April 25, 2017 / 4:06 PM / 3 months ago

REFILE-BRIEF-CTS Eventim: KPS Stiftung intends to place shares

1 Min Read

(Refiles to add the fifth bullet point)

April 25 (Reuters) - CTS Eventim AG & Co. KGaA

* Was informed that KPS Stiftung intends to place shares

* Sale of shares, on one hand, aims at increasing trading volume in CTS Eventim AG & Co. KGaA shares

* On other hand, proceeds from sale will be used to fund investments and operations of KPS Global Asset Management GmbH & Co. KgaA, investment vehicle within KPS Stiftung

* Aside from todays' sale of shares in CTS Eventim AG & Co. KGaA and its commitment to 180 days lockup period, KPS Stiftung does not intend to further dilute its position as a main shareholder in CTS Eventim AG & Co. KGaA

* KPS Stiftung intends to place up to 4,800,000 shares in CTS Eventim AG & Co. KGaA, corresponding to up to 5% of the voting rights Source text for Eikon: Further company coverage: (Gdynia Newsroom)

0 : 0
  • narrow-browser-and-phone
  • medium-browser-and-portrait-tablet
  • landscape-tablet
  • medium-wide-browser
  • wide-browser-and-larger
  • medium-browser-and-landscape-tablet
  • medium-wide-browser-and-larger
  • above-phone
  • portrait-tablet-and-above
  • above-portrait-tablet
  • landscape-tablet-and-above
  • landscape-tablet-and-medium-wide-browser
  • portrait-tablet-and-below
  • landscape-tablet-and-below