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11.01.2019 11:39:11
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ZEAL receives indicative offer from Lottoland for the purchase of its core German business assets
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ZEAL Network SE (-) ZEAL receives indicative offer from Lottoland for the purchase of its core German business assets ZEAL Network SE ('ZEAL') has received a non-binding, conditional and indicative offer from Lottoland Holdings ('Lottoland') for the purchase of assets of the ZEAL Group representing the core of the German business as currently operating under the Tipp24 brand. The offer excludes ZEAL's fully consolidated minority shareholding myLotto24 Limited. The cash purchase price offered by Lottoland, subject to due diligence, ranges from EUR 60 million to EUR 76 million. The full text of the offer in the English language is available at http://www.rns-pdf.londonstockexchange.com/rns/8560M_1-2019-1-11.pdf ZEAL will duly assess the indicative offer and its potential implications. Contact: Frank Hoffmann, CEFA Investor Relations ZEAL 5th Floor - One New Change London EC4M 9AF T +44 (0) 20 3739-7123 F +44 (0) 20 3739-7199 frank.hoffmann@zeal-network.co.uk |
| ISIN: | GB00BHD66J44 |
| Category Code: | MSCM |
| TIDM: | - |
| LEI Code: | 391200EIRBXU4TUMMQ46 |
| OAM Categories: | 2.2. Inside information |
| Sequence No.: | 7139 |
| EQS News ID: | 765367 |
| End of Announcement | EQS News Service |
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