- WKN: LTT024
- ISIN: DE000LTT0243
- Land: Deutschland
Nachricht vom 07.06.2019 | 09:46
LOTTO24 AG: Executive Board member Magnus von Zitzewitz to leave Lotto24 on 30 June 2019
DGAP-News: LOTTO24 AG / Key word(s): Personnel
Executive Board member Magnus von Zitzewitz to leave Lotto24 on 30 June 2019
(Hamburg, 7 June 2019) Magnus von Zitzewitz, Executive Board member of Lotto24 AG (Lotto24.de), Germany's leading online provider of state lotteries, is to leave the company by mutual agreement and on amicable terms as of 30 June 2019. It was with regret that the Supervisory Board, which was newly constituted after the Annual General Meeting of 4 June 2019, complied with his request to prematurely terminate the current appointment, which runs until 30 April 2020. After seven years as a member of the company's Executive Board, Magnus von Zitzewitz expressed the wish to pursue a new career challenge. He will therefore also not be joining the Executive Board of ZEAL Network SE ("ZEAL"), as originally planned. Following the completion of its takeover in May 2019, ZEAL is the majority shareholder of Lotto24 AG.
Together with CEO Petra von Strombeck, Magnus von Zitzewitz took Lotto24 AG public in 2012 as an independent company without ongoing business following its spin-off from Tipp24 SE (now ZEAL). The company has since enjoyed dynamic growth: in its fiscal year 2018, Lotto24 generated billings of over EUR 320 million with around 2.2 million customers. Since its IPO, the company's market capitalisation has increased more than tenfold to around EUR 330 million.
"The Supervisory Board would like to thank Mr von Zitzewitz for his highly successful work in helping establish and expand Lotto24 AG to become Germany's undisputed market leader in online lottery brokerage," says Peter Steiner, Chairman of the Supervisory Board of Lotto24 AG. "The Executive Board and Supervisory Board wish him every success and all the best for both his personal and professional future."
In addition to his current duties, the CFO of ZEAL, Jonas Mattsson, will succeed Magnus von Zitzewitz as member of the Executive Board of Lotto24 on 1 July 2019, serving as CFO.
About Lotto24 AG: Lotto24 AG is Germany's leading online provider of state-licensed lotteries (Lotto24.de). Lotto24 brokers customers' tickets to the state lottery companies and the »Deutsche Fernsehlotterie«, for which it receives a commission. The offerings include among others »Lotto 6aus49«, »Spiel 77«, »Super 6«, »EuroJackpot«, »GlücksSpirale«, lotto clubs, »Keno« and the »Deutsche Fernsehlotterie«. After its foundation in 2010 and IPO in 2012 on the Frankfurt Stock Exchange (Prime Standard), Lotto24 is now the market leader. In 2019, ZEAL Network SE acquired a majority shareholding in Lotto24, which now belongs to the ZEAL Group. As a fast-growing company with a strong service and customer orientation, Lotto24 aims to provide its customers online as well as mobile with the most convenient, secure and modern game experience possible.
|Phone:||+49 (0)40 8 222 39 0|
|Fax:||+49 (0)40 8 222 39 70|
|Listed:||Regulated Market in Frankfurt (Prime Standard); Regulated Unofficial Market in Berlin, Dusseldorf, Hamburg, Munich, Stuttgart, Tradegate Exchange|
|EQS News ID:||821279|
|End of News||DGAP News Service|
LOTTO24 AG: Supervisory Board appoints Carsten ...
LOTTO24 AG: Application to change from Prime S ...
LOTTO24 AG: Lotto24 with good third quarter 2019
LOTTO24 AG: Invitation to the joint conference ...
LOTTO24 AG: Preliminary announcement of the pu ...
Media and Games Invest wächst dynamisch und profitabel
Innerhalb des Konzerns Media and Games Invest sind der wachstumsstarke Game-Publisher gamigo AG sowie Unternehmen aus dem dynamischen Bereich „Digital Media“ gebündelt. Der Wachstumskurs der Gesellschaft soll sowohl auf Basis eines anhaltenden anorganischen Wachstums sowie durch den Ausbau des bestehenden Geschäftes fortgesetzt werden. Im Rahmen unserer Initial-Coverage-Studie haben wir ein Kursziel von 1,90 € je Aktie ermittelt und vergeben das Rating KAUFEN..
Der AKTIONÄR News
09. Dezember 12:03 Dividenden-Garant Roche: Übernahme – das ist der nächste Termin
09. Dezember 09:45 Woche der Wahrheit: DAX vor großer Belastungsprobe
09. Dezember 09:36 Borussia Dortmund spielt wieder oben mit – folgt die Aktie?
09. Dezember 09:30 Wirecard: Die Financial Times stichelt weiter – was macht die Aktie?
09. Dezember 09:25 So sehen Sieger aus
Third Quarter Fiscal Year 2020 Results
04. Dezember 2019
Original-Research: Agrios Global Holdings Ltd. (von GBC AG): BUY Agrios Global Holdings Ltd.
09. Dezember 2019