ProSiebenSat.1 Board Supports PPF's Increased Stake and Monetization Option

ProSiebenSat.1's Executive and Supervisory Boards have endorsed PPF's move to elevate its stake to 29.99%, highlighting a significant opportunity for shareholders. This decision stems from PPF's partial acquisition offer, set at EUR 7.00 per share, amidst a volatile market scenario. The PPF proposal provides shareholders a chance for immediate, risk-free monetization at a premium, circumventing uncertainties linked with ProSiebenSat.1's ongoing transformation.

The endorsement reflects PPF's commitment as a long-term shareholder advocating for ProSiebenSat.1's strategic implementation. Kasper Taczek, PPF's Investment Director, emphasized their expertise in transforming TV businesses, encouraging shareholder support to endorse this financial proposition or back the company's digital transition.