DGAP-Adhoc
mybet Holding SE: Sale of payment service provider C4U-Malta Ltd.
mybet Holding SE / Key word(s): Strategic Company Decision/Disposal
02.10.2015 13:04
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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Kiel, October 02, 2015 - mybet Holding SE (Deutsche Börse, Prime Standard,
ISIN DE000A0JRU67) and its subsidiaries have today reached an agreement on
the sale of the mybet group company C4U-Malta Ltd. to a company group which
is primarily active in the financial services sector. C4U-Malta Ltd. holds
an e-money financial institution license and renders payment transaction
services for the mybet group. The selling price is three million Euros.
The sale decision was taken within the strategic context of focusing on
sports betting as mybet's core business. The sale will become effective
once several conditions precedent are met, including in particular the
approval of the Malta Financial Services Authority (MFSA) as the
responsible supervisory body. Both parties expect the transaction to close
in Q4 2015.
< End of ad hoc information>
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Information and Explaination of the Issuer to this News:
The mybet group companies will continue to have access to the payment
services they require even after the transfer of the company to the
purchaser. Moving forward, C4U will continue to perform all necessary
payment transaction services for the mybet group. A consistently high
service level will therefore be assured through the collaboration with the
buyer as an expert partner.
02.10.2015 The DGAP Distribution Services include Regulatory Announcements,
Financial/Corporate News and Press Releases.
Media archive at www.dgap-medientreff.de and www.dgap.de
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Language: English
Company: mybet Holding SE
Jägersberg 23
24103 Kiel
Germany
Phone: +49 40 85 37 88-0
Fax: +49 40 85 37 88-30
E-mail: ir@mybet.com
Internet: www.mybet-se.com
ISIN: DE000A0JRU67
WKN: A0JRU6
Listed: Regulated Market in Frankfurt (Prime Standard); Regulated
Unofficial Market in Berlin, Dusseldorf, Hamburg, Munich,
Stuttgart
End of Announcement DGAP News-Service
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ISIN DE000A0JRU67) and its subsidiaries have today reached an agreement on
the sale of the mybet group company C4U-Malta Ltd. to a company group which
is primarily active in the financial services sector. C4U-Malta Ltd. holds
an e-money financial institution license and renders payment transaction
services for the mybet group. The selling price is three million Euros.
The sale decision was taken within the strategic context of focusing on
sports betting as mybet's core business. The sale will become effective
once several conditions precedent are met, including in particular the
approval of the Malta Financial Services Authority (MFSA) as the
responsible supervisory body. Both parties expect the transaction to close
in Q4 2015.
< End of ad hoc information>
---------------------------------------------------------------------------
Information and Explaination of the Issuer to this News:
The mybet group companies will continue to have access to the payment
services they require even after the transfer of the company to the
purchaser. Moving forward, C4U will continue to perform all necessary
payment transaction services for the mybet group. A consistently high
service level will therefore be assured through the collaboration with the
buyer as an expert partner.
02.10.2015 The DGAP Distribution Services include Regulatory Announcements,
Financial/Corporate News and Press Releases.
Media archive at www.dgap-medientreff.de and www.dgap.de
---------------------------------------------------------------------------
Language: English
Company: mybet Holding SE
Jägersberg 23
24103 Kiel
Germany
Phone: +49 40 85 37 88-0
Fax: +49 40 85 37 88-30
E-mail: ir@mybet.com
Internet: www.mybet-se.com
ISIN: DE000A0JRU67
WKN: A0JRU6
Listed: Regulated Market in Frankfurt (Prime Standard); Regulated
Unofficial Market in Berlin, Dusseldorf, Hamburg, Munich,
Stuttgart
End of Announcement DGAP News-Service
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