OPAP SA notifies the public, in accordance with the provisions of Law 3556/2007 and after relevant information received from the VALEA FOUNDATION on January 6, 2022, the following:
According to the previous announcement of significant participations of VALEA FOUNDATION dated March 30, 2021, VALEA FOUNDATION on that date indirectly held 44.11% of the shares and voting rights to the Issuer through SAZKA Group as and SAZKA Delta Hellenic Holdings Limited (formerly Emma Delta Hellenic Holdings Limited).
From 12 April 2021 until the date on which the percentage reached or exceeded the critical limit (16 December 2021), VALEA FOUNDATION increased its indirect participation in the Issuer through:
1. the participation of SAZKA Group as and SAZKA Delta Hellenic Holdings Limited in the increase of the share capital of the Issuer due to the reinvestment of the dividend for the year 2020 in accordance with the decisions of the Board of Directors of 17 June 2021 and 30 July 2021 ( the “Dividend Reinvestment Program for the Fiscal Year 2020”). As a result of its participation in the Dividend Reinvestment Program 2020, SAZKA Group as increased its direct participation in the total share capital and voting rights of the Issuer by approximately 0.22% and SAZKA Delta Hellenic Holdings Limited increased its direct participation in the total shareholding. capital and voting rights to the Issuer by approximately 0.59%,
2. the participation of SAZKA Group as and SAZKA Delta Hellenic Holdings Limited in the increase of the share capital of the Issuer due to the reinvestment of the temporary dividend for the year 2021 in accordance with the decisions of the Board of the Issuer of 7 September 2021 and 8 November 2021 (the “Temporary Dividend Reinvestment Program 2021”). As a result of its participation in the Temporary Dividend Reinvestment Program 2021, SAZKA Group as increased its direct participation in the total share capital and voting rights of the Issuer by approximately 0.03% and SAZKA Delta Hellenic Holdings Limited increased its direct participation in total share capital and voting rights in the Issuer by approximately 0.08%, and
3. the acquisition by SAZKA Group as a total of 7,230,500 shares of the Issuer in the market, which correspond to approximately 2.10% of the total paid-up share capital to the Issuer.
The acquisition of shares in the market by SAZKA Group as resulted in the VALEA FOUNDATION exceeding the limit of 3% provided in article 9, paragraph 4, of Law 3556/2007, on 16 December 2021.
Following the above, as well as the agreement for the transfer of shares from SAZKA Delta Hellenic Holdings Limited to SAZKA Group as concluded on August 6, 2021 and announced to the public on August 12, 2021, which did not result in any change in the total number of shares and voting rights controlled by VALEA [Public] FOUNDATION, the chain of companies through which VALEA FOUNDATION exercises indirect control of voting rights to the Issuer on December 16, 2021 is the following:
VALEA FOUNDATION has no shareholders and is not controlled by any person; the Board of Directors of VALEA FOUNDATION decides at its discretion, without receiving instructions from its sole proprietor or any other person, in the exercise of VALEA voting rights. FOUNDATION to the entities controlled by it. Mr. Karel Komárek is the exclusive financial beneficiary of VALEA FOUNDATION, but does not exercise control over VALEA FOUNDATION within the meaning of Law 3556/2007. VALEA FOUNDATION is the sole shareholder of Valea Holding AG. Valea Holding AG is the sole shareholder of KKCG Holding AG. KKCG Holding AG is the sole shareholder of KKCG AG. KKCG AG directly owns all the common shares through which it exercises sole control over SAZKA Entertainment AG. SAZKA Entertainment AG is the sole shareholder of SAZKA Group as SAZKA Group as directly holds 14.15% of the shares and voting rights in the Issuer.
Furthermore, SAZKA Group as holds 66.7% of the shares and voting rights of Sazka Delta Management Ltd., while the remaining 33.3% of the shares and voting rights are indirectly owned by Mr. Georgios Melissanidis through the entity Georgiella Holdings Co. Limited. VALEA FOUNDATION exercises sole control over Sazka Delta Management Ltd. through SAZKA Group as, on the basis of the participation of SAZKA Group as in Sazka Delta Management Ltd. and the Sazka Delta Shareholder Agreement. Sazka Delta Management Ltd. is the only voting entity in Sazka Delta AIF Variable Capital Investment Company Ltd. (formerly Emma Delta Variable Capital Investment Company Ltd.), which is the sole shareholder of SAZKA Delta Hellenic Holdings Limited (formerly Emma Delta Hellenic Holdings Limited). SAZKA Delta Hellenic Holdings Limited holds 32.98% of the shares and voting rights in the Issuer.
The direct shareholders of the Issuer are SAZKA Group as with a percentage of 14.15% and Emma Delta Hellenic Holdings Ltd. with a percentage of 32.98%. Therefore, under the coordination between all the entities listed in the table below, all of these entities indirectly control a total of 47.13% of the total share capital and voting rights of the Issuer, as follows:
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Source From: Capital
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