- Majority participation in the business operations of Universal Mobile Enterprises (UME)
- Mobile content marketing & distribution specialists with focus on the United Kingdom, Ireland, Italy, South Africa while expanding in other countries
- UME has nearly a million subscribers to their services year to date - Financing from cash and cash flow from operating activities of CLIQ Digital AG
Dusseldorf, July 25, 2017 – CLIQ Digital AG (ISIN DE000A0HHJR3, WKN A0HHJR), a leading sales and marketing company for digital products with its own payment platform, has, as reported ad hoc on July 22, 2017, acquired a majority participation in the business operations of the UK based companies Universal Mobile Enterprises Ltd. and Moonlight Mobile Ltd (together "UME"). With economic effect as per June 1, 2017, the business of UME will be run by a newly established entity in which CLIQ Digital holds a stake of 51%. The remaining 49% of the shares in the newly established company will be held by the founders of UME, Richard Keeley and Alex Rooke, who will continue to manage the operative business. It was agreed between the parties to keep the purchase price confidential. The purchase price is financed from cash and the cash flow from operating activities of CLIQ Digital AG.
UME has grown dynamically since their establishment in 2009 and achieved a strong market position in the distribution of mobile content with a focus on entertainment and games. In the business year 2016/2017, ending April 30, UME generated net revenues of GBP 10.3 million (approx. € 11.5 million) and during the business year 2015/2016 GBP 6.2 million (approx. € 6.9 million). UME has nearly a million subscribers to their services year to date. UME is profitable and is aiming again for further growth in the current financial year 2017/2018. The future use of the know-how and the infrastructure of the CLIQ Digital Group will help to accelerate this expansion. The Management Board of CLIQ Digital AG expects to have operational synergies and cross-selling effects in marketing and sales as a result of the cooperation and estimates that the majority participation in the business of UME will already show a positive impact on the group earnings in the business year 2017.