ZEAL Network SE Presents Results of the 2022 Annual General Meeting
- Major support for all items on the agenda
- A dividend distribution of EUR 47 million for the 2021 financial year resolved
Hamburg, Germany (July 1, 2022) — ZEAL Network SE, the leading German online provider of lottery products, held its Annual General Meeting in Hamburg again yesterday as a virtual event.
With around 78 percent of the voting capital present – including postal votes cast – the resolutions proposed by the management for all agenda items were accepted with a large majority. In addition to the usual items such as the discharge of the Management Board and the Supervisory Board and the appointment of the auditor, the resolution on the appropriation of the balance sheet profit was on the agenda. Due to the positive liquidity situation of the ZEAL Group and the expected further increase in profitability, the Management Board and Supervisory Board proposed a total distribution of EUR 47 million at yesterday’s Annual General Meeting. This corresponds to a basic dividend for the 2021 financial year of one euro per share and a special dividend of 1.10 euros per share. In 2020, this value was 0.90 euros.
ZEAL continues to grow
In addition to the approval of the remuneration report and the elections to the Supervisory Board, the resolution to authorize the purchase and use of treasury shares was also passed with a large majority.
“We are more than satisfied with the result of our ordinary general meeting because all re-elected shareholder representatives are very familiar with ZEAL,” says Helmut Becker, CEO of ZEAL. “This enables us to seamlessly continue the very constructive cooperation of the last few years.”
About ZEAL Network SE:
ZEAL Network SE is the leading German provider of lotteries on the Internet. Via the portals LOTTO24 and Tipp24With its subsidiary LOTTO24, the company brokers customers’ lottery tickets to the state lottery companies and organizers of social lotteries. The offer includes LOTTO 6aus49, Spiel 77, Super 6, Eurojackpot, GlücksSpirale, syndicates, keno, the German TV lottery, the German dream house lottery and freiheit+. Founded in Germany in 1999, ZEAL started out as a German lottery agent under the name Tipp24. In 2005, the company went public on the Frankfurt Stock Exchange (Prime Standard) as one of the most successful IPOs in Germany at the time. In 2019, ZEAL took over LOTTO24 AG.
ZEAL Network SE
Head of Corporate Communications
T: +49 (0)40 808117560
SOURCE: ZEAL Network SE.Tags: ZEAL Network SE, Annual General Meeting