The Company has received a form TR-1 on 21 December 2016 from Farringdon Capital Management.

TR-1 notification of major interest in shares

1. Identity of the issuer or the underlying issuer of existing shares to which voting rights are attached:

ZEAL Network SE

2. Reason for the notification:

An acquisition or disposal of voting rights

3. Full name of person(s) subject to the notification obligation:

Farringdon Capital Management

4. Full name of shareholder(s) (if different from 3.):

Bram Cornelisse (100% owner of Farringdon Capital Management)

5. Date of the transaction and date on which the threshold is crossed or reached:

20/12/2016

6. Date on which issuer notified:

21/12/2016

7. Threshold(s) that is/are crossed or reached:

6%

8. Notified details:

A: Voting rights attached to shares

Class/type of shares:
GB00BHD66J44

Situation previous to the triggering transaction
Number of Shares: 615,774
Number of Voting Rights: 615,774

Resulting situation after the triggering transaction
Number of shares (Direct):
Number of voting rights (Direct):
Number of voting rights (Indirect): 495,213
% of voting rights (Direct):
% of voting rights (Indirect): 5.91%

B: Qualifying Financial Instruments

N/A

C: Financial Instruments with similar economic effect to Qualifying Financial Instruments

N/A

Total (A+B+C)
Number of voting rights: 495,213
Percentage of voting rights: 5.91%

9. Chain of controlled undertakings through which the voting rights and/or the financial instruments are effectively held:

Shares are held via (1) Farringdon I - SICAV, (2) Farringdon II SICAV and (3) Blackwell Partners Series A. Farringdon Capital Management is the delegated investment advisor controlled 100% by Bram Cornelisse that can exercise the voting rights of the above three vehicles.

Proxy Voting:

10. Name of the proxy holder:

11. Number of voting rights proxy holder will cease to hold:

12. Date on which proxy holder will cease to hold voting rights: