DGAP-Adhoc: DEAG Deutsche Entertainment Aktiengesellschaft extends Executive Board contract with CEO and plans business expansion


 
DEAG Deutsche Entertainment Aktiengesellschaft  / Key word(s): Change of Personnel

06.11.2015 11:06

Dissemination of an Ad hoc announcement according to § 15 WpHG, transmitted
by DGAP - a service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.

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Ad hoc announcement in accordance with § 15 WpHG (German Securities Trading
Act)

DEAG extends Executive Board contract with CEO and plans business expansion

Berlin, November 06, 2015 - The Supervisory Board of DEAG Deutsche
Entertainment Aktiengesellschaft (ISIN: DE000A0Z23G6 | WKN: A0Z23G), listed
in the Prime Standard of the Frankfurt Stock Exchange, has extended the
Executive Board contract with Professor Peter Schwenkow, expiring at the
end of 2015, for a period of three years until December 31, 2018. The
Executive Board hence continues to include Professor Peter Schwenkow as
Chairman of the Executive Board, CEO, Christian Diekmann as CFO/COO and
Detlef Kornett as CMO.

The division board members Moritz Schwenkow and Jacqueline Zich also
continue to supplement the executive Team in future.

DEAG Deutsche Entertainment Aktiengesellschaft
The Executive Board


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Information and Explaination of the Issuer to this News:

Explanatory part

With the contract extension of Professor Peter Schwenkow as CEO, the
continuity of the executive management is ensured together with the members
of the Executive Board. This is an important basis for the focussed
continuation of the growth strategy.

For DEAG the focus will be during the next three years on the further
strengthening of its own distribution channel MyTicket, which is
established in Germany together with Axel Springer and ProSiebenSat.1. This
segment is at present already exceeding expectations. The success of
myticket.co.uk testifies to the successful establishment on foreign
markets. An expansion to Austria and later on to Switzerland is, therefore,
on the agenda.

Moreover, the further expansion of the national and international festival
business and the enlargement of the Family Entertainment segment with
'Disney on Ice', 'Riverdance', 'Circus Roncalli', 'Night of the Jumps' and
the further development of the Classical Music segment are expedited. The
Executive Board is, therefore, optimistic that it will be able to gain
higher market shares in Germany, Austria, Switzerland and the United
Kingdom with its attractive Live Entertainment offering in conjunction with
own customer and service-oriented distribution channels.


Contact for further information:
Axel Mühlhaus
edicto GmbH
Tel: +49-69-90 550 552
Email: [email protected]

06.11.2015 The DGAP Distribution Services include Regulatory Announcements,
Financial/Corporate News and Press Releases.
Media archive at www.dgap-medientreff.de and www.dgap.de

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Language:     English
Company:      DEAG Deutsche Entertainment Aktiengesellschaft
              Potsdamer Straße 58
              10785 Berlin
              Germany
Phone:        +49-30-810 75-0
Fax:          +49-30-810 75-519
E-mail:       [email protected]
Internet:     www.deag.de
ISIN:         DE000A0Z23G6
WKN:          A0Z23G
Listed:       Regulated Market in Frankfurt (Prime Standard); Regulated
              Unofficial Market in Berlin, Dusseldorf, Hamburg, Munich,
              Stuttgart
 
End of Announcement                             DGAP News-Service
 
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INVESTOR-INFORMATIONEN
©boersengefluester.de
DEAG
WKN Kurs in € Einschätzung Börsenwert in Mio. €
A0Z23G 3,630 Kaufen 66,78
KGV 2019e KGV 10Y-Ø BGFL-Ratio Shiller-KGV
13,96 24,81 0,543 -30,00
KBV KCV KUV EV/EBITDA
9,52 4,01 0,42 6,396
Dividende '17 in € Dividende '18e in € Div.-Rendite '17
in %
Hauptversammlung
0,00 0,00 0,00 27.06.2018
Q1-Zahlen Q2-Zahlen Q3-Zahlen Bilanz-PK
31.05.2018 31.08.2018 30.11.2018 29.03.2018
Abstand 60Tage-Linie Abstand 200Tage-Linie Performance YtD Performance 52 Wochen
0,89% 17,70% 19,02% 47,80%
       

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