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ZEAL Network SE (-)
ZEAL co-founder and shareholder Marc Peters announces support for planned
combination with Lotto24
15-Jan-2019 / 16:40 CET/CEST
Dissemination of a Regulatory Announcement, transmitted by EQS Group.
The issuer is solely responsible for the content of this announcement.
NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION (IN WHOLE OR IN PART) DIRECTLY
OR INDIRECTLY IN, INTO OR FROM THE UNITED STATES OF AMERICA OR ANY OTHER
JURISDICTION WHERE TO DO SO WOULD CONSTITUTE A VIOLATION OF THE RELEVANT
LAWS OF SUCH JURISDICTION.
Press release
ZEAL co-founder and shareholder Marc Peters announces support for planned
combination with Lotto24
(London, 15 January 2019)
ZEAL Network SE ("ZEAL") has announced that Marc Peters, co-founder and a
significant shareholder in ZEAL, today declared his support for the planned
transaction with Lotto24 AG ("Lotto24").
In a letter to the company today, Mr. Peters confirmed his firm intention to
vote in favour of the resolutions in the upcoming General Meeting of ZEAL on
18 January 2019.
Marc Peters commented: "Having reviewed the proposed transaction as well as
the recent changes in the regulatory environment in detail, I have come to
the conclusion that both the business model change as well as the proposed
transaction with Lotto24 are the right way forward for the company."
ZEAL views the endorsement by Mr. Peters as further confirmation that the
planned transformation of its business model in Germany to lottery brokerage
and the creation of the leading private digital lottery broker in Germany
through the combination with Lotto24 is the best strategy for the company.
The General Meeting will take place on 18 January. Shareholders who are
unable to attend in person are encouraged to submit proxy votes before the
deadline of 09.00 GMT on Wednesday 16 January.
ENDS
Contacts:
Media:
Matt Drage
Head of Corporate Communications, ZEAL Network
T: +44 (0)7976 872 861
matt.drage@zeal-network.co.uk
Lutz Golsch, FTI Consulting
T: +49 69 920 37 110
M: +49 173 6517710
lutz.golsch@fticonsulting.com
Investors:
Frank Hoffmann
Investor Relations Manager, ZEAL Network
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 AG ('Lotto24') or ZEAL Network SE
('ZEAL'). The final terms and further provisions regarding the public
takeover offer will be disclosed in the offer document once its publication
will have been approved by the German Federal Financial Supervisory
Authority (Bundesanstalt für Finanzdienstleistungsaufsicht). ZEAL reserves
the right to deviate in the final terms and conditions of the public
takeover offer from the basic information described herein. 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 soon as they are published, 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 German Securities Acquisition and Takeover
Act (Wertpapiererwerbs- und Übernahmegesetz (WpÜG)). The offer
will not be made pursuant to the provisions of jurisdictions other than
those of the Federal Republic of Germany. Therefore, no other announcements,
registrations, admissions or approvals of the offer outside of the Federal
Republic of Germany have been filed, arranged for or granted.
The ZEAL shares have not been and will not be registered under the U.S.
Securities Act of 1933, as amended, or with any securities regulatory
authority of any state or any other jurisdiction of the United States of
America ('USA'). Therefore, subject to certain exceptions, ZEAL shares may
not be offered or sold within the USA or in any other jurisdiction where to
do so would be a violation of applicable law. There is no public offering of
ZEAL shares in the USA.
To the extent 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
conjunction with ZEAL, for example with regard to the potential consequences
of the takeover offer for Lotto24, for those shareholders of Lotto24 who
choose not to accept the takeover 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 conjunction
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 conjunction with it. Actual
events or consequences may differ materially from those contained in or
expressed by such forward-looking statements.
This release and any materials distributed in connection with this release
are not directed to or intended for release, publication or distribution (in
whole or in part) directly or indirectly into or from the USA or any other
jurisdiction where to do so would constitute a violation of the relevant
laws of such jurisdiction, nor are they directed to, or intended for use by,
any person or entity that is a citizen or resident or located in the USA or
in any locality, state, country or other jurisdiction where such release,
distribution, publication, availability or use would constitute a violation
of the relevant laws of such jurisdiction or which would require any
registration or licensing within such jurisdiction.
ISIN: GB00BHD66J44
Category Code: MSCL
TIDM: -
LEI Code: 391200EIRBXU4TUMMQ46
Sequence No.: 7170
EQS News ID: 766405
End of Announcement EQS News Service
(END) Dow Jones Newswires
January 15, 2019 10:40 ET (15:40 GMT)
