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mybet Holding SE: successful Annual General Meeting with broad approval of shareholders

mybet Holding SE / Key word(s): AGM/EGM

2015-06-05 / 15:14

mybet Holding SE: successful Annual General Meeting with broad approval of shareholders

- Agenda items passed by large majority of the shareholders

- 39.08 % of share capital represented

- Management Board reports on successfully initiated repositioning of mybet in 2014 financial year and the continuing turnaround

Kiel, June 5, 2015 - mybet Holding SE (Deutsche Boerse, Prime Standard, ISIN DE000A0JRU67) today held a successful 2015 Annual General Meeting in Hamburg. 39.08 % of the share capital was represented. The Management Board reported on the corporate development in the past 2014 financial year and, looking ahead, provided an insight into the strategic direction of mybet.

The agenda items for the Annual General Meeting were passed by a large majority of the shareholders attending. The items on the agenda at this year's Annual General Meeting included new elections for the Supervisory Board. The regular term of office of four members of the six-member Supervisory Board - Dr Volker Heeg, Marcus Geiß, Patrick Moeller and Konstantin Urban - ended with the close of the Annual General Meeting. Marcus Geiß and Konstantin Urban did not stand for re-election, while Dr Volker Heeg and Patrick Moeller were re-elected by the Annual General Meeting for a further term of office. They were joined on the Supervisory Board by the proposed new members Michael Otto and Maurice Reimer, who will work alongside the serving members Markus Alexander Knoss and Clemens Jakopitsch. All Management Board and Supervisory Board members in office in the 2014 financial year - with the exception of the resigned Supervisory Board member Konstantin Urban - were granted discharge by a large majority at the Annual General Meeting. The detailed voting results will be published shortly on the company website under the Investor Relations section.

The Annual General Meeting furthermore authorised the Management Board of mybet Holding SE to issue new no par value registered shares on one or multiple occasions (i.e. in partial amounts) with the consent of the Supervisory Board. To that end, Authorised Capital of EUR 2,119,963.00 was created on the basis of an anticipatory resolution.

Sven Ivo Brinck, Chief Executive Officer of mybet Holding SE, explained the measures taken in the 2014 financial year to the shareholders present. The company is to be led to sustainable profitability by a comprehensive turnaround and repositioning: "In summer 2014 we were able to exploit the FIFA World Cup to the full thanks to perfect system stability. Alongside that, we brought new products and features onto the market in the shape of our loyalty card, the betting terminal and mobile applications. Business operations developed positively as expected, with revenue rising to EUR 70.4 million and positive operating earnings. These initial important steps give us vital momentum for tackling the challenges that lie ahead." The current financial year of 2015 is again dominated by the repositioning and the focus on the core business area of Sports Betting. Having successfully initiated the turnaround in the past year, the company will continue to pursue its chosen strategy. The new partnership with amelco Ltd. along with its impact on future financial figures was also presented. The decision signals the determination of the Management Board of mybet Holding SE to use proprietary products in the Sports Betting segment to make up ground on its main competitors in the industry.

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

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365805  2015-06-05