63 per ordinary bearer share of
Advanced Inflight Alliance AG pursuant to Sec. 327 a para. 1 sentence 1
German Stock Corporation Act (AktG) in conclusion with Sec. 62 para. 1 and
para. 5 German Transformation Act (UmwG) has taken effect. All the shares
held by the minority stockholders have thus been transferred to Global
Entertainment AG.

The trading of shares in Advanced Inflight Alliance AG will be suspended
immediately and the deslisting of all shares of Advanced Inflight Alliance
AG is expected to occur at the end of today's trading day. Stock exchange
dealings taking place by then are only trading in cash compensation claims
of the minority shareholders.

With regard to the settlement of the shares please refer to the
announcement of Global Entertainment AG which will be published in the
federal gazette soon.

Advanced Inflight Alliance AG

The Management Board


16.04.2014 DGAP's Distribution Services include Regulatory Announcements,
Financial/Corporate News and Press Releases.
Media archive at www.dgap-medientreff.de and www.dgap.de

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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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