DGAP-Adhoc: DEAG completes acquisition of a majority stake in the British promoter KILIMANJARO LIVE

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| Source: EQS Group AG
DEAG Deutsche Entertainment Aktiengesellschaft  / Key word(s):
Investment/Agreement 

08.05.2014 22:59

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 disclosure in accordance with § 15 WpHG (German Securities Trading
Act)

DEAG completes acquisition of a majority stake in the British promoter
KILIMANJARO LIVE

Berlin, May 8, 2014 - DEAG Deutsche Entertainment AG ("DEAG"), Berlin (ISIN
DE000A0Z23G6, Securities Identification Number WKN A0Z23G), has
successfully completed this evening the negotiations about the acquisition
of a 51 percent stake in the British concert, tour and festival promoter
KILIMANJARO LIVE and its subsidiary TWIN PEAKS Ltd and executed the
acquisition through its subsidiary DEAG Concerts GmbH. The purchase price
of almost EUR 4.0 million might increase subsequently, depending on the
future business development of the company between 2014 to 2017.

DEAG Deutsche Entertainment AG
The Executive Board

Contact for further information:
Axel Mühlhaus
edicto GmbH
Tel: +49-69-90 550 552
E-Mail: deag@edicto.de

About DEAG: 
DEAG Deutsche Entertainment AG is a leading provider of live entertainment
and the largest promoter of high-margin classical music events in Europe.

With affiliated companies in Germany, the United Kingdom, Switzerland and
Austria, DEAG stages more than 1,500 events per year in the fields of
Rock/Pop, Classical Music, German Hit Songs & Middle-of-the-Road Music as
well as Family Entertainment and sells more than 3.5 million tickets.

As an integrated Entertainment Content company DEAG covers the entire value
chain within the framework of its 360 degree approach. The shares of DEAG
(ISIN DE000A0Z23G6) are listed in the Prime Standard of the Frankfurt Stock
Exchange.


08.05.2014 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:      DEAG Deutsche Entertainment Aktiengesellschaft
              Potsdamer Straße 58
              10785 Berlin
              Germany
Phone:        +49-30-810 75-0
Fax:          +49-30-810 75-519
E-mail:       deag@edicto.de
Internet:     www.deag.de
ISIN:         DE000A0Z23G6
WKN:          A0Z23G
Listed:       Regulierter Markt in Frankfurt (Prime Standard); Freiverkehr
              in Berlin, Düsseldorf, Hamburg, München, Stuttgart
 
End of Announcement                             DGAP News-Service
 
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