DGAP-Adhoc: CTS Eventim AG & Co. KGaA: Consortium of CTS EVENTIM and Kapsch TrafficCom officially commissioned to collect German passenger vehicle toll

2018. december 30., vasárnap, 18:25





DGAP-Ad-hoc: CTS Eventim AG & Co. KGaA / Key word(s): Joint Venture


CTS Eventim AG & Co. KGaA: Consortium of CTS EVENTIM and Kapsch TrafficCom officially commissioned to collect German passenger vehicle toll


30-Dec-2018 / 18:25 CET/CEST


Disclosure of an inside information acc. to Article 17 MAR of the Regulation (EU) No 596/2014, transmitted by DGAP - a service of EQS Group AG.


The issuer is solely responsible for the content of this announcement.




AD HOC ANNOUNCEMENT

Consortium of CTS EVENTIM and Kapsch TrafficCom officially commissioned to collect German passenger vehicle toll



Munich/Vienna/Berlin, 30 December 2018. The German Federal Ministry of Transport and Digital Infrastructure as the responsible contracting authority today officially commissioned a consortium consisting of CTS EVENTIM AG & Co. KGaA and Kapsch TrafficCom AG with the collection of the German passenger vehicle toll ("Pkw-Maut"). After none of the unsuccessful bidders had made use of their legal protection rights under public procurement law, the client and contractor today sealed their cooperation by notarisation.



CTS EVENTIM and Kapsch TrafficCom had taken part in the EU-wide tender for this project as a bidding consortium. The operating company is to be a joint venture in which each company will hold an equal, 50-percent stake, and which both companies expect to consolidate at equity.



The contract between the Federal Republic of Germany and the operating company has a base term of twelve years starting with the first collection of the infrastructure charge. For the operating company (i.e. the joint venture), the total contract volume throughout the minimum term of the contract amounts to almost two billion euros including VAT. The principal can extend the contract once for three years, or three times by one year (hence, up to a total term of 15 years).

 



About CTS EVENTIM

CTS EVENTIM is one of the leading international providers of ticketing services and

live entertainment. In 2017, more than 250 million tickets were marketed using the company"s systems - through stationary box offices, online or mobile. Its online portals operate under brands such as eventim.de, oeticket.com, ticketcorner.ch, ticketone.it, and entradas.com. The EVENTIM Group also includes many concert, tour and festival promoter companies for events like "Rock am Ring", "Rock im Park", "Hurricane", and "Southside". In addition, some of Europe"s most renowned venues are operated by CTS EVENTIM, for example the LANXESS arena in Cologne, the Waldbühne in Berlin and the EVENTIM Apollo in London. CTS EVENTIM AG & Co. KGaA (ISIN DE 0005470306) has been listed on the stock exchange since 2000 and is currently a member of the SDAX segment. In 2017, its 3,020-strong workforce generated more than one billion euros in revenues in 23 countries.


For further information, contact:

Corporate Communications:

Christian Steinhof

Head of Corporate Communications

Tel.: +49.40.380788.7299


christian.steinhof@eventim.de



Investor Relations:
Marco Haeckermann

Vice President Corporate Development & Strategy

Tel.: +49.421.3666.270


marco.haeckermann@eventim.de











30-Dec-2018 CET/CEST The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases.
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Language: English
Company: CTS Eventim AG & Co. KGaA

Rablstr. 26

81669 München

Germany
Phone: 0421/ 3666-233
Fax: 0421/ 3666-290
E-mail: tatjana.wilhelm@eventim.de
Internet: www.eventim.de
ISIN: DE0005470306
WKN: 547030
Indices: SDAX
Listed: Regulated Market in Frankfurt (Prime Standard); Regulated Unofficial Market in Berlin, Dusseldorf, Hamburg, Hanover, Munich, Stuttgart, Tradegate Exchange





 
End of Announcement DGAP News Service




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