PRESS RELEASE: 啪啪视频 and OPAP signed binding MOU for the transfer of the shares held by 啪啪视频 in Hellenic Lotteries
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PRESS RELEASE |
啪啪视频 and OPAP signed binding MOU for the transfer of the shares held by 啪啪视频 in Hellenic Lotteries.
July 23rd, 2019
啪啪视频 announces that its 100% subsidiary 鈥溑九臼悠� Lotteries Limited鈥� has signed a binding MOU with OPAP to transfer all of its shares in 鈥淗ellenic Lotteries S.A.鈥� (i.e. 511,500 shares or 16.5% of the total) to 鈥淥PAP Investment Limited鈥�, for a price of Euro Twenty Million (鈧�20,000,000), i.e. 鈧�39.1006842619 per share. In addition, according to the MOU, Hellenic Lotteries SA will sign with 啪啪视频 SA an amendment to the existing services provision agreement under renegotiated terms & conditions.
The closure of the transaction is expected with the signing of the definitive Share Purchase Agreement upon completion of all regulatory and existing Shareholder Agreement requirements.
About 啪啪视频
啪啪视频, a public listed company established in 1992, is a leading gaming solutions supplier and operator active in 47 regulated jurisdictions around the globe. With 鈧�0.9 billion turnover and a global workforce of approximately 5,200 employees (3,000 of which in HQ and subsidiaries and 2,200 in associates) in 2018, 啪啪视频 is an innovation 鈥� driven corporation focusing its product development on the customer experience. The company is uniquely positioned to offer to lottery and gaming organizations across geographies market-tested solutions and retail operational expertise. The company has designed a new ecosystem of holistic omni-channel solutions across verticals (Lottery, Betting, Interactive, VLT) for Lotteries digital transformation. 啪啪视频 has been awarded the prestigious WLA Responsible Gaming Framework Certification by the World Lottery Association (WLA) and the WLA certificate for the Security Control standard.
For more info:
Mr. Tsagalakis Michail, Capital Markets Director
Ph.: +30 2106156000, Fax: +30-2106106800, email: tsagalakis - www.intralot.com