Shareholders adopt all resolutions with large majorities
(Hamburg, 21 May 2014) Lotto24 AG successfully held its second Annual General Meeting as a listed company today. Attended by around 50 percent of voting capital, all items on the agenda were adopted with large majorities. In addition to the usual items, such as approving the actions of the Executive Board and Supervisory Board and appointing auditors, the agenda also included the creation of new authorised capital.
The Executive Board expressed its satisfaction with the fiscal year 2013 and the first quarter of 2014: ‘From a standing start, we succeeded in establishing ourselves as the market leader among Germany’s online lottery brokers,’ says Petra von Strombeck, CEO of Lotto24, and adds: ‘Of particular importance to us, however, is that our business model works and our expectations regarding customer behaviour and our most important KPIs have been met. With 314 thousand customers at present, we have established a significant lead over other private providers which we aim to secure and expand. We are delighted with the strong approval given by our shareholders and regard it as confirmation of our course so far.’
