Lotto24 AG: Successful Cash Capital Increase at a 10% Premium

Lotto24 AG  / Key word(s): Capital Increase

14.07.2015 09:02

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.


Ad hoc announcement acc. to Sec. 15 WpHG

Lotto24 AG: Successful Cash Capital Increase at a 10% Premium

Not for distribution or release in or into the United States of America,
Australia, Canada or Japan, or in any other jurisdiction in which offers or
sales would be prohibited by applicable law.

(Hamburg, 14 July 2015) Lotto24 AG has increased its share capital by EUR
2,195,899 from EUR 21,958,991 to EUR 24,154,890 against cash contributions
through the partial exercise of the company's Authorised Capital as adopted
by the Annual General Meeting of 12 May 2015 and under the exclusion of
shareholder subscription rights. The 2,195,899 new, registered, no-par
value shares were placed entirely with two significant investors of Lotto24
AG, Othello Vier Beteiligungs GmbH & Co. KG, a company of the Günther
Group, as well as Jens Schumann, at a price of EUR 3.49 per new share. The
placement price exceeds the volume weighted average price of the Lotto24
shares over the three trading days prior to the capital increase by more
than 10%.

The new shares are expected to be admitted for trading on the regulated
market (Prime Standard) of the Frankfurt Stock Exchange without publication
of a prospectus at the end of October 2015. M.M.Warburg & CO (AG & Co.)
KGaA has advised on the capital increase.

The Company will receive gross proceeds from the capital increase of nearly
EUR 7.7 million. Lotto24 AG intends to use the net proceeds from the
capital increase to expand its business. Subject to an unchanged regulatory
environment and depending on the jackpot, competition and market situation,
the Company believes that it will require no or only minor additional
funding until reaching a break-even.

This announcement may not be published, distributed or transmitted,
directly or indirectly, in the United States of America (including its
territories and possessions), Canada, Australia or Japan or any other
jurisdiction where such an announcement would be unlawful. The distribution
of this announcement may be restricted by law in certain jurisdictions and
persons into whose possession this document or other information referred
to herein should inform themselves about and observe any such restriction.
Any failure to comply with these restrictions may constitute a violation of
the securities laws of any such jurisdiction.


This ad-hoc announcement does not constitute an offer of securities or a
solicitation of an offer to purchase securities in the United States of
America, Germany or any other jurisdiction. Neither this announcement nor
anything contained herein shall form the basis of, or be relied upon in
connection with, any offer or commitment whatsoever in any jurisdiction.
The securities of Lotto24 AG may not be offered or sold in the United
States of America absent registration or an exemption from registration
under the U.S. Securities Act of 1933, as amended (the 'Securities Act').
The securities of Lotto24 AG have not been, and will not be, registered
under the Securities Act.

In the United Kingdom, this document is only being distributed to and is
only directed at persons who (i) are investment professionals falling
within Article 19(5) of the Financial Services and Markets Act 2000
(Financial Promotion) Order 2005 (as amended) (the 'Order') or (ii) are
persons falling within Article 49(2)(a) to (d) of the Order (high net worth
companies, unincorporated associations etc.) (all such persons together
being referred to as 'Relevant Persons'). This document is directed only at
Relevant Persons and must not be acted on or relied on by persons who are
not Relevant Persons. Any investment or investment activity to which this
document relates is available only to Relevant Persons and will be engaged
in only with Relevant Persons.

In member states of the European Economic Area ('EEA') which have
implemented the Prospectus Directive (each, a 'Relevant Member State'),
this announcement and any offer if made subsequently is directed
exclusively at persons who are 'qualified investors' within the meaning of
the Prospectus Directive ('Qualified Investors'). For these purposes, the
expression 'Prospectus Directive' means Directive 2003/71/EC (and
amendments thereto, including Directive 2010/73/EU, to the extent
implemented in a Relevant Member State).

No action has been taken that would permit an offering of the securities or
possession or distribution of this announcement in any jurisdiction where
action for that purpose is required. Persons into whose possession this
announcement comes are required to inform themselves about and to observe
any such restrictions.

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Language:     English
Company:      Lotto24 AG
              Straßenbahnring 11
              20251 Hamburg
Phone:        +49 (0)40 8 222 39 0
Fax:          +49 (0)40 8 222 39 70
ISIN:         DE000LTT0243
WKN:          LTT024
Listed:       Regulated Market in Frankfurt (Prime Standard); Regulated
              Unofficial Market in Berlin, Dusseldorf, Hamburg, Munich,
End of Announcement                             DGAP News-Service