EQS-Adhoc

Nakiki SE: Legal Finance finances casino lawsuits

EQS-Ad-hoc: Nakiki SE / Key word(s): Sales Result/Agreement Nakiki SE: Legal Finance finances casino lawsuits 17-Apr-2024 / 06:36 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. Nakiki SE has decided to finance up to 100 lawsuits against online casinos per month through its subsidiary Legal Finance SE in cooperation with consumer protection law firms.

According to German case law, players are entitled to a refund of their gambling losses, as online casinos are largely illegal in Germany until 2021. The German Federal Court of Justice (BGH) confirmed this legal opinion in a ruling on 22 March 2024, stating that the gaming contracts are void under certain conditions. The lawsuits financed by Nakiki and Legal Finance SE relate to this legal opinion.

NAKIKI SE, in future Legal Finance Holding SE
Johnsallee 30
20148 Hamburg
Germany
Internet: https://nakikifinance.com/
E-mail: [e-mail]
Commercial Register: AG Munich HRB 228000

WKN: WNDL30
ISIN: DE000WNDL300

End of Inside Information

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

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Language:	English
Company:	Nakiki SE
	Johnsallee 30
	20148 Hamburg
	Germany
E-mail:	[e-mail]
Internet:	https://nakikifinance.com/
ISIN:	DE000WNDL300, DE000WNDL318
WKN:	WNDL30, WNDL31
Listed:	Regulated Market in Frankfurt (General Standard); Regulated Unofficial Market in Berlin, Dusseldorf, Hamburg, Hanover, Munich, Stuttgart, Tradegate Exchange
EQS News ID:	1882047

End of Announcement	EQS News Service

1882047  17-Apr-2024 CET/CEST