Tipp24 participation expands jackpot insurance cover

Tipp24 SE  / Key word(s): Miscellaneous

09.09.2011 18:23

Dissemination of an Ad hoc announcement according to § 15 WpHG, transmitted by DGAP - a company of EquityStory AG.
The issuer is solely responsible for the content of this announcement.

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MyLotto24 Ltd, a fully consolidated minority participation of Tipp24 SE, has procured additional insurance against jackpot winnings that significantly exceeds its existing protection. The additional coverage amounts to EUR 70.5 million in total over a period of three years, with a maximum annual cover of EUR 45.5 million. The insurance covers payments to winners of jackpot prizes in the 'Lotto 6/49' and 'Euromillones' secondary lotteries operated by MyLotto24 Ltd in excess of a EUR 22.5 million annual deductible.


09.09.2011 DGAP's Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases.
Media archive at www.dgap-medientreff.de and www.dgap.de

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Language:     English
Company:      Tipp24 SE
              Straßenbahnring 11
              20251 Hamburg
              Germany
Phone:        +49 (0)40 325533-0
Fax:          +49 (0)40 325533-77
E-mail:       office@tipp24.de
Internet:     www.tipp24-se.de
ISIN:         DE0007847147
WKN:          784714
Indices:      SDAX
Listed: Regulierter Markt in Frankfurt (Prime Standard); Freiverkehr in Berlin, Düsseldorf, Hamburg, München, Stuttgart  
End of Announcement DGAP News-Service  

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