Your Family Entertainment AG / DE000A161N14

Your Family Entertainment Aktiengesellschaft plans capital increase of up to 10% of the share capital

EQS-Ad-hoc: Your Family Entertainment AG / Key word(s): Capital Increase


01-Feb-2024 / 10:47 CET/CEST
Disclosure of an inside information acc. to Article 17 MAR of the Regulation (EU) No 596/2014, transmitted by EQS News - a service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.

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Ad hoc announcement
of Your Family Entertainment AG
(Publication of inside information pursuant to Article 17 of Regulation (EU) No 596/2014)  
  Munich, 1 February 2024 The Management Board of Your Family Entertainment Aktiengesellschaft (YFE), Munich, (ISIN DE000A161N14) plans to carry out a capital increase of up to 10% of the company's share capital, excluding shareholders' subscription rights, making partial use of the Authorized Capital 2022 created by resolution of the company's Annual General Meeting on 28 June 2022. The new shares are to be placed with selected investors. Subject to final decisions of the company's Management and Supervisory Boards, the company plans to execute the capital increase in the first half of 2024. Considering requirements under stock corporation law for setting the final placement price, the Management Board expects gross issue proceeds of up to approximately EUR 5 million depending on the company's share price in the specific period of the final decisions by the Management and Supervisory Boards, this figure may deviate. The company intends to use the proceeds from this planned capital measure to build up capacities and partnerships in the field of artificial intelligence (AI), for possible new productions from YFE's IP catalog, the further expansion of digital platforms ("streaming/video-on-demand") and the pursuit of potential M&A transactions.
Your Family Entertainment Aktiengesellschaft
The Management Board   -- End of insider information pursuant to Art. 17 MAR ---
Note:
Your Family Entertainment AG is also publishing a separate corporate news item today entitled "Innovation through partnerships: How Your Family Entertainment AG is integrating Artificial Intelligence (AI) into its corporate strategy."

End of Inside Information

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01-Feb-2024 CET/CEST The EQS Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases.
Archive at www.eqs-news.com

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Language:	English
Company:	Your Family Entertainment AG
	Türkenstraße 87
	80799 München
	Germany
Phone:	[phone]
Fax:	[phone]
E-mail:	[e-mail]
Internet:	www.yfe.tv
ISIN:	DE000A161N14
WKN:	A161N1
Listed:	Regulated Market in Frankfurt (General Standard); Regulated Unofficial Market in Berlin, Dusseldorf, Stuttgart
EQS News ID:	1828003

End of Announcement	EQS News Service

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1828003  01-Feb-2024 CET/CEST