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ad-hoc disclosure pursuant to section 15 of the WpHG transmitted by euro
adhoc with the aim of a Europe-wide distribution. The issuer is solely
responsible for the content of this announcement.
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29.09.2009
After the sale of its display marketing unit AdLINK Media to Hi-media, AdLINK
Internet Media AG (AdLINK Group) finalizes its realignment.
Following the concentration on the two performance-based online marketing
businesses affilinet and Sedo, the management and supervisory board of AdLINK
Group decided to buy the remaining 24.06% of Sedo GmbH from the founders for
4.25 million newly issued shares and EUR 5.5 million in cash. Additionally,
AdLINK Group sells its shares in the display marketing companies Hi-media and
Goldbach Media to United Internet. The proceedings of EUR 45.1 million will be
used to reduce the financial debt. In addition the AdLINK Group expects to
receive extraordinary income of around EUR 12.7 million from the sale of the two
investments.
The company will also be renamed in order to reflect the new strategy. The
change and the new name will be finally decided by the annual shareholder
meeting in 2010.
Following the new focus, management will change: Stephane Cordier and Marc
Stilke will resign as members of the management board as per end of September.
Tim Schumacher, Managing Director of Sedo, and Alexander Röthinger, CTO of
affilinet, will be appointed respectively as new CEO and CTO for AdLINK Group.
Together with the CFO Andreas Janssen, they will constitute the management board
of the company.
Further inquiry note:
Marcus Schaps
Head of PR
AdLINK Internet Media AG
Elgendorfer Straße 57
56410 Montabaur
Germany
Phone: +49 (0) 2602 96-1319
Fax: +49 (0) 2602 96-1013
presse@adlinkgroup.net
Ende der Mitteilung euro adhoc
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issuer: AdLINK Internet Media AG
Elgendorfer Straße 57
D-56410 Montabaur
phone: +49 (0) 260296 96-2000
FAX: +49 (0) 2602 96-1013
mail: investorrelations@adlinkgroup.net
WWW: http://www.adlinkgroup.net
sector: Online
ISIN: DE0005490155
indexes: TecDAX, Prime All Share, Technologie All Sharestockmarkets: regulated dealing/prime standard: Frankfurt, free trade: Berlin,
Hamburg, Stuttgart, Düsseldorf, München
language: English
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