07.09.2016 10:00:01
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DGAP-News: Lotto24 AG
DGAP-News: Lotto24 AG: Financing for break-even and further growth secured
"We are convinced that we are now in a position to take the next step towards profitable growth and take advantage of additional opportunities," says Petra von Strombeck, CEO of Lotto24 AG.
About Lotto24 AG: Lotto24 AG is Germany's leading online provider of state- licensed lotteries (www.lotto24.de). Lotto24 brokers customer tickets to the state-owned lottery companies of Germany's federal states, for which it receives a commission. The product range includes »Lotto 6aus49«, »Spiel 77«, »Super 6«, »EuroJackpot«, »GlücksSpirale«, lotto clubs and »Keno«. 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.: +49 (0) 40 / 82 22 39 - 501 E-mail: ir@lotto24.de Internet: www.lotto24-ag.de www.lotto24.de
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07.09.2016 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
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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 End of News DGAP News Service ---------------------------------------------------------------------------
499521 07.09.2016
DGAP-News: LOTTO24 AG / Key word(s): Financing
LOTTO24 AG: Financing for break-even and further growth secured
07.09.2016 / 10:00
The issuer is solely responsible for the content of this announcement.
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Financing for break-even and further growth secured
Hamburg, 7 September 2016 - Lotto24 AG, www.lotto24.de, has signed a loan
agreement with the Günther Group for an amount of up to three-and-a-half
million euros. The loan gives the company the possibility to utilise
favourable market situations for gaining new customers and thereby achieve
further growth. Moreover, Lotto24 does not expect to require any further
funding until reaching break-even.
"We are convinced that we are now in a position to take the next step towards profitable growth and take advantage of additional opportunities," says Petra von Strombeck, CEO of Lotto24 AG.
About Lotto24 AG: Lotto24 AG is Germany's leading online provider of state- licensed lotteries (www.lotto24.de). Lotto24 brokers customer tickets to the state-owned lottery companies of Germany's federal states, for which it receives a commission. The product range includes »Lotto 6aus49«, »Spiel 77«, »Super 6«, »EuroJackpot«, »GlücksSpirale«, lotto clubs and »Keno«. 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.: +49 (0) 40 / 82 22 39 - 501 E-mail: ir@lotto24.de Internet: www.lotto24-ag.de www.lotto24.de
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07.09.2016 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
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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 End of News DGAP News Service ---------------------------------------------------------------------------
499521 07.09.2016
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