euro adhoc: e-m-s new media AG
e-m-s new media AG is branching out
its value chain in order to strength the core business home
entertainment (E)
Disclosure announcement transmitted by euro adhoc. The issuer is responsible for the content of this announcement.
The Supervisory Board of e-m-s new media AG has authorized the Management Board to take a stake of approx. 52 percent in 3L Filmverleih GmbH & Co. KG, effective from 01.09.2004. In the course of a capital increase by cash by Euro 110,000 to Euro 210,000 e-m-s new media AG will acquire 52.38 percent of the nominal capital of 3L Filmverleih GmbH & Co. KG.
Furthermore, the Supervisory Board has determined to concentrate the successful division music DVD into a subsidiary - the e-m-s music GmbH.
With the strategic investment in 3L e-m-s new media AG will support the core business home entertainment , the own label e-m-s music will strength the core business. It is also the aim to remain one of the Germanys fastest growing and most profitable media enterprises.
end of announcement euro adhoc 18.08.2004
Further inquiry note:
Sonja Norden
Tel.: +49 (0) 231 9455 333
E-Mail: s.norden@ems-newmedia.com
Branche: Media
ISIN: DE0005212807
WKN: 521280
Index: CDAX, Classic All Share, Prime All Share, Prime Standard
Börsen: Frankfurter Wertpapierbörse / regulated dealing
Niedersächsische Börse zu Hannover / free trade
Berliner Wertpapierbörse / free trade
Bayerische Börse / free trade
Hamburger Wertpapierbörse / free trade
Bremer Wertpapierbörse (BWB) / free trade
Börse Düsseldorf / free trade
Baden-Württembergische Wertpapierbörse / free trade