Listed on SIX Swiss Exchange - symbol YTME ir.youngtimers.com
Corporate News
Clarifications Concerning Youngtimers AG's Stake in Talenthouse AG
Basel (Switzerland), April 8, 2022
Youngtimers AG, a Swiss-listed specialist investor in European media and e-commerce space (SIX: YTME) announced by way of a Corporate News on April 5, 2022, that it owns as of that day a 6.61% ownership interest in Talenthouse AG.
Youngtimers AG herewith clarifies that such ownership interest was acquired in the realm of a repo transaction. Talenthouse GmbH, Vienna, Austria, the seller of the shares, has accordingly a call option to purchase the ownership interest back for the same price it was sold, subject to a repo fee.
Although Youngtimers AG was an important pre-IPO investor, and still stands as such, there were other shareholders who held, and still hold, larger shares in Talenthouse GmbH, as also reconfirmed by the disclosure notices published on SIX Swiss Exchange website.
Having said that, Youngtimers AG confirms that it remains open minded for various investment scenarios and that the IPO has been a great positive event for our investment in Talenthouse AG creating liquidity and market valuation for the stock, in Youngtimers AG's view.
About Youngtimers AG
Youngtimers AG is a Swiss-listed investment Company specialized on media and creative industries. Youngtimers AG is listed in Switzerland (symbol YTME on SIX Swiss Exchange) and headquartered in Basel, for more information please refer towww.youngtimers.com.
Contact:
Youngtimers AG | Investor Relations |
Elisabethenstrasse 18 | Email:ir@youngtimers.com |
4051 Basel | Web:ir.youngtimers.com |
Attachments
- Original Link
- Original Document
- Permalink
Disclaimer
Youngtimers AG published this content on 08 April 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 08 April 2022 15:59:01 UTC.