\nEQS-Ad-hoc: ZEAL Network SE \/ Key word(s): Mergers and Acquisitions \/ Purchase of parts of a company
ZEAL Network SE to acquire SevenCanyon and enter the United Kingdom market <\/p>\n
09-Jul-2026 \/ 01:18 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.
The issuer is solely responsible for the content of this announcement.<\/p>\n
ZEAL\u00a0Network\u00a0SE to acquire\u00a0SevenCanyon\u00a0and enter the United Kingdom market\u00a0<\/p>\n
Hamburg,\u00a09\u00a0July\u00a02026: ZEAL Network SE\u00a0has\u00a0signed a share purchase agreement to acquire the remaining 96.5 percent of the shares in\u00a0SevenCanyon\u00a0Limited (\u201cSevenCanyon\u201d), in which ZEAL already holds a 3.5 percent stake. Completion is to take place upon payment of the purchase price,\u00a0whereupon\u00a0the agreement will take legal effect.\u00a0<\/p>\n
SevenCanyon is an established\u00a0operator\u00a0in the United Kingdom prize draw market. Upon completion of the transaction, ZEAL will gain direct access to this market and thereby expand its geographic presence.\u00a0<\/p>\n
The purchase price for the 96.5 percent of the shares comprises a cash payment of approximately GBP 33.8 million (subject to post-completion adjustments, including an adjustment for vehicle inventory in the single-digit millions of GBP range), and further payments of up to approximately GBP 4.8 million over a period of six months, contingent upon the achievement of defined financial targets.\u00a0<\/p>\n
The Management Board expects\u00a0SevenCanyon\u00a0to make a meaningful contribution to ZEAL\u2019s revenue and EBITDA following consolidation. ZEAL will assess the necessary adjustments\u00a0to its revenue guidance after the IFRS presentation of\u00a0SevenCanyon\u2019s\u00a0revenue streams has been\u00a0finalised.\u00a0<\/p>\n
On EBITDA,\u00a0ZEAL\u00a0confirms\u00a0the corridor of EUR 70\u201375 million under the assumption of a normal jackpot environment in Germany.\u00a0The updated forecast reflects anticipated non-recurring expenses in the mid-single-digit millions of euros in connection with the transaction.\u00a0<\/p>\n
For the first full financial year following completion of the transaction, ZEAL expects it to have a positive impact on EBITDA in the\u00a0high-single-digit millions of euros.\u00a0<\/p>\n
EBITDA refers to earnings before depreciation,\u00a0amortisation, financial\u00a0result, share of\u00a0result\u00a0from associates, and taxes, and represents ZEAL’s earnings from operating activities.<\/p>\n
Contact:
ZEAL Network SE<\/p>\n
Frank Hoffmann, CEFA
Investor Relations<\/p>\n
Stra\u00dfenbahnring 11
20251 Hamburg<\/p>\n
T +49 (0) 40 809036042
frank.hoffmann@zealnetwork.de<\/p>\n
\n09-Jul-2026 CET\/CEST The EQS Distribution Services include Regulatory Announcements, Financial\/Corporate News and Press Releases.
View original content: EQS News<\/p>\n","protected":false},"excerpt":{"rendered":"EQS-Ad-hoc: ZEAL Network SE \/ Key word(s): Mergers and Acquisitions \/ Purchase of parts of a companyZEAL Network…\n","protected":false},"author":2,"featured_media":30717,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[3],"tags":[59,57,58,467,50,56,54,55],"class_list":["post-681412","post","type-post","status-publish","format-standard","has-post-thumbnail","category-united-kingdom","tag-gb","tag-great-britain","tag-greatbritain","tag-markets","tag-news","tag-uk","tag-united-kingdom","tag-unitedkingdom"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/posts\/681412","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/comments?post=681412"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/posts\/681412\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/media\/30717"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/media?parent=681412"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/categories?post=681412"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/tags?post=681412"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}