Burda Digital SE Submits Demand For Squeeze-Out

2025-02-19 02:11:47

(MENAFN- EQS Group)

EQS-News: New Work SE / Key word(s): Squeeze Out
Burda Digital SE submits demand for squeeze-out
19.02.2025 / 17:33 CET/CEST
The issuer is solely responsible for the content of this announcement.

Hamburg, 19 February 2025 – Burda Digital SE (“ Burda ”) has on 18 February 2025 informed the management board of New Work SE (“ New Work ” or“ Company ”) that it directly holds 97.07% of New Work shares and has, as the Company's principal shareholder, submitted a demand for the general meeting of New Work to pass a resolution on the transfer of the shares of the remaining minority shareholders of New Work to Burda against an appropriate cash settlement according to section 327a para. 1 sentence 1 Stock Corporation Act (squeeze-out under Stock Corporation Act).

Burda has announced that it will notify New Work of the amount of the cash settlement with an additional notice, a so-called specified demand, as soon as the amount has been determined.

19.02.2025 CET/CEST Dissemination of a Corporate News, transmitted by EQS News - a service of EQS Group.
The issuer is solely responsible for the content of this announcement.
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Language:	English
Company:	New Work SE
	Am Strandkai 1
	20457 Hamburg
	Germany
Phone:	+49 (0)40 419 131-793
Fax:	+49 (0)40 419 131-44
E-mail:	...
Internet:
ISIN:	DE000NWRK013
WKN:	NWRK01
Listed:	Regulated Unofficial Market in Hamburg
EQS News ID:	2088779


End of News	EQS News Service

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