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JAXX SE: capital increase via rights issue with additional subscription option successfully placed

JAXX SE  / Key word(s): Capital Increase

08.03.2011 11:58

Dissemination of an Ad hoc announcement according to § 15 WpHG, transmitted
by DGAP - a company of EquityStory AG.
The issuer is solely responsible for the content of this announcement.

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JAXX SE: capital increase via rights issue with additional subscription
option successfully placed

Not for distribution, publication or forwarding in the USA

Kiel, March 8, 2011 - JAXX SE, listed in the Prime Standard, has carried
out a capital increase on a ratio of 4:1 - on the basis of the rights
offering published in the electronic Federal Gazette on February 21, 2011 -
and placed 4,842,857 shares with its shareholders. Thanks to the high
number of additional subscription requests by shareholders, interest in the
new shares easily exceeded the number on offer. It was therefore not
possible to meet in full the shareholders' requests to subscribe to
additional shares. In keeping with the principle of equal treatment, the
shareholders' additional subscription requests are accepted in proportion
to the rights allocable to them. The multiplying factor for the addional
shares will be released tomorrow, March 9, 2011, on the JAXX SE website
www.jaxx-se.com

The capital increase means that the capital stock of JAXX SE will rise from
a present EUR 19,371,428.00 to EUR 24,214,285.00. The new shares, carrying
an entitlement to profits from January 1, 2011, were offered to
shareholders for subscription at a price of EUR 1.28 from February 22, 2011
to March 7, 2011.

JAXX SE will accrue gross issuing proceeds of around EUR 6.2 million as a
result of the capital increase. This cash inflow is to be used to step up
marketing activities, expand the sports betting brand myBet and open new
myBet betting shops.

M.M.Warburg & CO was appointed to handle the capital increase.

The capital increase will now shortly be entered on the Commercial
Register; the admission decision for the new shares' listing is then
expected to be reached in calendar week 11 and the new shares will then be
delivered. Until the Shareholders' Meeting on May 18, 2011 the new shares
will be listed under the separate ISIN DE000A1H30L7. After the
Shareholders' Meeting the new shares will automatically be included in the
old shares' listing under the familiar ISIN DE000A0JRU67.

DISCLAIMER
This communication is intended for publication exclusively in Germany and
other selected countries. It may not be distributed in or forwarded to the
following countries in whole or part, nor published or made available there
in any other way: USA, Canada, Japan, Australia, any other country in which
such action is restricted by law or prohibited, and any dependent
territories of the above countries.

This communication contains statements about future developments that are
based on information currently available and involve risks and
uncertainties that may result in the actual results differing from these
future-related statements. Such risks and uncertainties include, for
example, unforeseeable changes in political and economic conditions, in
particular in the area of the gaming market, the competitive situation,
interest and exchange rate movements as well as other risks and unexpected
circumstances. JAXX SE and its group companies make no undertaking to
update such future-related statements.

Contact:
JAXX SE
Investor Relations & Corporate Communications
Stefan Zenker
Tel. +49 (40) 85 37 88 47
Fax +49 (40) 85 37 88 30
Mail stefan.zenker@jaxx.com





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Language:     English
Company:      JAXX SE
              Jägersberg 23
              24103 Kiel
              Deutschland
Phone:        +49 (0)431 88 104-0
Fax:          +49 (0)431 88 104-40
E-mail:       ir@jaxx.com
Internet:     www.jaxx-se.com
ISIN:         DE000A0JRU67
WKN:          A0JRU6
Listed:       Regulierter Markt in Frankfurt (Prime Standard); Freiverkehr
              in Berlin, Düsseldorf, Hamburg, München, Stuttgart
 
End of Announcement                             DGAP News-Service
 
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