Dr Falko Dittmar advises Delticom-Founders in Sale of Delticom-Shares
Press release
Hanover, 09/26/2013
Dr. Falko Dittmar advised the main shareholders of Delticom AG, Binder GmbH and Prüfer GmbH, in the sale of 500.000 Delticom-Shares to Rally GmbH, a 100% subsidiary of European Media Holding AG (EMHAG).
The sale is intended to be completed within the next weeks. In addition, Binder GmbH and Prüfer GmbH granted options to Rally GmbH to purchase up to further 1.634.697 Delticom-Shares. The exercise of the options is dependent on specificfuture and uncertain conditions. The average price of the Delticom-Shares sold and of the strike price of the Delticom-Shares for which Rally GmbH was granted options is between 34 € and 40 €.
Delticom AG is Europe’s leading online tyre retailer. With more than 100 online shops in 42 countries, the company offers its private and business customers an unequalled assortment of excellently priced car tyres, motorcycle tyres, bicycle tyres, truck tyres, bus tyres, pecial tyres, rims, complete wheels (pre-mounted tyres on rims), selected replacement car parts and accessories, motor oil and batteries. EMHAG is an investment company for the development of digital business models. EMHAG was founding shareholding of Tirendo Holding GmbH which was recently acquired by Delticom AG.