Request to Enterprise Chamber for an investigation into TMG policies withdrawn
TMG has taken note of the decision of the retail investor association Vereniging van Effecten Bezitters (VEB) and Cantor Holding to withdraw the request to the Enterpise Chamber for an investigation into the policymaking and the course of events at TMG. As Talpa Holding announced to withdraw its request to the Enterprise Chamber last Saturday, the proceedings will not be continued and the hearing scheduled for Thursday June 15 is cancelled.
The hearing regarding the immediate measures requested by the above parties took place earlier this year. The Enterprise Chamber ruled there were no reasonable grounds to doubt proper policymaking and course of events and thereby dismissed this request.
This is a public announcement by Telegraaf Media Groep N.V. pursuant to section 17 paragraph 1 of the European Market Abuse Regulation (596/2014).
This release is a translation of the original text in Dutch. In the event of a discrepancy between the two versions, the Dutch version prevails.
TMG is one of the largest media companies in the Netherlands, with strong brands such as De Telegraaf, DFT, Telesport, Metro, Autovisie, Privé and VROUW; online videoplatform Telegraaf VNDG; regional dailies such as Noordhollands Dagblad and de Gooi- en Eemlander; digital brands such as GeenStijl, Dumpert and Gaspedaal; Classic FM and – through a strategic collaboration with Talpa – national radio stations Sky Radio, Radio Veronica, Radio 538 and Radio 10. TMG also has other brands and titles that focus on providing entertainment or e-commerce (e.g., GroupDeal). Through Keesing Media Group, TMG is market leader in Europe in the field of puzzle magazines and digital puzzles. TMG’s mission is to provide consumers with high-quality, personalised and relevant news, sports and entertainment 24 hours a day, 7 days a week, via all available forms of distribution. For more information about TMG, please go to www.tmg.nl.