Market announcement

Olympic Entertainment Group AS

LEI code

097900BHBZ0000064366

General information

Categories

Other price sensitive information

Unique data record identifier

5195

Submission date and time

22.10.2015 16:30:00

Content of announcement in Estonian

Title

Olympic Entertainment Group suurendab 100%-le kontserni osaluse Itaalia operatsioone haldavas ettevõttes The Box S.r.l.

Message

Olympic Entertainment Group AS (OEG) omandab 30%-lise osaluse Itaalia
tütarettevõttes The Box S.r.l., suurendades oma osalust 100%-le. Omandatud osa
suurus on 60 000 eurot. Kokku on The Box S.r.l. osakapital 200 000 eurot. 

30%-lise osaluse omandamine tütarettevõttes The Box S.r.l. toimub OEG
äripartnerilt ja kaasosanikult GHolding S.r.l. Poolte kokkuleppel tehingu
summat ei avaldata. Tehingu tulemusena puudub oluline mõju OEG kasumile,
varadele ja kohustustele. 

Tehingute järgselt kuulub OEG-le 100% valdusettevõttest The Box S.r.l., millele
omakorda kuulub 100%-liselt kaks Itaalia turul kasiinooperatsioonidega
tegelevat tütarettevõtet - Slottery S.r.l. ja Jackpot Game S.r.l. Kokku
opereerib The Box S.r.l. tütarettevõtjate kaudu Itaalia turul 14 kasiinot enam
kui 450 mänguautomaadiga. 

NASDAQ OMX Tallinna börsi reglemendi tähenduses on sõlmitud tehingute puhul
tegemist küll seotud isikuga (GHolding S.r.l. omas olulist osalust OEG
tütarettevõtjas The Box S.r.l.) sõlmitud tehingutega, kuid samas ei ole need
käsitletavad oluliste tehingutena seotud isikuga. OEG juhatuse ja nõukogu
liikmed ei ole tehingust muul viisil isiklikult huvitatud. OEG ei tasunud
GHoldingule tehingu raames oma aktsiatega ning GHolding S.r.l. ei oma OEG
aktsiaid. 



Madis Jääger
Juhatuse esimees
Olympic Entertainment Group AS
Tel + 372 667 1250
E-post [email protected]
http://www.olympic-casino.com

Content of announcement in English

Title

Olympic Entertainment Group is increasing to 100% its holding in The Box S.r.l., a company that manages operations in Italy

Message

Olympic Entertainment Group AS (OEG) is acquiring a 30% holding in the Italian
subsidiary The Box S.r.l., increasing its holding to 100%. The value of the
acquired part is 60,000 euros. The share capital of The Box S.r.l. amounts to
200,000 euros. 

A 30% holding in the subsidiary The Box S.r.l. is being acquired from GHolding
S.r.l., a business partner and joint owner of OEG. Parties have agreed not to
disclose the transaction price. The transaction will have no material impact on
OEG’s profit, assets or liabilities. 

Following the deal, OEG will own 100% of The Box S.r.l., which in turn owns
100% two subsidiaries engaged in casino operations on the Italian market:
Slottery S.r.l. and Jackpot Game S.r.l. In total, The Box S.r.l. operates 14
casinos with more than 450 gaming machines on the Italian market through its
subsidiaries. 

Although for the purposes of the Rules and Regulations of NASDAQ OMX Tallinn
Stock Exchange, the transaction is considered to be transactions with related
party (GHolding S.r.l. had a qualifying holding in OEG’s subsidiary The Box
S.r.l.), they do not constitute material transactions with a related party. The
management board and the supervisory board members of OEG are not personally
interested in this transaction in any other way. Under the transaction, OEG did
not pay GHolding using its shares, and GHolding S.r.l. owns no shares in OEG. 



Madis Jääger
CEO
Olympic Entertainment Group AS
Tel + 372 667 1250
E-mail [email protected]
http://www.olympic-casino.com