DGAP-News: WIGE MEDIA AG

DGAP-News: _wige MEDIA AG: capital increase fully placed

DGAP-News: _wige MEDIA AG / Key word(s): Capital Increase _wige MEDIA AG: capital increase fully placed

17.03.2016 / 15:35 The issuer is solely responsible for the content of this announcement.

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The following release has been published as an ad-hoc announcement in German on March 16, 2016.



_wige MEDIA AG: capital increase fully placed

- Gross issuing proceeds of around EUR 3.3 million

- Issue heavily oversubscribed

- Use of funds earmarked for digitalization and internationalization

_wige MEDIA AG has placed all new shares from the capital increase from Authorized Capital announced on 26 February 2016. The capital increase was heavily oversubscribed. Gross issuing proceeds amount to approximately EUR 3.3 million.

During the placement process with shareholder subscription rights from Authorized Capital, 1,974,206 new no-par value bearer shares representing a pro rata amount in the share capital of EUR 1.00 per share were issued at a subscription price of EUR 1.70 per share. Shares purchased outside the scope of shareholder subscription rights were offered to selected qualified institutional investors in Germany and other European countries by way of an invitation not open to the public. The new shares qualify for profit from 1 January 2015 onwards. The share capital has therefore been raised by EUR 1,974,206.00 to EUR 14,726,329.

Entry of the capital increase into the commercial register of the Cologne Local Court is expected to take place on 17 March 2016. Admission of the new shares to stock exchange trading on the regulated market (General Standard) of the Frankfurt Stock Exchange is anticipated on 18 March 2016, with the inclusion of the new shares in the existing listing scheduled by 21 March 2016.

The net proceeds from the capital increase are to be used in particular for the takeover of up to 68.3% of the stock in the Munich-based sport media group in which _wige MEDIA AG already holds 16.7%. The sport media group operates the motorsport-total.com and formel1.de portals. In addition, the funds are to be deployed for the potential advance financing of major new projects currently at the acquisition stage. The motorsport-total.com and formel1.de portals are part of _wige MEDIA AG's digitalization strategy. The company intends to forge ahead with the major projects planned.

The capital increase was supported by ODDO SEYDLER BANK AG as sole global coordinator and book runner.



Contact: Company: _wige MEDIA AG Am Coloneum 2 50829 Köln Germany www.wige.de Tel: +49 [0] 221_7 88 77_ 0 Fax: +49 [0] 221_7 88 77_ 199 Email: info@wige.de

Investor Relations: BSK Becker+Schreiner Kommunikation GmbH Tobias M. Weitzel Tel.: +49 [0] 2154_ 81 22 16 Email: weitzel@kommunikation-bsk.de

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17.03.2016 Dissemination of a Corporate News, transmitted by DGAP - a service of EQS Group AG. The issuer is solely responsible for the content of this announcement.

The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases. Media archive at www.dgap-medientreff.de and www.dgap.de

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Language: English Company: _wige MEDIA AG Am Coloneum 2 50829 Köln Germany Phone: +49 (0)221 7 88 77 0 Fax: +49 (0)221 7 88 77 199 E-mail: info@wige.de Internet: www.wige.de ISIN: DE000A1EMG56 WKN: A1EMG5 Listed: Regulated Market in Frankfurt (General Standard); Regulated Unofficial Market in Berlin, Dusseldorf, Stuttgart End of News DGAP News Service ---------------------------------------------------------------------------

446537 17.03.2016