RELEASE OF REGULATED INFORMATION OF LAW 3556/2007(AGREEMENT ANNOUNCEMENT)
PRESS RELEASE
RELEASE OF REGULATED INFORMATION OF LAW 3556/2007
OPAP announces the signing of a confidentiality agreement between the Company and the Hellenic Republic (HR) on September 12th, 2011. The agreement pertains to the exchange of financial and commercial information for the evaluation of the following intended actions:
a) The grant of one license for 35,000 Video Lottery Terminals (VLTs) to OPAP as provisioned by L.4002/2011, article 39 (Official Government Gazette: Α’ 180)
b) The feasibility assessment and the potential alternatives for the up to 34% sale (i.e. HR’s stake) of the company’s share capital
c) The potential extension of the exclusive 20-year concession license between the company and the HR, originally enacted on December 15th, 2000.
PERISTERI 13/09/2011
OPAP S.A.