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Deag Deutsche Entertainment AG (ERMGk.DE)

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Mon, Jun 27 2016

BRIEF-Deag Deutsche Entertainment successfully places convertible bonds

* Possible conversion into up to 1,457,121 shares Source text for Eikon: Further company coverage: ($1 = 0.9079 euros) (Gdynia Newsroom)

BRIEF-DEAG Deutsche Entertainment Q1 sales revenues at 31.3 million euros

* Q1 earnings before interest and taxes (EBIT) of 0.3 million euros ($334,710.00), compared to 2.0 million euros in prior-year period

BRIEF-DEAG Deutsche Entertainment FY 2015 sales revenues up at EUR 200.4 mln

* Reports about 2015 marked by non-recurring effects and gives a positive outlook for 2016

BRIEF-DEAG appoints Ralph Quellmalz as CFO

* DEAG Deutsche Entertainment Aktiengesellschaft extends executive board

BRIEF-DEAG Deutsche Entertainment sells 49 pct of Jahrhunderthalle

* Purchase price of 6.9 million euros ($7.57 million)to serve further growth Source text for Eikon: Further company coverage: ($1 = 0.9120 euros) (Gdynia Newsroom)

BRIEF-DEAG Deutsche Entertainment and Till Broenner enter agreement

* DEAG and Till Broenner enter into an exclusive partner agreement for live business

BRIEF-Deag Deutsche Entertainment sees 2016 EBIT of at least EUR 3-5 mln

* Anticipates an EBIT of at least 3 to 5 million euros in 2016

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