Lotto24 AG / Key word(s): IPO/Capital Increase
22.06.2012 10:10
Dissemination of an Ad hoc announcement according to § 15 WpHG, transmitted
by DGAP - a company of EquityStory AG.
The issuer is solely responsible for the content of this announcement.
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NOT FOR DISTRIBUTION IN THE USA, CANADA, AUSTRALIA OR JAPAN
In the course of the rights issue of Lotto24 AG aimed at shareholders of
Tipp24 SE and involving a total of 5,988,816 new shares of Lotto24 AG at a
subscription price of EUR 2.50 each, approximately 89.5% of the
subscription rights have been exercised. The execution of the rights issue
is subject to the condition precedent that Tipp24 SE has published an
announcement in the Federal Gazette by 31 July 2012 regarding the
distribution of all shares in Lotto24 AG held by Tipp24 SE to the
shareholders of Tipp24 SE in the form of a dividend in kind or regarding
the distribution of at least one share in Lotto24 AG held by Tipp24 SE for
each dividend-bearing share in Tipp24 SE to the shareholders of Tipp24 SE
in the form of a dividend in kind. The Annual General Meeting of Tipp24 SE
is due to vote on the distribution of a dividend in kind today (22 June
2012). Should the Annual General Meeting adopt a corresponding resolution,
the dividend announcement and the fulfilment of the condition precedent is
scheduled for 25 June 2012. The approximately 630.000 non subscribed shares
will be sold at the subscription price in a private placement on 25 June
2012. Pursuant to a financing agreement, Günther Holding GmbH will acquire
all non subscribed shares. Subject to the condition precedent being
fulfilled, Lotto24 AG will therefore receive net proceeds from the capital
increase of approximately EUR 13,9 million.
Note
This announcement constitutes neither an offer to sell nor a solicitation
to buy securities. The offer is made exclusively by means and on the basis
of a prospectus. The prospectus is available for free on the website of
Lotto24 AG at www.lotto24-ag.de and in printed form from Lotto24 AG,
StraÃenbahnring 11, 20251 Hamburg and from Joh. Berenberg, Gossler & Co.
KG, Neuer Jungfernstieg 20, 20354 Hamburg.
This announcement constitutes neither an offer to buy securities nor a
solicitation to submit an offer to buy securities in the United States,
Canada, Australia or Japan. The shares of Lotto24 AG (the 'Shares') may not
be offered or sold in the United States, nor to US persons (as defined by
Regulation S of the US Securities Act of 1933, as amended (the 'Securities
Act')) nor for the account of US persons, unless they are registered or are
exempt from registration pursuant to the Securities Act. The Shares are not
and will not be registered in accordance with the Securities Act. The
information contained in this announcement may not be distributed in the
United States, nor to US persons, nor in Canada, Australia or Japan.
22.06.2012 DGAP's 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: Lotto24 AG
Neuer Wall 63
20354 Hamburg
Germany
Phone: +49 (0)40 32 55 33-0
Fax: +49 (0)40 32 55 33-77
E-mail: office@lotto24-ag.de
Internet: www.lotto24-ag.de
ISIN: DE000LTT0243
WKN: LTT024
Listed: Regulierter Markt in Frankfurt (Prime Standard)
Notierung vorgesehen / intended to be listed
End of Announcement DGAP News-Service
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DGAP-Adhoc: Lotto24 AG completes rights issue
| Source: EQS Group AG