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    DGAP-Adhoc  618  0 Kommentare Lotto24 AG: Successful Cash Capital Increase at a 20% Premium


    Lotto24 AG / Key word(s): Capital Increase

    21.10.2014 08:49

    Dissemination of an Ad hoc announcement according to § 15 WpHG, transmitted
    by DGAP - a service of EQS Group AG.
    The issuer is solely responsible for the content of this announcement.

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    Ad hoc announcement acc. to Sec. 15 WpHG

    Lotto24 AG: Successful Cash Capital Increase at a 20% Premium

    Not for distribution or release in or into the United States of America,
    Australia, Canada or Japan, or in any other jurisdiction in which offers or
    sales would be prohibited by applicable law.

    (Hamburg, 21 October 2014) Lotto24 AG has increased its share capital by
    EUR 1,996,271 from EUR 19,962,720 to EUR 21,958,991 against cash
    contributions through the partial exercise of the company's Authorised
    Capital as adopted by the Annual General Meeting of 21 May 2014 and under
    the exclusion of shareholder subscription rights. The 1,996,271 new,
    registered, no-par value shares were placed entirely with two significant
    investors of Lotto24 AG, Othello Vier Beteiligungs GmbH & Co. KG, a company
    of the Günther Group, as well as Jens Schumann, at a price of EUR 3.00 per
    new share. The placement price exceeds the volume weighted average price of
    the Lotto24 shares on the day prior to the capital increase by nearly 20%.
    Both investors have expressed their firm interest in supporting the company
    also with regard to possible fund raisings in the future.

    The company will receive gross proceeds from the capital increase of EUR
    5.99 million. Lotto24 AG intends to use the net proceeds from the capital
    increase to conduct marketing activities aimed at accelerating the
    acquisition of new customers. Proceeds are also to be used for expansion of
    the product portfolio to include additional lotteries.

    The new shares are to be admitted for trading on the regulated market
    (Prime Standard) of the Frankfurt Stock Exchange without a prospectus.
    M.M.Warburg & CO (AG & Co.) KGaA has advised on the capital increase.

    This announcement may not be published, distributed or transmitted,
    directly or indirectly, in the United States of America (including its
    territories and possessions), Canada, Australia or Japan or any other
    jurisdiction where such an announcement would be unlawful. The distribution
    of this announcement may be restricted by law in certain jurisdictions and
    persons into whose possession this document or other information referred
    to herein should inform themselves about and observe any such restriction.
    Any failure to comply with these restrictions may constitute a violation of
    the securities laws of any such jurisdiction.
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    DGAP-Adhoc Lotto24 AG: Successful Cash Capital Increase at a 20% Premium Lotto24 AG / Key word(s): Capital Increase 21.10.2014 08:49 Dissemination of an Ad hoc announcement according to § 15 WpHG, transmitted by DGAP - a service of EQS Group AG. The issuer is solely responsible for the content of this announcement. …