Market announcement

Olympic Entertainment Group AS

LEI code

097900BHBZ0000064366

General information

Categories

Other price sensitive information

Unique data record identifier

5956

Submission date and time

27.02.2017 09:00:00

Content of announcement in Estonian

Title

OEG Leedu tütarühing jaotatakse kaheks ettevõtteks

Message

OEG Leedus asuv tütarettevõte UAB Orakulas jaotatakse käesoleva aasta esimeses
pooles kaheks ettevõtteks. Jagunemise eesmärgiks on grupi struktuuri
korrastamine, eraldades kaughasartmängude tehnoloogilise platvormi ja
spordiennustusteenuse pakkumise nimetatud tütarettevõtte operatiivsest
tegevusest. Jagunemise järgselt omab OEG 100% mõlema ettevõtte aktsiatest. 

Tütarühingu jagunemine ei oma otsest mõju OEG kontserni majandustegevusele. OEG
juhatuse ja nõukogu liikmed ei ole tehingust muul viisil isiklikult huvitatud. 



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

The Lithuanian subsidiary of OEG will be demerged into two entities

Message

The Lithuanian subsidiary of OEG, UAB Orakulas will be demerged into two
entities within the first half of this year. The aim of the demerger is to
adjust the group structure by separating the technology platform of online
operations and trading and risk management for sports betting services from the
operational activities of the subsidiary. OEG will own 100% of the shares in
both entities after the demerger. 

The demerger of the subsidiary has no direct influence on the economic
activities of OEG Group. The members of the management and supervisory boards
of OEG have no personal interest in the transaction. 



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