LOTTO24 AG: Chairman of the Supervisory Board Prof. Willi Berchtold available for Lotto24 until agreement of essential economic parameters with ZEAL

DGAP-News: LOTTO24 AG / Key word(s): Miscellaneous LOTTO24 AG: Chairman of the Supervisory Board Prof. Willi Berchtold available for Lotto24 until agreement of essential economic parameters with ZEAL 25.04.2019 / 16:12 The issuer is solely responsible for the content of this announcement. Chairman of the Supervisory Board Prof. Willi Berchtold available for Lotto24 until agreement of essential economic parameters with ZEAL (Hamburg, 25 April 2019) Prof. Willi Berchtold, Chairman of the Supervisory Board of Lotto24 AG (Lotto24.de), Germany's leading online provider of state lotteries, has informed the company that he will be available to Lotto24 as a member and Chairman of the Supervisory Board until after the voluntary public takeover offer by ZEAL Network SE ("ZEAL") has been completed and negotiations on key contracts have been concluded with ZEAL. According to Berchtold, he intends to follow the principles of good corporate governance on the one hand and to ensure the protection of the remaining Lotto24 shareholders and equal treatment of all shareholders as an independent Supervisory Board member on the other. In addition, he feels committed to the logic of the "Joint Reasoned Opinion of the Executive Bodies of Lotto24 AG" of 12 February 2019 to ensure independent company management separate from ZEAL in terms of personnel until the conclusion of negotiations on the future service relationships. Berchtold intends to resign from his position on the Supervisory Board after the point in time at which the essential economic parameters of the future cooperation between Lotto24 and ZEAL have been agreed. According to current planning, this could be in November 2019. With regard to the composition of the Supervisory Board of Lotto24 AG, ZEAL had stated, among other things in the Offer Document, that an independent member of the Supervisory Board of ZEAL should join the Supervisoy Board of Lotto24 AG as its chairman in future. About Lotto24 AG: Lotto24 AG is Germany's leading online provider of state-licensed lotteries (Lotto24.de). Lotto24 brokers customer tickets to the state-owned lottery companies of Germany's federal states and the »Deutsche Fernsehlotterie«, for which it receives a commission. The product range includes »Lotto 6aus49«, »Spiel 77«, »Super 6«, »EuroJackpot«, »GlücksSpirale«, lotto clubs, »Keno« and the »Deutsche Fernsehlotterie«. Following its foundation in 2010 and IPO in 2012 on the Frankfurt Stock Exchange (Prime Standard), Lotto24 is now the clear market leader and well ahead of its competitors. 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: Lotto24 AG Vanina Hoffmann Manager Investor & Public Relations Tel.: [phone] - 501 E-mail: [e-mail] Internet: Lotto24-ag.de Lotto24.de 25.04.2019 Dissemination of a Corporate News, transmitted by DGAP - a service of EQS Group AG. The issuer is solely responsible for the content of this announcement. The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases. Archive at www.dgap.de

Language:	English
Company:	LOTTO24 AG
	Straßenbahnring 11
	20251 Hamburg
	Germany
Phone:	[phone]
Fax:	[phone]
E-mail:	[e-mail]
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:	803497

End of News	DGAP News Service

803497  25.04.2019