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mybet Holding SE successfully places convertible bond

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

2015-12-10 / 08:39
The issuer is solely responsible for the content of this announcement.


Kiel, December 9, 2015 - mybet Holding SE (Deutsche Börse, Prime Standard, ISIN DE000A0JRU67) has successfully placed on the capital market a convertible bond paying interest at 6.25 % and in a volume of EUR 5 million. The issue was easily oversubscribed. 50,000 debentures in total were issued at a price of EUR 100.00 each.

Zeno Ossko, CEO of mybet Holding SE, is satisfied with the transaction: "We have had plenty of positive feedback from investors regarding our strategy and plans. Many of our long-standing investors as well as a main anchor investor chose to subscribe to the convertible bond. A few new investors have now also come on board. We are delighted at that, and it confirms the path we have chosen towards profitable growth."

The additional funds from the convertible bond are to be used 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 UEFA Euro 2016. "We will now be able to continue pursuing our strategy as planned. The ominchannel strategy based on a higher-performance platform plays a decisive role in our plans. It enables us to closely dovetail all sales channels - whether internet, mobile, terminal or in-shop - thus significantly improving customer loyalty. That establishes the basis for sustained growth in revenue and profit," added Zeno Ossko.

The debentures of the convertible bond 2015/2020 are expected to be included in over-the-counter trading at the Frankfurt Stock Exchange on December 11, 2015.




Contact:
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


2015-12-10 Dissemination of a Corporate News, transmitted by DGAP - a service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.

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