DAX ®12.633,71+1,15%TecDAX ®3.049,87+0,23%Dow Jones26.075,30+1,44%NASDAQ 10010.836,33+0,76%

DGAP-Adhoc: Philion SE plans acquisition of mobile service provider Handyflash.de

| Quelle: Dow Jones Newsw... | Lesedauer etwa 3 min. | Text vorlesen Stop Pause Fortsetzen

DGAP-Ad-hoc: Philion SE / Key word(s): Strategic Company Decision/Takeover
Philion SE plans acquisition of mobile service provider Handyflash.de

11-Sep-2019 / 10:00 CET/CEST
Disclosure of an inside information acc. to Article 17 MAR of the Regulation
(EU) No 596/2014, transmitted by DGAP - a service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.

*Philion SE plans acquisition of mobile service provider Handyflash.de*

- Acquisition of Handyflash.de and 30 branches against a 30% stake in
- Earnings forecast for 2019 confirmed: Positive annual result expected

Berlin, 11 September 2019. Philion SE (ISIN: DE000A1X3WF3) aims to take
advantage of the changes in the German telecommunications market and
establish one of the three leading network-independent mobile service
providers. In doing so, the Group relies on an Omni-Channel strategy. In
order to implement this strategy consistently and to exploit further cost
advantages in purchasing, the partnership with the Swiss mobilezone group is
to be intensified.

Among other things, the agreement stipulates that the partners will
cooperate intensively in purchasing and relationship management with the
network operators. As a result, Philion will be able to benefit from the
size of the mobilezone. In addition, an asset swap was agreed: Philion will
completely take over OBS GmbH with the online platform Handyflash.de and 30
stationary branches from mobilezone. Handyflash.de is the third largest
online service provider in the German mobile phone market, has contracts
with all network operators and already today a complete platform for the
implementation of a comprehensive Omni-Channel approach. In return, Philion
will sell its 30% stake in Mister Mobile GmbH with the DEINHANDY brand
acquired at the end of 2018 back to mobilezone. The Philion Group will in
future include the chain stores Fexcom, OBS and Helferline as well as the
online platform Handyflash.

Due to the planned transaction, Mister Mobile GmbH will not be consolidated
by Philion. Although the sales of more than EUR 150 million originally
announced for this year will not be achieved, the transaction will not have
any negative impact on the earnings forecast. The implementation of the
transaction still requires the signing of the contracts. This is expected to
take place this month. For the full year 2019, Philion currently expects a
positive result. This corresponds to the forecast made in the management
report of the 2018 annual financial statements.

Investor Relations & Press
Fabian Lorenz // T: +49 221 29 83 15 88 // M: ir@philion.de

This announcement does not constitute an offer to sell or the solicitation
of an offer to buy or subscribe for any securities. There will be no public
offering of securities of Philion SE. This announcement does not constitute
a securities prospectus. This announcement and the information contained
therein are not intended for direct or indirect distribution in or within
the United States of America, Canada, Australia or Japan.

11-Sep-2019 CET/CEST The DGAP Distribution Services include Regulatory
Announcements, Financial/Corporate News and Press Releases.
Archive at www.dgap.de
Language: English
Company: Philion SE
Wallstr. 15 a
10179 Berlin
Phone: +49 (0)30 28 49 36 40
E-mail: info@philion.de
Internet: www.philion.de
Listed: Regulated Market in Dusseldorf; Regulated Unofficial Market in
Berlin, Frankfurt (Basic Board)
EQS News ID: 871907

End of Announcement DGAP News Service

871907 11-Sep-2019 CET/CEST

(END) Dow Jones Newswires

September 11, 2019 04:00 ET ( 08:00 GMT)

Das könnte Sie auch interessieren



Aktuelle Videos

HSBC Trading TV



Börsen & Märkte


zur Mediathek

Diese Seite empfehlenschliessen
Interessant, oder?
Teilen Sie diese Seite auf Facebook oder Twitter
Wenn Sie auf die Teilen-Buttons klicken und sich bei den Betreibern einloggen, werden Daten an den jeweiligen Betreiber übermittelt. Bitte beachten Sie die Datenschutzerklärung.
Aktuelle Umfrageschliessen
Wie, glauben Sie, wird der DAX am Ende dieser Woche - KW 29 - stehen?
Jetzt abstimmen!
Alle Umfragen ansehen