By Matina Harkoftakis Intralot continues on the road to total recovery, which after the completion of the share capital increase of 129 million euros, the entry of the American fund Standard General as a strategic investor and the repurchase of 34.2% of the American subsidiary Intralot Inc , which was exchanged in the framework of […]
Tag: intralot
S. Kokkalis: High goals for Intralot, with the entry of the American subsidiary to the stock market
By Matina Harkoftakis The management of Intralot is in consultation with the Capital Market Commission, in an effort to get the stock out of the surveillance regime sooner than what the procedure provides, while at the same time, as underlined by the president and managing director of the listed company Sokratis Kokkalis in the context […]
Intralot: Sokratis Kokkalis increased his stake to 32.424%
The percentage of total voting rights held by Sokratis Kokkalis in Intralot rose to 32.424% from 28.023%, after the acquisition of 78,776,368 shares of the listed company, on 08/01/2022, from AlphaChoice Services Limited which is controlled by K- Systems, whose sole shareholder is S. Kokkalis. In particular, the listed company announced that: On 01/08/2022, “ALPHACHOICE […]
Intralot: CQ Holding Company with 32.9% of the voting rights
A total of 122,182,840 common registered shares of Intralot and the corresponding voting rights, representing 32.90% of the total voting rights of the company, were acquired by the company under the name CQ Holding Company, Inc. through its participation in the increase of the company’s share capital, as announced today by the listed company. Based […]
Intralot: At 111.4 million euros the share capital after AMK
Intralot’s share capital now amounts to €111.4 million, divided into 371,337,000 common, registered, immaterial, voting shares, with a nominal value of €0.30 each. Specifically, as the company states in its announcement: “The company INTRALOT S.A. – INTEGRATED INFORMATION SYSTEMS AND GAMING SERVICES” informs, in accordance with par. 5 of article 9 of Law 3556/2007, as […]
Intralot: Three-year $230 million bond refinancing loan
Intralot announces that its US subsidiary Intralot, Inc. signed on July 28, 2022 a Loan Agreement with KeyBank National Association Inc. as Manager Bank and with a Consortium of US Banks for a three-year Term Loan of $230,000,000 and a Revolving Credit Facility of $50,000,000 with an interest rate of SOFR Index+Applicable Margin+SOFR Adjustment Index […]
Intralot: Acquisition of shares of Intralot US Securities BV from minority shareholders
Intralot announced the completion of the acquisition by its wholly owned subsidiary in the Netherlands Intralot Global Holdings BV (IGH) of 33,227,256 common shares (or 33.23%) of Intralot US Securities BV from the current holders at a price of 3.65 per share (i.e. in total for 121,279,484.40 euros). Intralot US Securities BV indirectly owns 100% […]
Intralot: Full coverage of AMK – Withdrawal of 129.2 million euros
Intralot announced to the investing public the full coverage of its Share Capital Increase, with a right of preference in favor of existing shareholders, with a total of 129.2 million euros raised The increase of the share capital by payment of cash and m which was decided by the Board of Directors of the Company […]
Intralot: Negotiating with two US states on sports betting deals
By Matina Harkoftaki New investment opportunities in the US market are “seen” in the near future by Intralot, which seeks to place particular emphasis on the further development of its activities on the other side of the Atlantic. “In the US there is intense mobility and developments in the sports betting industry,” Chrysostomos Sfatos, the […]
Intralot: What does the next day bring after the AMK of 130 million euros
By Matina Harkoftaki Intralot is looking to the US market, aiming to “return as a global company, a position that had been lost due to the negative economic conditions recently”, as the president and CEO of the listed company, Socrates Kokkalis, pointed out. , in the context of the recent Extraordinary General Meeting. He has […]