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mybet Holding SE resolves to increase share capital with the exclusion of subscription rights, to issue additional convertible bonds and to take out a short-term loan

mybet Holding SE / Key word(s): Corporate Action/Financing
mybet Holding SE resolves to increase share capital with the exclusion of subscription rights, to issue additional convertible bonds and to take out a short-term loan

02-May-2018 / 11:26 CET/CEST
Disclosure of an inside information acc. to Article 17 MAR of the Regulation (EU) No 596/2014, transmitted by DGAP - a service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.


mybet Holding SE resolves to increase share capital with the exclusion of subscription rights, to issue additional convertible bonds and to take out a short-term loan

Berlin, May 2, 2018. Today, the Management Board and Supervisory Board of mybet Holding SE (ISIN DE000A0JRU67) ("the Company") have jointly adopted measures for refinancing the Company.

First, with the approval of the Supervisory Board, the Management Board has resolved to increase the Company's share capital from EUR 6,396,231 by up to EUR 639,623 against cash contribution from Authorised Capital 2015/I, with the exclusion of the shareholders' subscription rights. The new shares will be offered to investors by way of a private placement at the issue amount of EUR 1.20 per share. When the issue amount was determined, the capital reduction in a ratio of 4:1 adopted at the General Meeting on 19 February 2018 was taken into account.

Second, with the approval of the Supervisory Board, the Management Board has resolved a resolution to issue up to 5,000 additional debentures of the convertible bond 2017/2020 (ISIN: DE000A2G8472) with a nominal value of up to EUR 100.00 each, i.e. in a total nominal value of up to EUR 500,000 ("New Debentures"). Along with the debentures of the convertible bond 2017/2020 already issued by granting subscription rights to the shareholders and bearers of the debentures of the convertible bond 2015/2020, the New Debentures form one single issue. The subscription and takeover of the New Debentures will also be executed by way of a private placement.

Moreover, a short-term loan amounting to EUR 300,000 was taken out by the Company.

Reporting company:
mybet Holding SE, ISIN DE000A0JRU67, Prime Standard segment of the Frankfurt Stock Exchange

Reporting person:
Markus Peuler, member of the Management Board


Information and Explanation of the Issuer to this News:

 

mybet Holding SE
The mybet Group, licensed in several European countries to offer sports betting and online casino games, has its registered office in Berlin and locations in Cologne and Malta. mybet offers its betting and gaming products over the internet platform mybet.com as well as at land-based betting shops operating under a franchise system. In addition, the group supplies regional betting providers in Europe and Africa as a B2B service provider.
mybet Holding SE is the parent company of the mybet Group. The shares of mybet Holding SE (ISIN DE000A0JRU67) are listed on the Frankfurt Stock Exchange in the Prime Standard.
For further information, visit www.mybet-se.com | www.mybet.com | www.mybet-shop.com
 

Contact
mybet Holding SE
Karl-Liebknecht-Strasse 32
D-10178 Berlin
Investor & Public Relations
tel +49 30 22 90 83-161
fax +49 30 22 90 83-150
E-Mail ir@mybet.com


02-May-2018 CET/CEST The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases.
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