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DEAG Deutsche Entertainment Aktiengesellschaft (0LAC.L)

LSE - LSE Delayed price. Currency in EUR
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3.1316-0.5884 (-15.82%)
At close: 1:52PM GMT
Full screen
Previous close3.7200
Open3.2192
Bid0.0000 x 0
Ask0.0000 x 0
Day's range3.1018 - 3.2192
52-week range3.1018 - 3.2192
Volume17,071
Avg. volumeN/A
Market cap59.74M
Beta (5Y monthly)1.13
PE ratio (TTM)N/A
EPS (TTM)-0.2330
Earnings dateN/A
Forward dividend & yieldN/A (N/A)
Ex-dividend dateN/A
1y target estN/A
  • EQS Group

    DEAG Deutsche Entertainment Aktiengesellschaft: DEAG to acquire 75% of the Danish promoter and international producer CSB Island Entertainment ApS

    DGAP-News: DEAG Deutsche Entertainment Aktiengesellschaft / Key word(s): Investment26.01.2021 / 09:02 The issuer is solely responsible for the content of this announcement.Corporate NewsDEAG to acquire 75% of the Danish promoter and international producer CSB Island Entertainment ApSBerlin, 26 January 2021 - DEAG Deutsche Entertainment Aktiengesellschaft (Prime Standard, ISIN: DE000A0Z23G6, stock exchange symbol: LOUD, "DEAG") is acquiring 75% of the shares in the Danish promoter and producer CSB Island Entertainment ApS ("CSB") via its wholly owned subsidiary DEAG Classics AG. This acquisition will significantly expand DEAG's activities and presence in Scandinavia. Through the cooperation with CSB, DEAG expects to achieve positive synergy effects in the live entertainment business as well as growth impulses for the ticketing business in Scandinavia.CSB was founded in 1994 and is one of the leading promoters and producers in Scandinavia, with around 300 events a year. The company has an extensive partner network, a broadly diversified portfolio and its own worldwide rights to productions and shows, some of which it has developed itself. In the past, CSB has organized and hosted numerous concerts and events in Scandinavia with internationally renowned artists such as KISS, James Blunt, Sir Elton John, Kylie Minogue, Placido Domingo, Anna Netrebko, Kris Kristofferson and Sissel Kyrkjebø. In addition, shows such as "The Show - A Tribute to Abba," which has now been performed in around 50 countries worldwide, "Queen Machine Symphonic" or "Disco Tango Eurovision Show" are among the company's own productions. With this offering, CSB is an excellent addition to DEAG's portfolio. CSB company founder and CEO Carsten Svoldgaard as well as COO Kenneth Svoldgaard will remain shareholders and will continue to manage the company in the long term with their team, which will remain completely with the company."DEAG has been working closely and successfully with CSB for many years, especially in the UK and Scandinavia but also in the Classics & Jazz sector. The investment in CSB is the next logical step of our trustful cooperation. Scandinavia is an economically strong market in Europe and is considered to be particularly digitally minded. We see good growth opportunities for our ticketing business in particular and expect to see synergy effects in our international business," commented Detlef Kornett, member of the Executive Board of DEAG.About DEAGDEAG Deutsche Entertainment AG (DEAG) is a leading entertainment service company and provider of live entertainment in Europe. With its group companies, DEAG has been present at 12 locations in its core markets of Germany, the UK, Switzerland and Ireland for more than 40 years. As a live entertainment service provider with an integrated business model, DEAG has extensive expertise in the conception, organization, marketing and holding of events.Founded in Berlin in 1978, DEAG's core businesses today include Rock/Pop, Classics & Jazz, Family Entertainment, Arts+Exhibitions and Ticketing. Family Entertainment and Arts+Exhibitions in particular are of great importance to the further development of DEAG's own content.In 2019, more than 5 million tickets were sold for over 4,000 events - a continuously growing proportion of which were sold via the group's own e-commerce platforms "MyTicket" and "Gigantic.com" for its own and third-party content.With its strong partner network, DEAG is excellently positioned in the market as an internationally active Live Entertainment service company.About DEAG ClassicsSince it was founded in 2004, DEAG Classics AG has grown to become one of the leading organisers and producers of classical and crossover concerts in Europe and Switzerland, in particular through the successful establishment of major classical open air concerts. The company has worked with Juan Diego Floréz, Placido Domingo, Rolando Villazón, Jonas Kaufmann, Lang Lang, David Garrett, Andrea Bocelli, The Piano Guys, Elina Garanca, Thomas Hampson, Anna Netrebko and Yusif Eyvazov to name just a few artists.Recent highlights include the arena tour of the "Game of Thrones Live Concert Experience," the worldwide broadcast of Anne-Sophie Mutter's Film Music Open Air at Königsplatz in Munich, and the tour with Juan Diego Floréz. DEAG Classics AG can also look back on numerous open air concerts broadcast on ZDF and ORF, among others, as well as worldwide broadcasts, in front of Schönbrunn Palace or at the Waldbühne in Berlin, for example. For many years, DEAG Classics AG has enjoyed a successful and Europe-wide exclusive cooperation with the world-class classical star Anna Netrebko and the internationally successful jazz trumpeter Till Brönner.Investor & Public Relations edicto GmbHAxel MühlhausPhone: 0049 69 905505-52email: deag@edicto.de26.01.2021 Dissemination of a Corporate News, transmitted by DGAP - a service of EQS Group AG.The issuer is solely responsible for the content of this announcement.The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases. Archive at www.dgap.de 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: deag@edicto.de Internet: www.deag.de ISIN: DE000A0Z23G6, DE000A2NBF25 WKN: A0Z23G, A2NBF2 Listed: Regulated Market in Berlin, Frankfurt (Prime Standard); Regulated Unofficial Market in Dusseldorf, Hamburg, Stuttgart, Tradegate Exchange; London EQS News ID: 1163183 End of News DGAP News Service

  • EQS Group

    DEAG Deutsche Entertainment Aktiengesellschaft: BaFin determines relevant average share prices for the proposed public delisting takeover offer

    DGAP-News: DEAG Deutsche Entertainment Aktiengesellschaft / Key word(s): Miscellaneous19.01.2021 / 10:28 The issuer is solely responsible for the content of this announcement.BaFin determines relevant average share prices for the proposed public delisting takeover offer Berlin, January 19, 2021 - On January 11, 2021, Musai Capital Ltd., Sliema, Malta (the "Bidder") announced its decision to submit a public delisting takeover offer to the shareholders of DEAG Deutsche Entertainment AG, Berlin, Germany ("DEAG") to acquire all no-par value bearer shares in DEAG, each representing a notional interest in the share capital of EUR 1.00 (the "DEAG Shares"), pursuant to Section 10 para. 1 sent. 1 WpÜG in conjunction with Section 39 para. 2 sent. 3 no. 1 BörsG (the "Offer"). Together with the U.S. investor Mike Novogratz, who holds approx. 14% of DEAG's shares through his family office Galaxy Group Investments LLC, as well as other shareholders of the DEAG, Apeiron and the Bidder have agreed on the key terms of a shareholders' agreement on the basis of which, subject to the successful closing of the transaction, they will exercise joint control over DEAG. In an agreement with DEAG, Apeiron and the Bidder have committed to support DEAG's further growth strategy outside the stock exchange listing.The Bidder has informed DEAG, that according to the German Federal Financial Supervisory Authority ("BaFin") the domestic volume-weighted average stock exchange prices of DEAG Shares during the last three and the last six months prior to the announcement of the Offer, which are relevant for the determination of the statutory minimum price, amount to EUR 3.09 (three months) and EUR 3.03 (six months). Therefore, according to the Bidder the offer consideration under the Offer will correspond to the volume-weighted average stock exchange prices of DEAG Shares during the last three months of EUR 3.09 per DEAG Share as determined by BaFin.About DEAGDEAG Deutsche Entertainment AG (DEAG) is a leading entertainment service company and provider of live entertainment in Europe. With its group companies, DEAG has been present at 12 locations in its core markets of Germany, the UK, Switzerland and Ireland for more than 40 years. As a live entertainment service provider with an integrated business model, DEAG has extensive expertise in the conception, organization, marketing and holding of events.Founded in Berlin in 1978, DEAG's core businesses today include Rock/Pop, Classics & Jazz, Family Entertainment, Arts+Exhibitions and Ticketing. Family Entertainment and Arts+Exhibitions in particular are of great importance to the further development of DEAG's own content.In 2019, more than 5 million tickets were sold for over 4,000 events - a continuously growing proportion of which were sold via the group's own e-commerce platforms "MyTicket" and "Gigantic.com" for its own and third-party content.With its strong partner network, DEAG is excellently positioned in the market as an internationally active Live Entertainment service company.Investor & Public Relations edicto GmbHAxel MühlhausPhone: 0049 69 905505-52email: deag@edicto.de19.01.2021 Dissemination of a Corporate News, transmitted by DGAP - a service of EQS Group AG.The issuer is solely responsible for the content of this announcement.The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases. Archive at www.dgap.de 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: deag@edicto.de Internet: www.deag.de ISIN: DE000A0Z23G6, DE000A2NBF25 WKN: A0Z23G, A2NBF2 Listed: Regulated Market in Berlin, Frankfurt (Prime Standard); Regulated Unofficial Market in Dusseldorf, Hamburg, Stuttgart, Tradegate Exchange; London EQS News ID: 1161588 End of News DGAP News Service

  • EQS Group

    DEAG plans delisting: Delisting-takeover offer agreed

    DGAP-News: DEAG Deutsche Entertainment Aktiengesellschaft / Key word(s): Offer/Delisting11.01.2021 / 07:46 The issuer is solely responsible for the content of this announcement.DEAG plans delisting: Delisting-takeover offer agreedBerlin, January 11, 2021 - DEAG Deutsche Entertainment AG ("DEAG" or the "Company"), ISIN: DE000A0Z23G6, ticker symbol: LOUD) plans to withdraw from the stock exchange ("Delisting"). For this purpose, the management board of DEAG around Prof. Peter Schwenkow has secured the support of the largest single shareholder of DEAG. In an agreement signed today with Apeiron Investment Group Ltd. ("Apeiron") and its bidder company (Musai Capital Ltd., "Bidder"), the submission of a public delisting-takeover offer was agreed as a requirement for the Delisting.In the course of the planned Delisting, it is intended to retain the Company's legal form as a stock corporation and to continue the listing of the corporate bond 2018/2023 (WKN: A2NBF2 / ISIN: DE000A2NBF25) on the Open Market (Freiverkehr) of the Frankfurt Stock Exchange. All members of the management board as well as the supervisory board will also accompany DEAG on its further growth trajectory. Furthermore, all existing contracts with employees, service providers and artists shall remain in full force and effect.The withdrawal from the regulated market of the Frankfurt Stock Exchange requires a prior public delisting-takeover offer to the shareholders of DEAG, so that all shareholders can still sell their shares prior to the Delisting. As a wholly-owned subsidiary of Apeiron, DEAG's longstanding and, with a shareholding of approx. 18%, largest single shareholder, the Bidder, in accordance with the agreement entered into, today announced such an offer with a consideration in cash, calculated according to the volume-weighted average share prices of the last three and the last six months as required by law for a delisting-takeover offer. According to the Bidder's calculation, this price is currently EUR 3.07 per DEAG share. The final price will be published by the Bidder in the offer document after confirmation by the German Federal Financial Supervisory Authority (Bundesanstalt für Finanzdienstleistungsaufsicht, BaFin). As a delisting-takeover offer, the offer will not be subject to any closing conditions.Together with the U.S. investor Mike Novogratz, who holds approx. 14% of DEAG's shares through his family office Galaxy Group Investments LLC, as well as other existing shareholders of the Company, Apeiron and the Bidder have agreed on the key terms of a shareholders' agreement. The parties to the shareholders' agreement, which in total hold approximately 47% of the DEAG Shares, will not accept the planned offer for their DEAG shares. On the basis of the shareholders' agreement, subject to the successful closing of the transaction, they will exercise joint control over DEAG. In the agreement with DEAG, Apeiron and the Bidder have committed to support DEAG's further growth strategy outside the stock exchange listing.CEO and founder of the Company, Prof. Peter Schwenkow commented: "Despite the continuing uncertainties about the future of the live entertainment industry due to the ongoing restrictions, DEAG is pleased about the continuous support and trust of all members of the management board, the supervisory board, all managing directors, partners, co-shareholders and the current major shareholders who wish to continue to jointly pursue DEAG's existing growth course in an unlisted environment of the company."As required by law, the management board and supervisory board of DEAG will issue a reasoned statement on the public delisting-takeover offer after publication of the offer document.About DEAGDEAG Deutsche Entertainment AG (DEAG) is a leading entertainment service company and provider of live entertainment in Europe. With its group companies, DEAG has been present at 12 locations in its core markets of Germany, the UK, Switzerland and Ireland for more than 40 years. As a live entertainment service provider with an integrated business model, DEAG has extensive expertise in the conception, organization, marketing and holding of events.Founded in Berlin in 1978 and listed since 1998, DEAG's core businesses today include Rock/Pop, Classics & Jazz, Family Entertainment, Arts+Exhibitions and Ticketing. Family Entertainment and Arts+Exhibitions in particular are of great importance to the further development of DEAG's own content.In 2019, more than 5 million tickets were sold for over 4,000 events - a continuously growing proportion of which were sold via the group's own e-commerce platforms "MyTicket" and "Gigantic.com" for its own and third-party content.With its strong partner network, DEAG is excellently positioned in the market as an internationally active Live Entertainment service company.About the Apeiron Investment GroupApeiron Investment Group is the family office of the German serial entrepreneur Christian Angermayer. Apeiron Investment Group focuses on financial services (especially on fintech and crypto assets), technology, life sciences, media & entertainment as well as real estate. The Apeiron Investment Group participates in seed and start-up financing as well as in larger growth investments.About Galaxy Group InvestmentsGalaxy Group Investments LLC is the family office of Michael Novogratz, founder of Galaxy Digital Holdings LP and former co-founder of Fortress Investment Group. Galaxy Group Investments LLC focuses on private capital transactions across all sectors with concentrated exposure to financial services, retail, life sciences, e-sports and entertainment. Galaxy Group Investments LLC participates in all stages of the investment spectrum from seed financing to leveraged buyouts.11.01.2021 Dissemination of a Corporate News, transmitted by DGAP - a service of EQS Group AG.The issuer is solely responsible for the content of this announcement.The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases. Archive at www.dgap.de 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: deag@edicto.de Internet: www.deag.de ISIN: DE000A0Z23G6, DE000A2NBF25 WKN: A0Z23G, A2NBF2 Listed: Regulated Market in Berlin, Frankfurt (Prime Standard); Regulated Unofficial Market in Dusseldorf, Hamburg, Stuttgart, Tradegate Exchange; London EQS News ID: 1159535 End of News DGAP News Service