ZEAL Network SE
ISIN: DE000ZEAL241
WKN: ZEAL24
06 November 2024 07:16AM

EQS-Adhoc: ZEAL Network SE: Capital reduction through cancellation of treasury shares and public share repurchase offer

ZEAL Network SE · ISIN: DE000ZEAL241 · EQS - adhoc news
Country: Germany · Primary market: Germany · EQS NID: 2023249

EQS-Ad-hoc: ZEAL Network SE / Key word(s): Share Buyback/Transaction in Own Shares
ZEAL Network SE: Capital reduction through cancellation of treasury shares and public share repurchase offer

06-Nov-2024 / 07:16 CET/CEST
Disclosure of an inside information acc. to Article 17 MAR of the Regulation (EU) No 596/2014, transmitted by EQS News - a service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.


ZEAL Network SE: Capital reduction through cancellation of treasury shares and public share repurchase offer

NOT FOR PUBLICATION, DISTRIBUTION OR DISSEMINATION, IN WHOLE OR IN PART, DIRECTLY OR INDIRECTLY, IN, WITHIN OR FROM THE UNITED STATES OF AMERICA OR ANY OTHER JURISDICTION WHERE DOING SO WOULD BE IN VIOLATION OF APPLICABLE LAW. FURTHER RESTRICTIONS APPLY. PLEASE SEE THE IMPORTANT NOTICE AT THE END OF THIS ANNOUNCEMENT.

(Hamburg, 6 November 2024) The Management Board of ZEAL Network SE has resolved, with the consent of the Supervisory Board, based on the authorizations granted by the General Meetings of 30 June 2022 and 25 September 2019 on the use of treasury shares, to cancel all 733,851 currently held treasury shares and to reduce the share capital from €22,396,070.00 by €733,851.00 to €21,662,219.00. After the capital reduction takes effect, the number of shares issued will decrease accordingly by 733,851 shares with a pro rata amount of the share capital of €1.00 per share.

The Management Board has furthermore resolved, with the consent of the Supervisory Board, based on the authorization granted by the General Meeting of 30 June 2022, that the Company will make a public repurchase offer to its shareholders for up to 568,181 no-par value registered shares of the Company (ISIN DE000ZEAL241). This corresponds to up to approximately 2.62% of the Company's share capital after implementation of the capital reduction described above. It is intended to cancel the shares acquired through the repurchase offer by reducing the share capital.

The acceptance period for the repurchase offer starts on Monday, 18 November 2024 and ends at midnight (local time Frankfurt am Main, Germany) on Friday, 29 November 2024, subject to extension.

The offer price per share tendered for repurchase is €44.00.

If more than 568,181 shares are tendered for repurchase under the repurchase offer, declarations of acceptance will be considered on a pro rata basis, with acceptances of up to 100 shares being given preferential consideration.

Further details of the repurchase offer are contained in the offer document, which will be published on 18 November 2024 on the Company's website (www.zealnetwork.de) in the section "Investoren / Aktienrückkauf 2024" and in the German Federal Gazette (Bundesanzeiger) (www.bundesanzeiger.de) (German language only). In addition, the Company will publish a non-binding English translation of the offer document on its website (www.zealnetwork.de) in the section "Investors / Repurchase Offer 2024".

IMPORTANT NOTICE

This announcement and any materials published in connection therewith are not for publication, distribution or dissemination, in whole or in part, directly or indirectly, in, within or from the United States of America or any other country where doing so would constitute a violation of the applicable laws of such country. They are not directed to, or intended for publication, distribution or dissemination to or intended for use by such persons who are citizens or residents of the United States of America or of any state, country or other jurisdiction in which the publication, distribution or dissemination or use of the announcement and any related materials would be in violation of applicable law or would require registration or admission of any kind in such jurisdiction. This announcement does not constitute an offer of securities for sale or the solicitation of an offer to purchase securities of the Company in the United States, Germany or any other jurisdiction.

 

Contact:
Frank Hoffmann, CEFA
Investor Relations

ZEAL
Straßenbahnring 11
20251 Hamburg

T +49 (0) 40 809036042
frank.hoffmann@zealnetwork.de


End of Inside Information

06-Nov-2024 CET/CEST The EQS Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases.
Archive at www.eqs-news.com


Language: English
Company: ZEAL Network SE
Straßenbahnring 11
20251 Hamburg
Germany
Phone: +49 (0)40 8090360-42
Fax: +49 (0)40 822239-77
E-mail: frank.hoffmann@zealnetwork.de
Internet: www.zealnetwork.de
ISIN: DE000ZEAL241
WKN: ZEAL24
Listed: Regulated Market in Frankfurt (Prime Standard); Regulated Unofficial Market in Berlin, Dusseldorf, Hamburg, Hanover, Munich, Stuttgart, Tradegate Exchange
EQS News ID: 2023249

 
End of Announcement EQS News Service

2023249  06-Nov-2024 CET/CEST

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Boersengefluester.de (BGFL) provides an overview of the key figures on sales, earnings, cash flow and dividends to help you better assess the fundamental development of the respective companies. All information is entered manually in our database - the source is the respective annual reports. All estimates for future figures are provided by BGFL.

The most important financial data at a glance
  2018 2019 2020 2021 2022 2023 2024e
Sales1 154,75 113,48 87,02 83,33 105,20 116,05 182,00
EBITDA1,2 38,31 17,91 17,33 27,73 31,66 32,91 58,00
EBITDA-Margin3 24,76 15,78 19,92 33,28 30,10 28,36 31,87
EBIT1,4 38,31 9,07 5,38 19,05 22,93 23,65 48,00
EBIT-Margin5 24,76 7,99 6,18 22,86 21,80 20,38 26,37
Net Profit (Loss)1 26,66 1,72 7,89 11,40 16,57 13,72 31,00
Net-Margin6 17,23 1,52 9,07 13,68 15,75 11,82 17,03
Cashflow1,7 38,20 5,30 5,37 26,16 28,49 25,57 0,00
Earnings per share8 3,18 0,09 0,37 0,48 0,72 0,59 1,43
Dividend per share8 1,00 0,80 0,90 2,10 3,60 1,10 1,10
Quelle: boersengefluester.de and Company information
Explanation

1 in Mio. Euro; 2 EBITDA = Earnings before interest, taxes, depreciation and amortisation; 3 EBITDA in relation to sales; 4 EBIT = Earnings before interest and taxes; 5 EBIT in relation to sales; 6 Net profit (-loss) in relation to sales; 7 Cashflow from operations; 8 in Euro; Source: boersengefluester.de

Auditor: Ernst & Young

All relevant valuation ratios, dates and other investor information on your share at a glance. Good to know: All data comes from boersengefluester.de and is updated daily. This means you are always up to date. You can get brief explanations of the key figures by moving the cursor or mouse over the relevant field.

INVESTOR-INFORMATION
©boersengefluester.de
ZEAL Network
WKN ISIN Legal Type Marketcap IPO Recommendation Plus Code
ZEAL24 DE000ZEAL241 SE 1.039,79 Mio € 12.10.2005 Halten 9F5FHXJG+9R
* * *
PE 2025e PE 10Y-Ø BGFL-Ratio Shiller-PE PB PCF KUV
41,38 20,32 2,04 50,21 4,42 40,67 8,96
Dividends
Dividend '2022
in €
Dividend '2023
in €
Dividend '2024e
in €
Div.-Yield '2024e
in %
3,60 1,10 1,10 2,29%
Financial calendar
Annual General Meeting Q1-figures Q2-figures Q3-figures Annual press conference
21.05.2025 07.05.2025 06.08.2025 06.11.2024 26.03.2025
Performance
Distance 60-days-line Distance 200-days-line Performance YtD Performance 52 weeks IPO
Last Price (EoD)
-0,62%
48,00 €
ATH 59,47 €
+16,58% +30,95% +44,14% +54,84% +134,15%

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