REG-ZEAL Network SE ZEAL Network SE: Permission granted for brokerage of lottery tickets via Tipp24 domains

ZEAL Network SEAnnouncement

11/02/2019 09:25

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   ZEAL Network SE (-)
   ZEAL Network SE: Permission granted for brokerage of lottery tickets via
   Tipp24 domains

   11-Feb-2019 / 10:24 CET/CEST
   Dissemination of a Regulatory Announcement, transmitted by EQS Group.
   The issuer is solely responsible for the content of this announcement.

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   NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION (IN WHOLE OR IN PART)
   DIRECTLY OR INDIRECTLY IN, INTO OR FROM ANY JURISDICTION WHERE TO DO SO
   WOULD CONSTITUTE A VIOLATION OF THE RELEVANT LAWS OF SUCH JURISDICTION.

   London, 11 February 2019

   ZEAL Network SE: Permission granted for brokerage of lottery tickets via
   Tipp24 domains

     • Lotto24 received supplement to existing brokerage permit allowing for
       lottery tickets to be brokered via Tipp24 domains
     • Significant condition for completion of public takeover offer for
       Lotto24 satisfied
     • Offer open for acceptance until 10 April 2019

   ZEAL Network SE ('ZEAL') today announced that another major milestone has
   been reached in its planned takeover of Lotto24 AG ('Lotto24'), after the
   Lower Saxony Ministry of the Interior granted Lotto24 a supplement to its
   existing brokerage permit which allows for lottery tickets to be sold via
   the domains of Tipp24 on behalf of the German state lottery companies.
   This means a significant condition for the completion of the public
   takeover offer for Lotto24 has now been satisfied.

   Dr. Helmut Becker, CEO, ZEAL, said: 'This is a key building block in our
   journey to reunite with Lotto24, transform ZEAL's core German business
   model and accelerate growth in the online lottery market in Germany and
   beyond. It is good news for customers, shareholders and the German Federal
   States and their lottery beneficiaries. We look forward to working in
   partnership with Germany's state lotteries and thank the authorities and
   the Gambling Council for their supportive and collaborative approach. We
   encourage Lotto24 shareholders to continue tendering their shares and to
   join us on this exciting journey.'

   The transaction to acquire Lotto24 will, on completion, create a digital
   lottery group with currently more than 5 million combined customers
   globally, current combined billings of about EUR 500 million, and a
   diverse international footprint. In the context of the deal, and
   consistent with its renewed strategy to de-risk its business model and
   focus on locally licensed businesses, ZEAL intends to reacquire control of
   its myLotto24 and Tipp24 subsidiaries and transform its German secondary
   lottery business into a locally licensed online brokerage model.

   The supplement to the brokerage permit allows for lottery tickets to be
   brokered via the Tipp24.de and Tipp24.com domains.

   The offer document to Lotto24 shareholders was published on 31 January
   2019. The offer acceptance period ends on 10 April 2019. The offer
   document is available at: www.zeal-offer.com.

   - ENDS -

   Media contact:

   ZEAL Network

   Matt Drage
   Head of Corporate Communications
   T: +44 (0)7976 872 861
   matt.drage@zeal-network.co.uk

   FTI Consulting
   Lutz Golsch
   T: +49 69 920 37 110
   M: +49 173 6517710
   Lutz.Golsch@fticonsulting.com

   Investor Relations contact:
   ZEAL Network
   Frank Hoffmann
   Investor Relations Manager
   T: +44 (0)20 3739 7123
   frank.hoffmann@zeal-network.co.uk

   Important note

   This announcement is for information purposes only and neither constitutes
   an offer to purchase or exchange nor an invitation to sell or to make an
   offer to exchange, securities of Lotto24 or ZEAL. The final terms and
   further provisions regarding the public takeover offer are contained in
   the offer document, the publication of which has been approved by the
   German Federal Financial Supervisory Authority (Bundesanstalt für
   Finanzdienstleistungsaufsicht). Investors and holders of securities of
   Lotto24 are strongly recommended to read the offer document and all
   announcements in connection with the public takeover offer, as they
   contain or will contain important information.

   The offer will be made exclusively under the laws of the Federal Republic
   of Germany, in particular under the WpÜG. The offer will not be made
   pursuant to the provisions of jurisdictions other than those of the
   Federal Republic of Germany. In particular, the offer document, or any
   summary or excerpt thereof, shall not be directly or indirectly
   distributed, disseminated or circulated outside of the Federal Republic of
   Germany or, without requiring a prospectus within the meaning of the
   Prospectus Regulation due to a public offer in other member states of the
   European Union or the European Economic Area, the European Union or the
   European Economic Area, if and to the extent such distribution,
   dissemination or circulation is not in compliance with applicable foreign
   regulations, or depends on the issuance of authorisations, compliance with
   official procedures or any other legal requirements, and such conditions
   are not satisfied.

   To the extent that this announcement contains forward-looking statements,
   such statements do not represent facts. Forward-looking statements include
   all matters that are not historical facts. They are characterised by the
   words 'expect', 'believe', 'estimate', 'intend', 'aim', 'assume', 'plan'
   or similar expressions. Such statements express the intentions, opinions
   or current expectations and assumptions of ZEAL and the persons acting in
   concert with it, for example with regard to the potential consequences of
   the offer for Lotto24, for those shareholders of Lotto24 who choose not to
   accept the offer or for future financial results of Lotto24. Such
   forward-looking statements are based on current plans, estimates and
   forecasts which ZEAL and the persons acting in concert with it have made
   to the best of their knowledge, but which do not claim to be correct in
   the future. Forward-looking statements are subject to risks and
   uncertainties that are difficult to predict and usually cannot be
   influenced by ZEAL or the persons acting in concert with it. Actual events
   or consequences may differ materially from those contained in or expressed
   by such forward-looking statements.

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   ISIN:          GB00BHD66J44
   Category Code: MSCH
   TIDM:          -
   LEI Code:      391200EIRBXU4TUMMQ46
   Sequence No.:  7432
   EQS News ID:   774289


    
   End of Announcement EQS News Service

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