Put companies on watchlist
ZEAL Network SE
ISIN: DE000ZEAL241
WKN: ZEAL24
About
Company Snapshot
New: Enable Investor Alerts
Be informed about new publications
New: AI Factsheet

Corporate News meets AI! 
Content analysis and summary

EN GIF 300X250

ZEAL Network SE · ISIN: DE000ZEAL241 · EQS - Company News (107 News)
Country: Germany · Primary market: Germany · EQS NID: 1912865
28 May 2024 02:38PM

ZEAL Network SE increases basic dividend and confirms targets


EQS-News: ZEAL Network SE / Key word(s): AGM/EGM
ZEAL Network SE increases basic dividend and confirms targets

28.05.2024 / 14:38 CET/CEST
The issuer is solely responsible for the content of this announcement.


ZEAL Network SE increases basic dividend and confirms targets

  • Annual General Meeting well attended in anniversary year
  • Basic dividend increases from € 1.00 to € 1.10 per share
  • 25 years of online lottery: pioneer ZEAL aims to increase market share to 50 percent

Hamburg, 28 May 2024. The Annual General Meeting of ZEAL Network SE, the leading German online provider of lottery products, was met with great interest in the year of the company's 25th anniversary. Attendance was around 72 percent of the voting capital.

"This year's shareholder meeting was something special for us – together we are not only celebrating ZEAL's 25th anniversary, but also 25 years of online lottery in Germany," says Helmut Becker, CEO of ZEAL. "With the successful launch of the online games offering, the further increase in brand awareness of LOTTO24 and the further strengthening of customer loyalty, ZEAL has laid important foundations for future growth in 2023." Following the successful start to the new financial year, Becker confirmed the targets for the current year and the long-term ambition of achieving a market share of 50 percent.

All resolutions proposed by the management were adopted by a large majority. The shareholders approved the payment of a dividend of € 1.10 per share. This is 10% more than the basic dividend paid in the previous year. The total dividend payout therefore amounted to € 23.8 million, compared to € 78 million in the previous year (consisting of a basic dividend of € 21.7 million and a special dividend of € 56.3 million).

"We look forward to continuing ZEAL's success story together with our shareholders. We have already set the strategic course for this with the continuous expansion of our business model," says CEO Helmut Becker.

The complete voting results and all important documents relating to the Annual General Meeting are available under this link.

 

About ZEAL
ZEAL Network is an e-commerce group of companies based in Hamburg and the market leader for online lotteries in Germany. Founded in 1999, we brought lotteries to the internet. Today, the ZEAL group now has around one million active customers and more than 200 employees at three locations. ZEAL allows the participation in state-licensed lotteries via the LOTTO24 and Tipp24 brands and also offers its own lottery products. ZEAL also owns the brands ZEAL Instant Games, ZEAL Ventures and ZEAL Iberia. In 2024, the ZEAL Group celebrates its 25th anniversary. Since our foundation, growth, innovation and success are at the heart of what we do.

 

Press Contact:  
ZEAL Network SE  
Kristin Splieth  
Head of Corporate Communications 
Kristin.splieth@zealnetwork.de  
Tel: +49 (0) 40 808117560 

 

 



28.05.2024 CET/CEST Dissemination of a Corporate News, transmitted by EQS News - a service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.

The EQS Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases.
Archive at www.eqs-news.com


Language: English
Company: ZEAL Network SE
Straßenbahnring 11
20251 Hamburg
Germany
Phone: +49 (0)40 8090360-42
Fax: +49 (0)40 822239-77
E-mail: frank.hoffmann@zealnetwork.de
Internet: www.zealnetwork.de
ISIN: DE000ZEAL241
WKN: ZEAL24
Listed: Regulated Market in Frankfurt (Prime Standard); Regulated Unofficial Market in Berlin, Dusseldorf, Hamburg, Hanover, Munich, Stuttgart, Tradegate Exchange
EQS News ID: 1912865

 
End of News EQS News Service

1912865  28.05.2024 CET/CEST

fncls.ssp?fn=show_t_gif&application_id=1912865&application_name=news&site_id=boersengefluester~~~ace3d64b-2049-452a-8d18-fbc8044c4b5f
Visual performance / price development - ZEAL Network SE
Smart analysis and research tools can be found here.

This publication was provided by our content partner EQS3.

EQS Newswire
via EQS - Newsfeed
EQS Group AG ©2024
(DGAP)
Contact:
Karlstraße 47 D-80333 München
+49 (0) 89 444 430-000

 

SMART * AD
EN GIF 970X250

P R O D U C T   S U G G E S T I O N S

The information presented here has been provided by our content partner EQS-Group. The originator of the news is the respective issuer, the company relating to the news, a publication service provider (press or information agency) which uses the distribution service of EQS to transmit company news to shareholders, investors, investors or interested parties. The original publications and other company-relevant information can be found at eqs-news.com.


The information you can access does not constitute investment advice. The presentation of our cooperation partners, where the implementation of investment decisions would be possible depending on the individual risk profile, is solely at the discretion of the person using the service. We only present companies of which we are convinced that the range of services and customer service will satisfy discerning investors.

If you are considering leverage products, familiarise yourself with the typical characteristics of the financial instruments beforehand. Take the time to determine the risk content of the planned investment before making an investment decision. Bear in mind that a total loss cannot be ruled out with leverage products.

For newcomers to the subject, we offer various options in both the training and the tools section, through which you can train theoretical knowledge and practical experience and thus improve your skills. The offer ranges from participation in webinars to personal mentoring. The range is continuously being expanded.


1 Lab features are usually functionalities that emerge from the think tank of the investor community. In the early stages, these are experimental functionalities whose development process is largely determined by use and the resulting feedback from the community. When integrating external services or functionalities, the functionality can only be guaranteed to the extent that the individual process elements, such as interfaces, interact with each other.