ZEAL Network SE: Adjustment of guidance due to large jackpot pay-out

Sep 2, 2015 6:37 PM

ZEAL Network SE  / Key word(s): Change in Forecast

02.09.2015 18:37

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.


In a secondary lottery held by MyLotto24 Limited, a fully consolidated
minority shareholding of ZEAL Network SE, a player has won a jackpot of EUR
15 million.

The pay-out amount falls within the retention specified in MyLotto24's
hedging instruments. Total Operating Performance and EBIT in the current
fiscal year 2015, will therefore be impacted by EUR 15 million.

Therefore, ZEAL has adjusted both its Total Operating Performance and EBIT
guidance for the current fiscal year 2015. While statistical fluctuations
like these are inherent to the secondary lottery business model, MyLotto24
Limited has had above statistical average jackpot pay-outs for 2015
year-to-date. Assuming ordinary course of business in the remaining fiscal
year, ZEAL is lowering its Total Operating Performance guidance of EUR
135-145 million to EUR 120-130 million and EBIT guidance of EUR 35-45
million to EUR 20-30 million.

As previously communicated, ZEAL now uses Total Operating Performance
instead of Revenues for its revenue guidance, in order to account for the
effects of the hedging mechanism.

ZEAL confirms its communicated policy of paying a total dividend of at
least EUR 2.80 per share in the current year.



ZEAL Network SE                                                            

Investor Relations
Tel.: +44 20 3739-7123                                          
E-Mail: media@zeal-network.co.uk                         
Internet: www.zeal-network.co.uk

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Language:     English
Company:      ZEAL Network SE
              5 th Floor One New Change 
              EC4M 9AF London
              United Kingdom
Phone:        +44 (0)20 3739-7000
Fax:          +44 (0)20 3739-7099
E-mail:       office@zeal-network.co.uk
Internet:     www.zeal-network.co.uk
ISIN:         GB00BHD66J44
WKN:          TPP024  
Indices:      SDAX
Listed:       Regulated Market in Frankfurt (Prime Standard); Regulated
              Unofficial Market in Berlin, Dusseldorf, Hamburg, Munich,
End of Announcement                             DGAP News-Service