DGAP-Ad-hoc: ZEAL Network SE / Key word(s): Miscellaneous
ZEAL receives indicative offer from Lottoland for the purchase of its core
German business assets
11-Jan-2019 / 11:35 CET/CEST
Disclosure of an inside information acc. to Article 17 MAR of the Regulation
(EU) No 596/2014, transmitted by DGAP - a service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.
*ZEAL receives indicative offer from Lottoland for the purchase of its core
German business assets*
ZEAL Network SE ("ZEAL") has received a non-binding, conditional and
indicative offer from Lottoland Holdings ("Lottoland") for the purchase of
assets of the ZEAL Group representing the core of the German business as
currently operating under the Tipp24 brand. The offer excludes ZEAL's fully
consolidated minority shareholding myLotto24 Limited.
The cash purchase price offered by Lottoland, subject to due diligence,
ranges from EUR 60 million to EUR 76 million.
The full text of the offer in the English language is available at
http://www.rns-pdf.londonstockexchange.com/rns/8560M_1-2019-1-11.pdf [1]
ZEAL will duly assess the indicative offer and its potential implications.
Contact:
Frank Hoffmann, CEFA
Investor Relations
ZEAL
5th Floor - One New Change
London EC4M 9AF
T +44 (0) 20 3739-7123
F +44 (0) 20 3739-7199
frank.hoffmann@zeal-network.co.uk
11-Jan-2019 CET/CEST The DGAP Distribution Services include Regulatory
Announcements, Financial/Corporate News and Press Releases.
Archive at www.dgap.de
Language: English
Company: ZEAL Network SE
5th Floor One New Change
EC4M 9AF London
United Kingdom
Phone: +44 (0)203 739-7000
Fax: +44 (0)203 739-7099
E-mail: office@zeal-network.co.uk
Internet: www.zeal-network.co.uk
ISIN: GB00BHD66J44
WKN: TPP024
Listed: Regulated Market in Frankfurt (Prime Standard); Regulated
Unofficial Market in Berlin, Dusseldorf, Hamburg, Hanover, Munich,
Stuttgart, Tradegate Exchange
End of Announcement DGAP News Service
765351 11-Jan-2019 CET/CEST
1: https://link.cockpit.eqs.com/cgi-bin/fncls.ssp?fn=redirect&url=58218e8cc58a84e8fb50fb35a21d1f70&application_id=765351&site_id=vwd&application_name=news
(END) Dow Jones Newswires
January 11, 2019 05:35 ET (10:35 GMT)
