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

JAXX SE  / Key word(s): Capital Increase

16.02.2011 11:05

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.


Capital increase via rights issue with additional subscription option

Not for distribution, publication or forwarding in the USA

Kiel, February 16, 2011 - The Management Board of JAXX SE (ISIN
DE000A0JRU67), listed in the Prime Standard of Deutsche Börse, today
resolved with the consent of the Supervisory Board to make partial use of
the company's approved capital and implement a capital increase by way of a
rights issue with the option for shareholders to acquire additional shares,
on a ratio of 4:1. Through the issue of up to 4,842,857 new shares, the
capital stock is to be increased from currently EUR 19,371,428.00 to up to
EUR 24,214,285.00. The cash inflow is to be used in particular to step up
marketing activities as well as to expand the sports betting brand myBet
and open new myBet betting shops.

The new shares carry an entitlement to profits from January 1, 2011 and
will be offered for subscription at a price of EUR 1.28 per share. The
subscription period is likely to run from February 22, 2011 to March 7,

As part of the non-public offering, the shareholders will be granted an
indirect subscription right for up to 4,842,857 new shares. Through
publication of the rights offer in the electronic Federal Gazette and in
Financial Times Deutschland, the company's shareholders will be requested
to exercise their subscription right to avoid being excluded. No organised
trading of rights will take place.

Any shares not taken up through the rights issue by the end of the
subscription period will be offered exclusively to existing shareholders
for acquisition as additional shares. To that end every eligible
shareholder may submit a binding offer to acquire further new shares from
the capital increase at the subscription price, in addition to the new
shares to which they are entitled from their subscription rights. If
oversubscribed, the new shares will be allocated in proportion to the
rights already exercised.

Further details of the capital increase can be found in the rights offer
expected to be published on February 21 in the electronic Federal Gazette,
in Financial Times Deutschland and on the JAXX website at www.jaxx-se.com.

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.

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

16.02.2011 DGAP's 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:      JAXX SE
              Jägersberg 23
              24103 Kiel
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