DGAP-News: mybet Holding SE: With the successful sale of

DGAP-News: mybet Holding SE / Key word(s): Disposal mybet Holding SE: With the successful sale of the Spanish business, mybet is continuing to press ahead with restructuring 12.08.2014 / 15:22 --------------------------------------------------------------------- Kiel, August 12, 2014 - As planned, mybet Holding SE (Deutsche Börse Prime Standard; ISIN DE000A0JRU67) has divested itself of its shares of the Spanish companies Digital Distribution Management S.L. (DIGIDIS S.L.) and Digital Distribution Management Iberica S.A. (DIGIDIS S.A.). Through the successful sales, mybet has eliminated potential risks and thus is ensuring greater stability within the group. Already at the beginning of 2014, the new Management Board of mybet Holding SE, Sven Ivo Brinck, decided in the framework of the realignment of mybet not to continue the business of the DIGIDIS companies. The negative outlook for future profitability of the Spanish companies, among other things, was critical for this decision. Sven Ivo Brinck: "In order to make mybet competitive for the long haul, we implemented numerous measures in recent months for optimising its structure and increasing efficiency. In this context we also decided to sell the unprofitable Spanish business. As a result, we not only freed ourselves of legal and economic factors of uncertainty but also at the same time are creating available resources that we can use efficiently in other places of the group." The contract for the sale of DIGIDIS S.L. became effective with its notarial documentation on July 23, 2014, and the contract for the sale of DIGIDIS S.A. likewise became effective on August 8, 2014. The payments to mybet for the sale price of EUR 250 thousand for DIGIDIS S.L. and of EUR 25 thousand for DIGIDIS S.A. were made by the purchasers in July 2014. DIGIDIS S.L. was formally deconsolidated pursuant to IFRS already on November 30, 2013, since at that time mybet Holding SE no longer controlled its corporate body. Since its time of acquisition, DIGIDIS S.A. had been carried at equity. The valuation of the investment, however, was completely adjusted at year end. To this extent, the sales proceeds that have now been realised lead to a positive one-time non-recurring effect in the amount of EUR 249 thousand. Contact: mybet Holding SE Investor Relations & Corporate Communications Yulia Link Tel. +49 (40) 85 37 88 47 Fax +49 (40) 85 37 88 30 Mail yulia.link@mybet.com --------------------------------------------------------------------- 12.08.2014 Dissemination of a Corporate News, transmitted by DGAP - a service of EQS Group AG. The issuer is solely responsible for the content of this announcement. The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases. Media archive at www.dgap-medientreff.de and www.dgap.de --------------------------------------------------------------------- Language: English Company: mybet Holding SE Jägersberg 23 24103 Kiel Germany Phone: +49 40 85 37 88-0 Fax: +49 40 85 37 88-30 E-mail: ir@mybet.com Internet: www.mybet-se.com ISIN: DE000A0JRU67 WKN: A0JRU6 Listed: Regulierter Markt in Frankfurt (Prime Standard); Freiverkehr in Berlin, Düsseldorf, Hamburg, München, Stuttgart End of News DGAP News-Service --------------------------------------------------------------------- 281947 12.08.2014