KPS Stiftung has completed the sale of shares

Munich, 14 November 2019. Today, CTS Eventim AG & Co. KGaA was informed as follows:  

“We inform you that KPS Stiftung has successfully completed the sale of shares in CTS EVENTIM AG & Co. KGaA. KPS Stiftung has sold 4,200,000 shares in CTS EVENTIM AG & Co. KGaA to international institutional investors, corresponding to 4.375% of the voting rights. Berenberg acted as Sole Global Coordinator and Sole Bookrunner in connection with the placement. 

KPS Stiftung will remain the largest shareholder with 38.827% of the voting rights in CTS Eventim AG & Co. KGaA. 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.” 

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 MDAX segment. In 2018, its 3,141-strong workforce generated more than 1.2 billion Euros in revenue in 21 countries.