Tipp24 participation obtained a new jackpot insurance

Tipp24 SE  / Key word(s): Miscellaneous

24.09.2010 18:24

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 insured jackpot winnings with a renowned insurance syndicate in the amount of currently EUR 10 million per draw and EUR 20 million in total for the one-year term of the insurance policy (insurance year). The insurance covers the payment of an amount exceeding EUR 10 million (deductible) to winners of a jackpot prize in the secondary lottery '6 of 49' operated by MyLotto24 Ltd. MyLotto24 Ltd. intends to expand the coverage in the short to medium term to approximately EUR 20 million per draw and EUR 40 million per insurance year.


24.09.2010 DGAP's Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases.
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Language:     English
Company:      Tipp24 SE
              Straßenbahnring 11
              20251 Hamburg
              Deutschland
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 Hamburg, München, Berlin, Düsseldorf, Stuttgart  
End of Announcement DGAP News-Service  

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