Tipp24 SE  / Key word(s): AGM/EGM/Strategic Company Decision

19.04.2013 15:17

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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Tipp24 SE has initiated the implementation of the transfer of its
registered office to the UK. The Executive Board and Supervisory Board
decided today to present a proposal on the relocation for shareholders of
Tipp24 SE to vote on at the Annual General Meeting 2013. The invitation to
the Annual General Meeting on 28 June 2013 is to be published in May. The
transfer of the company's registered office first announced on 20 March
2013 is a logical consequence of the strategic realignment of Tipp24 SE.
The company will focus in future on its international business, mainly in
the UK and North America, which it plans to develop from its future base in
the UK.

The proposed vote on the transfer of the registered office is based on a
Transfer Proposal prepared by the Executive Board in accordance with Art. 8
(2) of the SE Regulation, including the company's future Statutes, filed
with the Commercial Register for disclosure. According to the Transfer
Proposal, the company's new registered office will be in London. Tipp24 SE
intends to maintain its legal form as an SE after the relocation and retain
its listing in the Prime Standard segment of the Frankfurt Stock Exchange.
The company's Executive Board and Supervisory Board are to maintain their
functions, whereby the Executive Board will work primarily in the UK in
future. The current holding company functions in Germany are to be
gradually relocated to the UK over a longer period and in a socially
responsible manner.

Tipp24 SE is obliged to offer any shareholders objecting to the relocation
decision at the Annual General Meeting the purchase of their shares for
reasonable cash compensation. This cash compensation will be EUR 43.34 per
share. The respective shareholders would have a claim to the payment of
cash compensation on completion of the relocation, expected in autumn 2013.

The Transfer Proposal and Statutes, together with a German translation of
the Statutes, will be published on the corporate website of Tipp24 SE
(www.tipp24-se.de) as well as in the Federal Gazette. Together with the
invitation to the Annual General Meeting, the company will also publish a
Transfer Report explaining and justifying the legal and economic aspects of
the transfer and explaining the implications of the transfer for
shareholders, creditors and employees.

Contact:
Tipp24 SE
Frank Hoffmann 
Investor Relations
Phone: +49 40 32 55 33-142
E-mail: frank.hoffmann@tipp24.de
Internet: www.tipp24-se.de


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Language:     English
Company:      Tipp24 SE
              Straßenbahnring 11
              20251 Hamburg
              Germany
Phone:        Tel.: +49 (0)40 325533-142
Fax:          +49 (0)40 325533-5600
E-mail:       ir@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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