ZEAL Network SE / Miscellaneous
ZEAL Network SE: Adjustment of guidance due to large jackpot pay-out
02-Sep-2015 / 18:41 CET/CEST
Dissemination of a Regulatory Announcement, transmitted by EQS Group AG.
The issuer is solely responsible for the content of this announcement.
In a secondary lottery held by MyLotto24 Limited, a fully consolidated minority shareholding of ZEAL Network SE, a
player has won a jackpot of EUR 15 million.
The pay-out amount falls within the retention specified in MyLotto24's hedging instruments. Total Operating Performance
and EBIT in the current fiscal year 2015, will therefore be impacted by EUR 15 million.
Therefore, ZEAL has adjusted both its Total Operating Performance and EBIT guidance for the current fiscal year 2015.
While statistical fluctuations like these are inherent to the secondary lottery business model, MyLotto24 Limited has
had above statistical average jackpot pay-outs for 2015 year-to-date. Assuming ordinary course of business in the
remaining fiscal year, ZEAL is lowering its Total Operating Performance guidance of EUR 135-145 million to EUR 120-130
million and EBIT guidance of EUR 35-45 million to EUR 20-30 million.
As previously communicated, ZEAL now uses Total Operating Performance instead of Revenues for its revenue guidance, in
order to account for the effects of the hedging mechanism.
ZEAL confirms its communicated policy of paying a total dividend of at least EUR 2.80 per share in the current year.
***
Contact:
ZEAL Network SE
Investor Relations
Tel.: +44 20 3739-7123 E-Mail: media@zeal-network.co.uk Internet: www.zeal-network.co.uk
02-Sep-2015 The EQS Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases.
Media archive at www.dgap.de/ukreg
Language: English
Company: ZEAL Network SE
5 th Floor One New Change
EC4M 9AF London
United Kingdom
Phone: +44 (0)20 3739-7000
Fax: +44 (0)20 3739-7099
E-mail: office@zeal-network.co.uk
Internet: www.zeal-network.co.uk
ISIN: GB00BHD66J44
WKN: TPP024
Indices: SDAX
Listed: Regulated Market in Frankfurt (Prime Standard); Regulated Unofficial Market in Berlin, Dusseldorf,
Hamburg, Munich, Stuttgart
Category Code: MSC
TIDM: -
Sequence Number: 2825
Time of Receipt: 02-Sep-2015 / 18:07 CET/CEST
End of Announcement EQS News Service
392171 02-Sep-2015
(END) Dow Jones Newswires
September 02, 2015 12:41 ET (16:41 GMT)
