Winning payout and guidance unchanged
DGAP-News: ZEAL Network SE / Key word(s): Miscellaneous
2015-05-13 / 15:42
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London, 13 May 2015
In a secondary lottery held by MyLotto24 Ltd, a fully consolidated minority
shareholding of ZEAL Network SE, a player has won a jackpot of
approximately EUR 48 million.
The prize pay-out is covered by hedging instruments established by
MyLotto24. Taking into account the prize pay-out, consolidated EBIT in the
current fiscal year 2015 will only be impacted by approximately EUR 9.5
million. This impact is within the annual statistical fluctuation, so that
ZEAL confirms its previously communicated consolidated EBIT guidance for
the current fiscal year 2015 of between EUR 35 and EUR 45 million.
Although consolidated revenue will be negatively affected by the full
amount of the prize pay-out, the payment receivable by MyLotto24 from the
hedging structure will be accounted for as Other operating income and will
increase the total operating performance accordingly by approximately EUR
38.5m. ZEAL therefore also confirms its previously communicated revenue
guidance of EUR 135 to EUR 145 million, only with reference to Other
operating income instead of Revenues.
ZEAL will from now on use Total operating performance instead of Revenues
for its revenue guidance in order to adequately account for the effects of
the hedging mechanism.
Additionally, ZEAL upholds its communicated dividend policy of paying at
least EUR 2.80 per share in the current year, including the interim
dividend payment of EUR 0,70 per share made in March 2015.
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2015-05-13 Dissemination of a Corporate News, transmitted by DGAP - a
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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: frank.hoffmann@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,
Stuttgart
End of News DGAP News-Service
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357485 2015-05-13
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