Agreement with Novomatic

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10 Dec 2019

SAZKA Group a.s. (the “Issuer”) announces that on 10 December 2019 it has reached an agreement with Novomatic AG pursuant to which Novomatic AG agreed to sell to the Issuer 17.19% of its shares in Casinos Austria AG (the “Transaction”). 

The Transaction remains subject to various conditions precedent including, without limitation, applicable regulatory approvals and notifications. The completion of the Transaction is also subject to potentially applicable pre-emptive rights of other Casinos Austria AG shareholders as the result of which the Issuer may directly or indirectly acquire less shares than indicated above.

As part of the Transaction the Issuer and Novomatic AG also agreed to amicably settle the pending arbitration proceedings initiated by the Issuer in relation to June 2017 shareholders’ agreement.

About SAZKA Group

SAZKA Group is one of the largest pan-European lottery operators supported by iconic and long-established brands and a long history of operations in the Czech Republic, Greece and Cyprus, Austria and Italy. 100% of its gaming activities are regulated. SAZKA Group’s businesses operate under long-term and, in many cases, exclusive licenses and concessions, which have allowed them to enjoy leading and, in many cases, exclusive positions in all the markets in which they are present. SAZKA Group is strongly committed to responsible gaming principles, the protection of its customers and corporate social responsibility.

Investor enquiries:

Radek Nemecek

T: +420 727 982 885