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DGAP-Adhoc: SPORTTOTAL AG: Financing of international expansion of sporttotal.tv to be secured via external capital fund

Bild und Copyright: Michael Barck / www.4investors.de.

Bild und Copyright: Michael Barck / www.4investors.de.

10.01.2019 (www.4investors.de - in Kooperation mit DGAP - EQS Group):

DGAP-Ad-hoc: SPORTTOTAL AG / Key word(s): Financing/Expansion

SPORTTOTAL AG: Financing of international expansion of sporttotal.tv to be secured via external capital fund
10-Jan-2019 / 13:57 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.

SPORTTOTAL AG: Financing of international expansion of sporttotal.tv to be secured via external capital fundCologne, January 10, 2019. In future, SPORTTOTAL AG will be mainly financing the national and international growth of its scalable digital business sporttotal.tv on the basis of external capital: with this measure, the company is aiming to considerably accelerate its international development, while avoiding the dilution of shares currently held by the SPORTTOTAL AG shareholders. To this end, a dedicated investment fund in the form of a "Reserved Alternative Investment Fund" (RAIF) is to be established. The Luxembourg based Fuchs & Associés Group will set up this RAIF and will bundle the capital of Family Offices and high net worth individuals in several tranches, in order to provide SPORTTOTAL with these means in a targeted manner.

Over the long term, a financing volume of up to EUR 250 million is envisaged in several individual tranches. The initial subfund will be active in the near future, and disbursed to sporttotal.tv GmbH already in February 2019, with the aim of financing the Berlin-based Development Lab and the further expansion in Germany with additional means in a lower, single-digit million range. In this context, a number of preliminary contracts have already been concluded. The RAIF fund duration is seven years, and the EURIBOR interest rate stands at an annual +8%. Following this period, the loans are to be repaid by sporttotal.tv from the generated cashflows. With regard to the expansion in various international target markets, additional RAIF tranches are to be incrementally set up in a targeted, requirements-specific manner.

In future, the global growth of sporttotal.tv is to be secured by this new financing instrument and by way of partnerships with various international protagonists such as Fuchs & Associés Finance S.A., Luxemburg. In this context, the international business of sporttotal.tv will be managed by a separate independent Luxemburg-based company, namely SPORTTOTAL.tv International S.a.r.L., Luxemburg. The company will be founded as a joint venture, in which SPORTTOTAL AG holds 51 percent, together with additional partners, including Fuchs & Associés Group, Luxemburg.

Am Coloneum 2
50829 Cologne
Tel: +49 (0)221_7 88 77_ 0
Fax: +49 (0)221_7 88 77_ 199info@sporttotal.com

Investor Relations
BSK Becker+Schreiner Kommunikation GmbH
Tobias M. Weitzel
Tel.: +49 (0)2154-8122-16sporttotal@kommunikation-bsk.de

10-Jan-2019 CET/CEST The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases. Archive at www.dgap.de


Am Coloneum 2

50829 Köln

+49 (0)221 7 88 77 0
+49 (0)221 7 88 77 199
Regulated Market in Frankfurt (General Standard); Regulated Unofficial Market in Berlin, Dusseldorf, Hamburg, Stuttgart, Tradegate Exchange

End of Announcement
DGAP News Service

765045  10-Jan-2019 CET/CEST

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