LOTTO24 AG
LOTTO24 AG: Request for supplement of Othello Vier GmbH & Co. KG with regard to the dismissal of the Chairman of the Supervisory Board Prof. Willi Berchtold and the election of Peter Steiner to the Supervisory Board of Lotto24 AG at the Annual General Meeting on 4 June 2019
DGAP-News: LOTTO24 AG / Key word(s): AGM/EGM Request for supplement of Othello Vier GmbH & Co. KG with regard to the dismissal of the Chairman of the Supervisory Board Prof. Willi Berchtold and the election of Peter Steiner to the Supervisory Board of Lotto24 AG at the Annual General Meeting on 4 June 2019 (Hamburg, 29 April 2019) Lotto24 AG (Lotto24.de), Germany’s leading online provider of state-run lotteries, has received a request for supplement from Othello Vier GmbH & Co. KG (“Othello Vier“) for the Annual General Meeting to be held on 4 June 2019. The object of the request is the addition to the agenda of an item regarding the dismissal of the Chairman of the Supervisory Board of Lotto24 AG, Prof. Willi Berchtold, with effect from the end of the Annual General Meeting, and the election of Mr Peter Steiner as a new member of the Supervisory Board. Among other things, Peter Steiner is currently the Chairman of the Supervisory Board of ZEAL Network SE (“ZEAL“), which has submitted an exchange takeover offer to the shareholders of Lotto24 AG that is expected to be completed before the Annual General Meeting. According to ZEAL’s offer document of 31 January 2019 (“Offer Document“), Othello Vier has already committed to accepting the takeover offer based on an irrevocable tender agreement. In the Offer Document, ZEAL had described its intention to pursue a new composition of the Supervisory Board of Lotto24 AG in which an independent member of the Supervisory Board of ZEAL would join the Supervisory Board of Lotto24 AG as its Chairman. Moreover, it had expressed its intention to have serving members of the Supervisory Board of Lotto24 AG dismissed before the end of their respective term of office should this new composition not be enabled by way of resignation. Professor Berchtold has recently (cp. press release by Lotto24 AG of 25 April 2019) notified the public that he would resign from his office by the time the essential economic parameters of the agreements between Lotto24 AG and ZEAL have been agreed. Othello Vier has demonstrated that it holds an interest in the company’s share capital of at least EUR 500,000. Following a detailed examination of the request, the Executive Board has come to the conclusion that it will comply with the request for supplementing the agenda of the Annual General Meeting. The complete wording of the request for supplement will be published in the form of an announcement in the German Federal Gazette (Bundesanzeiger) and forwarded for publication to those media which can be assumed to disseminate the information throughout the European Union. The announcement will also be made available for downloading on the company’s website Lotto24-ag.de in the section “Investor Relations”, under the heading “Annual General Meeting”. About Lotto24 AG: Lotto24 is Germany’s leading online provider of state-licensed lotteries (Lotto24.de). Lotto24 brokers customers’ tickets to the state lottery companies and the »Deutsche Fernsehlotterie«, for which it receives a commission. The offerings include among others »Lotto 6aus49«, »Spiel 77«, »Super 6«, »EuroJackpot«, »GlücksSpirale«, lotto clubs, »Keno« and the »Deutsche Fernsehlotterie«. After its foundation in 2010 and IPO in 2012 on the Frankfurt Stock Exchange (Prime Standard), Lotto24 is now the market leader. As a fast-growing company with a strong service and customer orientation, Lotto24 aims to provide its customers online as well as mobile with the most convenient, secure and modern game experience possible. Contact:
29.04.2019 Dissemination of a Corporate News, transmitted by DGAP – a service of EQS Group AG. |
Language: | English |
Company: | LOTTO24 AG |
Straßenbahnring 11 | |
20251 Hamburg | |
Germany | |
Phone: | +49 (0)40 8 222 39 0 |
Fax: | +49 (0)40 8 222 39 70 |
E-mail: | ir@lotto24.de |
Internet: | www.lotto24-ag.de |
ISIN: | DE000LTT0243 |
WKN: | LTT024 |
Listed: | Regulated Market in Frankfurt (Prime Standard); Regulated Unofficial Market in Berlin, Dusseldorf, Hamburg, Munich, Stuttgart, Tradegate Exchange |
EQS News ID: | 804511 |
End of News | DGAP News Service |