DGAP-Adhoc: Your Family Entertainment Aktiengesellschaft plans to carry out a capital increase with subscription rights

DGAP-Ad-hoc: Your Family Entertainment AG / Key word(s): Capital increase
Your Family Entertainment Aktiengesellschaft plans to carry out a capital increase with subscription rights

16.09.2022 / 12:17 CET/CEST
Disclosure of inside information according to Article 17 of Regulation (EU) No. 596/2014, transmitted by DGAP – a service of EQS Group AG.
The issuer / publisher is responsible for the content of the notification.

Ad hoc notice of Your Family Entertainment AG
(Publication of insider information according to Article 17 of Regulation (EU) No. 596/2014)

Your Family Entertainment Aktiengesellschaft plans to carry out a capital increase with subscription rights

Munich, September 16, 2022

The Management Board of Your Family Entertainment Aktiengesellschaft (YFE), Munich, (ISIN DE000A161N14, ISIN DE000A3MQDJ8; ISIN DE000A3MQR24) plans to carry out a capital increase by partially utilizing the Authorized Capital 2022 created by the resolution of the company’s Annual General Meeting on June 28, 2022 while maintaining the Shareholder subscription rights.

Subject to the final decisions of the company’s Management Board and Supervisory Board and the approval of the necessary securities prospectus by the Federal Financial Supervisory Authority, the company plans to carry out the capital increase in November of this year. The company also assumes that the Authorized Capital 2022 in the nominal amount of up to EUR 7,075,463.00 will be available to carry out the capital increase with subscription rights.

According to current plans, the issue proceeds from this planned capital measure are to be used for the development of international broadcasters (channels) and digital platforms, for the further development of the “streaming/video-on-demand” growth market, for possible new productions from the YFE rights catalog and the pursuit of potential M&A transactions are used.

Your Family Entertainment Public Company
The board

Notifying company:
Your Family Entertainment Aktiengesellschaft, Türkenstrasse 87, 80799 Munich
ISIN DE000A161N14, Frankfurt Stock Exchange

Contact / notifying person:
Michael Huber (CFO / authorized signatory)
Phone: +49 (0)89 / 99 72 71-0
Fax: +49 (0)89 / 99 72 71-91
Email: [email protected]

Important instructions

This announcement does not constitute an offer to sell or a solicitation to buy or subscribe for any securities.

This announcement is not a prospectus. Prospective investors should base their investment decision regarding the securities mentioned in this announcement solely on the information contained in the prospectus (including any supplement thereto) prepared by the Company in connection with the public offering of these securities. Copies of this securities prospectus will be available, after approval by the Federal Financial Supervisory Authority (BaFin) and its publication, from Your Family Entertainment Aktiengesellschaft, Munich, Germany, and for viewing in electronic form on the company’s website (www.yfe.tv ) can be obtained free of charge in the “Investor Relations” section.

This announcement is not an offer of securities for sale in the United States of America. Securities may not be sold or offered for sale in the United States of America subject to prior registration or an exemption from registration under the US Securities Act of 1933, as amended (the ‘Securities Act’). If a public offering of securities were to take place in the United States of America, such offering would be made on the basis of a securities prospectus that investors could obtain from the Company. This prospectus would contain detailed information about the Company and its management, as well as the Company’s financial information. There will be no public offering of the securities referred to in this announcement in the United States of America.

Outside of Germany, this announcement is only addressed to persons in member countries of the European Economic Area (‘EEA’) and is intended exclusively for persons in member countries of the EEA who are ‘qualified investors’ within the meaning of Article 2(e) of Regulation (EU) 2017/1129 as amended.

In the United Kingdom, this information may only be distributed and is intended only for (i) professional investors within the meaning of Article 19(5) of the Financial Services and Markets Act 2000 (Financial Promotion) Order 2005, as amended (the ‘Order’ ), (ii) high net worth companies falling within Article 49(2)(a)-(d) of the Order, or (iii) other persons to whom such information may lawfully be communicated (any such person are collectively referred to herein as ‘Relevant Persons’). The Securities are available only to Relevant Persons and any invitation to subscribe for, purchase or otherwise to acquire such Securities, or any offer or agreement to do so, will be entered into only with Relevant Persons. Any person who is not a Relevant Person should not act or rely on this announcement or any of its contents.

Subject to certain exemptions under the Securities Act, the securities referred to in this announcement may not be sold or offered for sale in Australia, Canada or Japan, or to or for the account of any person who is resident or resident in Australia, Canada or Japan.

Some of the information in this announcement may contain forecasts or other forward-looking statements regarding future events or the future financial condition of the company. Forward-looking statements can be identified using terms such as ‘expect’, ‘believe’, ‘anticipate’, ‘estimate’, ‘intend’, ‘will’, ‘could’, ‘can’ or ‘may’ or the negative recognize the use of these terms or similar expressions. We caution you that these statements are only predictions and actual events or results may differ materially. We do not intend to update these statements to reflect events or circumstances after the date of this announcement or to reflect the occurrence of unanticipated events. Numerous factors, including but not limited to general economic conditions, our competitive environment, the risks inherent in our industry and many other risks particularly related to the Company and its business operations, could cause actual results to differ materially from those projected in our projections or forward-looking statements contained differ.

09/16/2022 CET/CEST The DGAP distribution services include legal reporting requirements, corporate news/financial news and press releases.
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