Hamburg (pta027/29.09.2017/13:55) - September 29th 2017 - SendR SE as seller and The Orchard Entertainment GmbH as purchaser have just consummated the contract dated May 3rd 2017 for the sale of all of the shares held by SendR SE in finetunes GmbH and Phonofile AS (ad hoc notice dated May 3rd 2017) and accordingly have successfully closed the transaction. Pursuant to the terms of the contract, in the context of closing, SendR SE transferred the above-mentioned shares to The Orchard Entertainment GmbH in exchange for payment of the preliminary purchase price.
This announcement contains forward-looking statements that are subject to a number of risks and uncertainties. The forward-looking statements contained herein are based on the SendR SE Board of Directors' current plans, expectations and estimates as at the date of publication. Such statements constitute neither an assurance nor a guarantee, and are subject to a large number of known and unknown risks and uncertainties, some of which cannot be influenced by SendR SE. These risks and uncertainties mean that events that actually occur may differ substantially from the statements made here. SendR SE is not required to update or amend the forward-looking statements contained in this announcement in order to reflect events or circumstances that occur after the date of publication. This announcement does not constitute an offer or invitation to purchase any SendR SE securities, and is for information purposes only. All information contained in this announcement is addressed exclusively to persons living or having their place of business in Germany. In particular, this announcement does not constitute an offer or invitation to purchase any SendR SE securities for persons living or having their place of business in other countries, e.g. the USA, Japan and Canada.