DGAP-Media / 2019-08-16 / 12:20
*Ariane Melanie Springer and Axel Sven Springer sell parts
of their Axel Springer shareholdings to KKR *
16 August 2019 - Ariane Melanie Springer and Axel Sven Springer, the two
grandchildren of publisher Axel Springer, have decided to accept the
voluntary public tender offer for Axel Springer SE ("Axel Springer") by
Traviata II S.à r.l., a holding company owned by funds advised by KKR, for
parts of their shareholdings.
Ariane Melanie Springer and Axel Sven Springer will accept the tender offer
for shares representing approximately 3.7 percent of the share capital of
Axel Springer SE in the course of the ongoing additional acceptance period.
With their remaining shares, they will continue to be independent
shareholders of the company.
"My sister and I are convinced of the entrepreneurial concept for the
further development of Axel Springer. We therefore back the tender offer and
intend to use the remaining part of our shareholdings to further support the
company's development and its growth path," said Axel Sven Springer.
Axel Springer shareholders who have not yet accepted the offer can do so
within the additional acceptance period, which will expire at midnight
(CEST) on 21 August 2019.
Additional information is available at www.traviata-angebot.de/en [1].
###
*KKR media contact Germany*
Raphael Eisenmann Stephanie Lichtenberg
Hering Schuppener Consulting Hering Schuppener Consulting
Phone: +49 69 92 18 74-86 Phone: +49 69 92 18 74-24
Mobile: +49 160 90 61 11 07 Mobile: +49 171 86 29 942
Email: Email:
reisenmann@heringschuppener.com slichtenberg@heringschuppener.co
m
*KKR media contact
international*
Alastair Elwen
Finsbury
Phone: +44 207 251 3801
Mobile: +44 7557 549 325
Email:
alastair.elwen@finsbury.com
*About KKR *
KKR is a leading global investment firm that manages multiple alternative
asset classes, including private equity, energy, infrastructure, real estate
and credit, with strategic partners that manage hedge funds. KKR aims to
generate attractive investment returns for its fund investors by following a
patient and disciplined investment approach, employing world-class people,
and driving growth and value creation with KKR portfolio companies. KKR
invests its own capital alongside the capital it manages for fund investors
and provides financing solutions and investment opportunities through its
capital markets business. References to KKR's investments may include the
activities of its sponsored funds. For additional information about KKR &
Co. Inc. (NYSE: KKR), please visit KKR's website at www.kkr.com and on
Twitter @KKR_Co.
*About Axel Springer *
Axel Springer is a media and technology company and active in more than 40
countries. By providing information across its diverse media brands (among
others BILD, WELT, BUSINESS INSIDER, POLITICO Europe) and classifieds
portals (StepStone Group and AVIV Group) Axel Springer SE empowers people to
make free decisions for their lives. Today, the transformation from a
traditional print media company to Europe's leading digital publisher has
been successfully accomplished. The next goal has been identified: Axel
Springer wants to become global market leader in digital content and digital
classifieds through accelerated growth. The company is headquartered in
Berlin and employs more than 16,300 people worldwide. In the fiscal year
2018, Axel Springer generated 71 percent of revenues with its digital
activities which also contributed 84 percent to earnings (adj. EBITDA).
*Disclaimer and forward looking statements*
This announcement is neither an offer to purchase nor a solicitation of an
offer to sell shares in Axel Springer SE. The terms and conditions of the
public tender offer, as well as further provisions concerning the public
tender offer are published in the offer document, the publication of which
has been approved by the German Federal Financial Supervisory Authority
(Bundesanstalt für Finanzdienstleistungsaufsicht - BaFin) to. Investors and
holders of shares in Axel Springer SE are strongly advised to read the offer
document and all other documents regarding the public tender offer when they
become available, as they will contain important information.
The public tender offer has been published exclusively under the laws of the
Federal Republic of Germany and certain applicable provisions of U.S.
takeover laws. The public tender offer documentation as well as further
documents regarding the public tender offer are available at
www.traviata-angebot.de. Any contract concluded on the basis of the public
tender offer will be exclusively governed by the laws of the Federal
Republic of Germany and is to be interpreted in accordance with such laws.
To the extent permissible under applicable law or regulation, and in
accordance with German market practice, Traviata II S.à r.l., its affiliates
or its brokers may purchase, or conclude agreements to purchase, shares in
Axel Springer SE, directly or indirectly, outside of the scope of the public
tender offer, before, during or after the period in which the offer remains
open for acceptance. This applies to other securities which are directly
convertible into, exchangeable for, or exercisable for shares in Axel
Springer SE. These purchases may be completed via the stock exchange at
market prices or outside the stock exchange at negotiated conditions. If
such purchases or arrangements to purchase are made they will be made
outside the United States and will comply with applicable law, including the
US Securities Exchange Act of 1934. Any information on such purchases will
be disclosed as required by law or regulation in Germany or any other
relevant jurisdiction and on http://www.traviata-angebot.de.
This announcement may contain certain forward-looking statements and
forecasts which relate to events and depend on circumstances that will occur
in the future. The terms "intend", "can", "may", "will", "would" or, in each
case, their negative, or other variations or comparable terminology are used
to identify forward-looking statements. Forward-looking statements are
subject to many risks, uncertainties and other variable circumstances which
may cause the statements to be inaccurate or materially differ from the
actual result, and readers are cautioned not to place undue reliance on such
statements. The forward-looking statements included in this announcement are
made only as of the date hereof. We retain the right to revise any such
statement and do not undertake, and specifically decline, any obligation to
update any such statements or to publicly announce the results of any
revisions to any of such statements to reflect future events or
developments.
End of Media Release
Issuer: KKR & Co. Inc.
Key word(s): Internet and Multimedia
2019-08-16 Dissemination of a Press Release, 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
858751 2019-08-16
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(END) Dow Jones Newswires
August 16, 2019 06:20 ET (10:20 GMT)
© 2019 Dow Jones News
