Delay in Highlight Communications AG's Capital Increase Initiative

Highlight Communications AG announced that the anticipated transaction with CSL Mindset Ltd., involving a CHF 300 million investment into its parent company Highlight Event and Entertainment AG (HLEE), has been delayed. Initially intended to bolster HLEE's financial standing, the transaction aimed to enhance equity, reduce liabilities, and streamline the group structure. A commitment letter detailing the equity investment was previously signed, but the deal is currently on hold pending several conditions.

Highlight Communications AG is now exploring alternative financing strategies to support its strategic growth. An investment bank has been appointed to assess financing options. The company is optimistic, citing improvements in business development based on recent unaudited Q4 figures. Regulatory approvals and a satisfactory ruling from the Swiss Takeover Board remain critical factors for the transaction's progression.