DGAP-Adhoc: CTS Eventim AG & Co. KGaA: CTS EVENTIM AG & Co. KGaA reviews Federal Ministry of Transport and Digital Infrastructure"s termination of operator contract to levy infrastructure charge

2019. június 19., szerda, 12:11





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


CTS Eventim AG & Co. KGaA: CTS EVENTIM AG & Co. KGaA reviews Federal Ministry of Transport and Digital Infrastructure"s termination of operator contract to levy infrastructure charge


19-Jun-2019 / 12:11 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

CTS EVENTIM AG & Co. KGaA reviews Federal Ministry of Transport and Digital Infrastructure"s termination of operator contract to levy infrastructure charge


Munich, 19 June 2019. CTS EVENTIM AG & Co. KGaA has taken note of the Federal Ministry of Transport and Digital Infrastructure"s unilateral termination of the contract (with effect from 30 September 2019) with the operating company to levy the infrastructure charge. Together with our joint venture partner Kapsch TrafficCom AG, we are now reviewing the reasons for the termination, and its implications. The contracts concluded with the Federal Government contain protective provisions intended to prevent pecuniary damages for the operating company and its shareholders. This also applies in the event that the infrastructure charge is not introduced.



About CTS EVENTIM

CTS EVENTIM is one of the leading international providers of Ticketing and Live Entertainment. In 2018, approx. 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", "Southside", and "Lucca Summer". 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 2018, its 3,141-strong workforce generated more than 1.2 billion Euros in revenue in 21 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











19-Jun-2019 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
EQS News ID: 827271





 
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827271  19-Jun-2019 CET/CEST







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