Allwyn AG
Response to Hellenic Capital Market Commission
Following OPAP’s announcement on 30.09.2011 and in response to the Hellenic Capital Market Commission’s letter under protocol number 4465/30.09.2011, the company clarifies the following:
a) The total fee for the concession’s 10-year extension as well as the acquisition of the license for the operation of 35,000 VLTs stands at €935m. This will be financed through:
i) the company’s cash reserves
ii) debt issuance
iii) fees from subcontractors, related to the right to operate VLΤs following an international tender.
b) Subject to an EGM approval, the €375m payment for the extension of the concession will be made the day after the signing of the contractual agreement with the Hellenic Republic’s Asset Development Fund.