RTL: BERTELSMANN CONSIDERS REDUCING ITS SHAREHOLDING IN RTL
(The following is a reformatted version of a press release issued by RTL Group and received via electronic mail. The release was confirmed by the sender.)
Bertelsmann considers reducing its shareholding in RTL Group, but would continue to hold a qualified majority
Luxembourg, 31 January 2013 - The Board of Directors of RTL Group has been informed that Bertelsmann is considering a reduction of its shareholding in RTL Group through a capital market transaction, while maintaining a qualified majority of approximately 75 per cent.
RTL Group understands that a final decision will depend on a number of conditions precedent, including a favourable capital market environment. There can consequently be no assurance as to if, when or on what conditions Bertelsmann will offer part of its shareholding in RTL Group.
RTL Group will review options to increase the efficiency of its capital structure, such as a potential payment of an extraordinary dividend.
Bertelsmann is the majority shareholder of RTL Group, currently holding 92.3 per cent of the voting rights. The shares of RTL Group are publicly traded on the Luxembourg and Brussels stock exchanges.
For further information please contact:
Media Investor Relations Oliver Fahlbusch Andrew Buckhurst Corporate Communications Investor Relations Telephone: +352 2486 5200 Telephone: +352 2486 5074 email@example.com@rtlgroup.com