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mybet Holding SE sells stake in pferdewetten.de AG

mybet Holding SE  / Key word(s): Disposal/Investment

07.06.2016 17:00

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.


mybet Holding SE sells stake in pferdewetten.de AG

Kiel, June 7, 2016. mybet Holding SE ("mybet", ISIN DE000A0JRU67) sells its
stake in pferdewetten.de AG. Today, the Supervisory Board of mybet Holding
SE has approved the sale of all shares of pferdewetten.de AG. The shares
will be sold to individual investors. The individual transactions will in
total comprise the whole stake of the unlisted shares of pferdewetten.de AG
held by mybet amounting to 1,810,307 shares. The purchase price total paid
by the investors will be published by mybet after the closing of the
transaction, as the closing of the individual transactions is still subject
to the condition precedent that the agreed on purchase prices will be

As all pferdewetten.de AG shares are used as collateral for the
collateralised convertible bond (ISIN DE000A1X3GJ8) issued by mybet Holding
SE, mybet is going to deposit the amount necessary for the
collateralisation of the convertible bond in cash in exchange for the
pferdewetten.de AG shares with the trustee in accordance with the
applicable bond terms and the collateral-trust agreement.

By selling the stake in pferdewetten.de AG a mandatory tender offer is
triggered as defined in the terms of the convertible bond 2015/2020. Thus,
mybet is obliged to make a tender offer to the creditors for the purchase
of all partial debentures of the convertible bond outstanding within 30
calendar days.

- End of ad hoc announcement -


Information and Explanation of the Issuer to this News:

The sale of all shares of pferdewetten.de AG is connected with the
'alternative scenarios' regarding the securing of the company's financing
mentioned in the Annual Report 2015 and in the statement on the first
quarter 2016. 'Due to the unforeseeable stay out of the funds from the C4U
transaction we were forced to make a decision, that we would have liked to
avoid. To part with our subsidiary pferdewetten.de AG was the most
expedient of the alternatives available to us, taking into account the on-
going focussing of our business on the areas sports betting and casino',
explains Zeno Osskó, CEO of mybet Holding SE.

mybet Holding SE
The mybet Group, licensed in several European countries to offer sports
betting and online casino games, has its registered office in Kiel,
Germany, and locations in Berlin, Hamburg, Cologne and Malta. mybet offers
its betting and gaming products over the internet platforms mybet.com and
mybet.de as well as at physical betting shops operating under a franchise
system. In addition the group supplies regional betting providers in Europe
and Africa in the capacity of 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

mybet Holding SE
Sebastian Bucher
Investor & Public Relations
Tel: +49 30 229083-161
Fax: +49 30 229083-150
Mail: sebastian.bucher@mybet.com

07.06.2016 The DGAP Distribution Services include Regulatory Announcements,
Financial/Corporate News and Press Releases.
Media archive at www.dgap.de

Language:     English
Company:      mybet Holding SE
              Jägersberg 23
              24103 Kiel
Phone:        +49 30 22 90 83 100
Fax:          +49 30 22 90 83 150
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