Betbull Holding SE: EGM of Betbull Holding SE Approves of Relocation to Vienna, Austria

The shareholders of Betbull Holding SE have approved the relocation of the company from London, UK, to Vienna, Austria at the EGM of the company held on 20 January 2009.

The relocation is intended to be implemented by the administrative organ of the company subject to consent of HMRC in the UK being obtained to the transfer of the tax residency of the company to Austria. A further announcement will be made once this consent has been obtained and the documentation to effect the relocation has been lodged with Companies House in the UK.

Upon the relocation becoming effective the non‐executive UK members of the administrative organ, Simon Fielder and David Morgan, will cease to be members of the administrative organ. Simon Bold, Alexander Leip and David De Marco will also step down from the administrative organ on the relocation becoming effective. Simon Bold and Alexander Leip will become members of the company’s executive board and David De Marco will become secretary of the administrative organ.

Following the relocation the administrative organ will comprise Günter Schmid, Norbert Teufelberger and Nicolas Mathys who has agreed to join as a member.

Günter Schmid, administrative director of Betbull: 'On behalf of the administrative organ and on my own behalf I thank Simon Fielder and David Morgan for their contributions and commitment to the company. We look forward to welcoming Nicolas Mathys as a member of the administrative organ following the completion of the relocation process and are looking forward to a productive term of service.'