Tender Offer Announced by PPF IM LTD for ProSiebenSat.1

PPF IM LTD, an indirect subsidiary of PPF Group N.V., has revealed plans to make a public acquisition offer for ProSiebenSat.1 Media SE. The offer targets up to 29.99% of ProSiebenSat.1's no-par value shares, each priced at EUR 7.00. This partial offer is contingent on customary conditions, notably merger control clearances.

ProSiebenSat.1, based in Unterföhring, Germany, is a target under the German Securities Acquisition and Takeover Act. PPF IM LTD, headquartered in Nicosia, Cyprus, is responsible for the bid. Full details will be available in the offer document following approval from the German Federal Financial Supervisory Authority.

Investors are advised to consult the offer document carefully, as it will provide crucial information once published.