Finance

CEO Klaus-Peter Schulenberg transfers his shareholdings in CTS Eventim AG & Co. KGaA and EVENTIM Management AG to Hamburg based KPS Stiftung (below “KPS Foundation”).

Munich, 30. December 2015. Klaus-Peter Schulenberg , CEO and main shareholder of the MDAX-listed CTS Eventim AG & Co. KGaA (ISIN DE0005470306), has informed the company today of having transferred on 28. December 2015 his 48,194,000 shares of CTS Eventim AG & Co. KGaA (appx. 50.2% of the registered capital) and 50,000 shares of EVENTIM Management AG (100% of the registered capital) to KPS Foundation seated in Hamburg.  
 
With the transfer of his shareholdings in CTS Eventim AG & Co. KGaA and EVENTIM Management AG to KPS Foundation, Klaus-Peter Schulenberg underlines and strengthens the ties between him and the company and its shareholders. Thus, the voting rights associated with his shareholdings will continue to contribute to CTS Eventim’s wellbeing and corporate success in the future.  
 
KPS Foundation receives by endowment the voting rights of 48,194,000 shares in CTS Eventim AG & Co. KGaA (50.2% of equity) and crosses holding thresholds of 3%, 5%, 10%, 20%, 25%, 30% and 50% in CTS Eventim AG & Co. KGaA according to § 21 of the German Securities Trading Act (Wertpapierhandelsgesetz / below “WpHG”). 
 
According to the current administrative practice of the German Federal Financial Supervisory Agency (Bundesanstalt für Finanzdienstleistungsaufsicht / below “BaFin”) no Directors Dealing is at hand, as the given transfer bears the nature of an endowment, respectively a transfer without any consideration.  
 
The BaFin has also provided KPS Foundation with an exemption according to § 37 of the German Securities Acquisition and Takeover Act (Wertpapierübernahmegesetz / below “WpÜG”) from a mandatory takeover offer according to § 35 WpÜG, since the transfer only converts Klaus-Peter Schulenberg’s holdings in CTS Eventim AG & Co. KGaA and EVENTIM Management AG from direct into indirect holdings.  

Marco
Marco Haeckermann
Vice President Corporate Development & Strategy
Frank
Frank Brandmaier
Head of Corporate Communications

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