LOTTO24 AG

  • WKN: LTT247
  • ISIN: DE000LTT2470
  • Land: Deutschland

Nachricht vom 28.04.2020 | 11:36

LOTTO24 AG: Invitation to Annual General Meeting 2020 of Lotto24 AG to vote, inter alia, on ordinary capital reduction and consolidation of shares in a ratio 15 to 1

LOTTO24 AG / Key word(s): Miscellaneous
LOTTO24 AG: Invitation to Annual General Meeting 2020 of Lotto24 AG to vote, inter alia, on ordinary capital reduction and consolidation of shares in a ratio 15 to 1

28-Apr-2020 / 11:36 CET/CEST
Disclosure of an inside information acc. to Article 17 MAR of the Regulation (EU) No 596/2014, transmitted by DGAP - a service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.


Invitation to Annual General Meeting 2020 of Lotto24 AG to vote, inter alia, on ordinary capital reduction and consolidation of shares in a ratio 15 to 1

(Hamburg, 28 April 2020) The Management Board and the Supervisory Board of Lotto24 AG today decided to propose to the Annual General Meeting of Lotto24 AG scheduled for 17 June 2020 to implement an ordinary capital reduction pursuant to Sec. 222 et seqq. German Stock Corporation Act and a consolidation of the shares of the Company. The proposed resolutions provide for a reduction of the share capital of Lotto24 AG from EUR 24,154,890 to EUR 1,610,326. Accordingly, the issued 24,154,890 shares of Lotto24 AG shall be merged in a ratio of 15 to 1 to 1,610,326 shares. From fifteen existing no-par value registered shares, one new no-par value registered share with a notional amount in the share capital of EUR 1.00 would thus be created.

The capital reduction serves for the full reduction amount to be booked to the capital reserves of the Company. Due to the balance sheet loss existing as of 31 December 2019 of EUR 2.097 million and the deferred tax assets of EUR 19.853 million, no dividends can currently be distributed for the time being, despite expected future net profits. By reducing the share capital and transferring the amount to the capital reserves, an offsetting item is being created which will enable dividend distributions to be made in the foreseeable future in the event of future net profits.

The complete invitation to the Annual General Meeting of Lotto24 AG, including the agenda, will be published shortly in the Federal Gazette and on the Company's website.

Contact:
Lotto24 AG
Vanina Hoffmann
Manager Investor & Public Relations
Tel.: +49 40 82 22 39 - 501
E-mail: ir@lotto24.de
Internet: Lotto24-ag.de
Lotto24.de


28-Apr-2020 CET/CEST The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases.
Archive at www.dgap.de



show this

Event im Fokus

Termine 2021

10. Juni 2021:Fachkonferenz Immobilien

14./15. Juli 2021: Fachkonferenzen Beteiligungsgesellschaften & Consumer/Leisure

13./14. Oktober 2021: Fachkonferenzen Finanzdienstleistungen/Technologie

10./11. November 2021: Fachkonferenzen Software/IT & Branchenmix

„Je nach aktueller Covid-19 Situation und den bestehenden Vorschriften für Versammlungen entscheidet sich ca. 5 Wochen vor dem Termin, in welcher Form die Konferenzen stattfinden.“

GBC-Fokusbox

Cryptology Asset Group PLC: 120 % Kurspotenzial

GBC Research hat mit der Coverage der Cryptology Asset Group PLC (ISIN: MT0001770107) begonnen. Die Bewertung der führenden europäischen Investmentgesellschaft für Krypto-Assets und Blockchain-Unternehmen erfolgte mittels der Berechnung des Net Asset Value (NAV). Unter Berücksichtigung aller Beteiligungen ergibt sich zum 05. Juli 2021 eine GBC-Fair-NAV-Bewertung in Höhe von 1,04 Mrd. EUR. Daraus ergibt sich ein NAV je Cryptology-Aktie von 358,43 EUR. Daher empfiehlt GBC Research die Cryptology-Aktie zum Kauf und sieht ein Kurspotenzial von über 120 %.

News im Fokus

Vonovia SE: Job mit Zukunft: Rund 200 Auszubildende starten ihre Karriere bei Vonovia (News mit Zusatzmaterial)

30. Juli 2021, 12:28

Aktueller Webcast

Auto1 Group SE

Registrierung zum H1 2021 Trading Update der AUTO1 Group SE am 6. August um 15:30 Uhr MESZ

06. August 2021

Aktuelle Research-Studie

Vectron Systems AG

Original-Research: Vectron Systems AG (von GBC AG): Buy

30. Juli 2021