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mybet Holding SE: Ad hoc information on convertible bond 2015/2020

mybet Holding SE  / Key word(s): Corporate Action

17.11.2015 21:43

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.


Kiel, November 17, 2015 It became known today in the market that the
Management Board of mybet Holding SE (Deutsche Börse, Prime Standard, ISIN
DE000A0JRU67), Kiel, intends to issue a bond with conversion right in the
maximum total nominal value of up to EUR 5 million. The measure is still
subject to a final Management Board resolution, which will also specify the
details of the issuance and the terms of the bond. Issuance is also subject
to the consent of the Supervisory Board of the company, which decision is
expected to be reached in November.

According to the current plans of the Management Board, the convertible
bond is to be issued probably in December and have a term of five years.
During the term the bondholders have the irrevocable right, within certain
conversion periods, to convert debentures into no par value shares of mybet
Holding SE, each representing a notional share of the capital stock of EUR
1.00. The convertible bond is to attract interest at a rate of 6.25 % p.a.
on its nominal value. The issue amount, taking into account the present
share price, will probably represent 100 % of the nominal amount and will
therefore be EUR 100.00 per debenture. The convertible bond is to be
collateralised by the pledging of shares of pferdewetten.de AG, Düsseldorf,
which are in the ownership of mybet Holding SE.

The Management Board would like to use the proceeds of the issuance of the
convertible bond in particular for the expansion of the marketing and
technology platform of the company, for the expansion of the betting range,
for the acquisition of new customers through increased marketing
activities, and for the advertising of games in the wider context of the
UEFA European Championship in 2016.

In passing a resolution to issue the convertible bond, the Management Board
intends to exercise its authorisation to issue convertible bonds pursuant
to the resolution of the Annual General Meeting of the company dated June
5, 2014. The shareholders of mybet Holding SE are to be granted a
subscription right in the form of an indirect subscription right via ODDO
SEYDLER BANK AG. The debentures are to be offered to the shareholders
without publication of a prospectus in compliance with Section 1 (2) No. 4
of the German Securities Prospectus Act (WpPG). Further details will be
announced in the rights offer.

The Management Board intends to offer the shares not taken up by
shareholders for subscription through a private placement at the
subscription price. One investor has indicated its fundamental interest in
subscribing to up to 30 % of the bond volume.

It is intended to apply for inclusion of the bonds in over-the-counter
trading at the Frankfurt Stock Exchange.

mybet Holding SE
Investor Relations & Corporate Communications
Yulia Link
Tel. +49 (40) 85 37 88 47
Fax +49 (40) 85 37 88 30
Mail yulia.link@mybet.com

17.11.2015 The DGAP Distribution Services include Regulatory Announcements,
Financial/Corporate News and Press Releases.
Media archive at www.dgap-medientreff.de and www.dgap.de

Language:     English
Company:      mybet Holding SE
              Jägersberg 23
              24103 Kiel
Phone:        +49 40 85 37 88-0
Fax:          +49 40 85 37 88-30
E-mail:       ir@mybet.com
Internet:     www.mybet-se.com
ISIN:         DE000A0JRU67
WKN:          A0JRU6
Listed:       Regulated Market in Frankfurt (Prime Standard); Regulated
              Unofficial Market in Berlin, Dusseldorf, Hamburg, Munich,
End of Announcement                             DGAP News-Service