Greek Organisation of Football Prognostics : KKCG and EMMA have agreed to divide the assets in the SAZKA Group

Athens 14 March 2019 - OPAP informs that KKCG Group, owned by Karel Komárek, and EMMA Capital, owned by Jiří Šmejc, have successfully concluded negotiations on the split of assets in the SAZKA Group. According with a joint announcement of both parties, the agreement has been signed today.

Following the transaction, the KKCG Group will hold 100% of the shares in SAZKA Group and all the shares which SAZKA Group holds in the Sazka Czech, the Greek OPAP, the Italian LOTTOITALIA and the Casinos Austria businesses. These businesses will continue to be associated with the SAZKA Group brand

EMMA will receive all shares in the Croatian sportsbook company SuperSport and will receive financial compensation of several hundred million euros. With this settlement, the existing shareholding ratio of both partners in the SAZKA Group, where KKCG owns 75% of the shares and EMMA Capital the remaining 25%, will be accurately adhered to.

Following the division of the SAZKA Group, both KKCG and EMMA will pursue their own separate investment strategies. There will be no impact on the operation of the individual SAZKA Group companies.

The completion of the transaction is subject to the approval of regulatory and competition authorities in respective countries.;