CLIQ Announces Consideration of Delisting
March 10 2025 - 12:10PM
UK Regulatory
CLIQ Announces Consideration of Delisting
CLIQ Announces Consideration of
Delisting
- Delisting considered
- Potential public tender &
repurchase offers
- AGM postponed until further
notice
DUSSELDORF, 10 March 2025 – On 6 March
2025, the CLIQ Group announced via an ad hoc announcement that CLIQ
is considering a delisting from all stock exchanges on which the
company’s shares are currently listed. As part of this process,
CLIQ has entered into an agreement with Dylan Media B.V., which is
evaluating an acquisition of a substantial number of outstanding
CLIQ shares.
Delisting
The decision to explore a delisting is primarily
driven by the low investor demand for the CLIQ shares, alongside
the reporting obligations and costs associated with being a
publicly listed company. A possible delisting would also enhance
operational flexibility and decision-making without short-term
market pressures. Already for a while, capital markets have no
longer been the most viable financing option for CLIQ and any
turnaround in this respect is not foreseen in the near future. A
potential public partial acquisition offer by Dylan Media and a
potential public partial share repurchase offer by CLIQ would give
CLIQ shareholders an option to dispose of their shares should they
wish to not remain shareholders in an unlisted company.
Potential public partial acquisition offer by
Dylan Media
Dylan Media is considering a public partial
acquisition offer to CLIQ’s shareholders who wish to sell their
shares before CLIQ transitions into a non-listed company. Dylan
Media is a privately owned Dutch investment company, funded by
international investors, experienced media executives and a group
of existing CLIQ shareholders, including members of the Management
and Supervisory Boards. CLIQ acknowledges that Dylan Media is still
negotiating with equity and debt providers to obtain additional
funding and has not yet finalised the scope or conditions of its
potential partial acquisition offer.
Potential public partial share repurchase
offer by CLIQ
Depending on the scope and conditions of the
potential offer by Dylan Media, and CLIQ’s resulting shareholder
structure, the Group may also propose to its General Meeting a
public partial share repurchase offer. If resolved, this would
trigger the acquisition of treasury shares, which would then –
after the completion of CLIQ’s partial public share repurchase
offer – be cancelled and reduce CLIQ’s share capital accordingly.
Notably, in case CLIQ will launch a share repurchase offer, Dylan
Media has agreed not to participate in any potential repurchase
offer with the CLIQ shares it holds.
Annual General Meeting & Financial
reporting
As a result of these ongoing developments,
CLIQ’s Annual General Meeting, originally scheduled for 11 April
2025, has been postponed to a later date. Until further notice,
CLIQ intends to publish its financial results for the first quarter
2025 as planned on 8 May 2025.
Management Board statement
"Both CLIQ’s Management and
Supervisory Boards express their support for Dylan Media’s plans.
Furthermore, the Boards also support the delisting, contingent on
Dylan Media holding a significant shareholding in CLIQ," said
Ben Bos, member of the Management Board. "CLIQ remains committed
to keeping all stakeholders informed throughout this
process."
Contacts
Investor Relations:
Sebastian McCoskrie, s.mccoskrie@cliqdigital.com, +49 151
52043659
Media Relations:
Daniela Münster, daniela.muenster@h-advisors.global, +49 174
3358111
Financial calendar
Annual General Meeting 2025 |
tbd |
|
Financial report 1Q 2025 & earnings call |
Thursday |
8 May 2025 |
Half-year financial report 2025 & earnings call |
Thursday |
7 August 2025 |
Financial report 3Q/9M 2025 and earnings call |
Thursday |
6 November 2025 |
About CLIQ
The CLIQ Group is a data-driven online
performance marketing company that sells bundled subscription-based
digital products to consumers worldwide. The Group licenses content
from partners, bundles it to digital products, and sells them via
performance marketing. CLIQ is expert in turning consumer interest
into sales by monetising online traffic using an omnichannel
approach.
The Group operated in 40 countries and employed
132 staff from 33 different nationalities as at 31 December 2024.
The company is headquartered in Düsseldorf and has offices in
Amsterdam and Paris. CLIQ Digital is listed in the Scale segment of
the Frankfurt Stock Exchange (ISIN: DE000A35JS40, GSIN/WKN: A35JS4)
and is a constituent of the MSCI World Micro Cap Index.
Visit our website
https://cliqdigital.com/investors. Here you will find all
publications and further information about CLIQ. You can also
follow us on LinkedIn.
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