LOTTO24 AG: Dr. Felix Menden remains consultant of Lotto24

DGAP-News: LOTTO24 AG / Key word(s): Miscellaneous

18.03.2019 / 11:33
The issuer is solely responsible for the content of this announcement.

Dr. Felix Menden remains consultant of Lotto24

(Hamburg, 18 March 2019) In the course of the takeover offer of ZEAL Network SE ("ZEAL"), London, Dr. Felix Menden will make use of his contractually agreed special termination right and will not assume his position as member of the Executive Board of Lotto24 AG. He had originally been scheduled to take office on 1 December 2018 and this was initially postponed to 1 May 2019 due to the takeover offer published by ZEAL on 19 November 2018.

However, Dr. Menden will continue to be available to Lotto24 AG as a consultant and will in particular accompany the future IT strategy, the implementation of the merger of the IT platforms, the restructuring of the IT organisation and other issues in connection with the IT systems.

"We very much regret that Dr. Menden is not joining the Executive Board but welcome the fact that he will support us with his many years of experience in the software and Internet world as part of the merger," said Prof. Willi Berchtold, Chairman of the Supervisory Board of Lotto24 AG.

About Lotto24 AG: Lotto24 AG is Germany's leading online provider of state-licensed lotteries ( 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.

Lotto24 AG
Vanina Hoffmann
Manager Investor & Public Relations
Tel.: +49 40 82 22 39 - 501

18.03.2019 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.

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