DGAP-Adhoc: SPORTTOTAL and Porsche: collaboration extended for another two years until the end of 2022

2020. december 17., csütörtök, 17:33





DGAP-Ad-hoc: SPORTTOTAL AG / Key word(s): Alliance


SPORTTOTAL and Porsche: collaboration extended for another two years until the end of 2022


17-Dec-2020 / 17:33 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.




Publication of insider information pursuant to Article 17 MAR

SPORTTOTAL AG, ISIN: DE000A1EMG56 / WKN: A1EMG5



SPORTTOTAL and Porsche: collaboration extended for another two years until the end of 2022



- Revenue potential of between €15 and €25 million per year in the LIVE segment



- Porsche Experience to be operated by SPORTTOTAL for the eighth year in a row



membership



Cologne, December 17, 2020. The Porsche Experience is to be operated by SPORTTOTAL in the future as well: Dr. Ing. h.c. F. Porsche AG and SPORTTOTAL EVENT GmbH, a wholly owned sub-subsidiary of SPORTTOTAL AG, have today extended their cooperation until the end of 2022. SPORTTOTAL has thus secured the Group"s largest individual contract for another two years. Depending on the impact of the Covid-19 pandemic going forward, SPORTTOTAL EVENT GmbH anticipates that it will be able to realise annual revenues of between €15 and €25 million. 2021 will mark the eighth year of the ongoing and successful cooperation with Porsche AG and the ninth since the beginning of the partnership. As before, SPORTTOTAL EVENT will be responsible for all ICE EXPERIENCE, TRACK EXPERIENCE, ADVENTURE EXPERIENCE and TRAVEL EXPERIENCE events.



SPORTTOTAL AG

Am Coloneum 2

50829 Cologne
www.sporttotal.com

Tel: +49 (0) 221_7 88 77_ 0

Fax: +49 (0) 221_7 88 77_ 199
info@sporttotal.com

Investor Relations

BSK Becker+Schreiner Kommunikation GmbH

Tobias M. Weitzel

Tel: +49 (0) 177_7 21 57 60
weitzel@kommunikation-bsk.de






 








17-Dec-2020 CET/CEST The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases.
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Language: English
Company: SPORTTOTAL AG

Am Coloneum 2

50829 Köln

Germany
Phone: +49 (0)221 7 88 77 0
Fax: +49 (0)221 7 88 77 199
E-mail: info@sporttotal.com
Internet: www.sporttotal.com
ISIN: DE000A1EMG56
WKN: A1EMG5
Listed: Regulated Market in Frankfurt (General Standard); Regulated Unofficial Market in Berlin, Dusseldorf, Hamburg, Stuttgart, Tradegate Exchange
EQS News ID: 1156116





 
End of Announcement DGAP News Service




1156116  17-Dec-2020 CET/CEST







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