SAZKA Group is considering an initial public offering for its future development

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10 Nov 2017

London/Prague, 10 November 2017 – SAZKA Group a.s. (“SAZKA Group” or the “Company”), one of Europe’s largest lottery and gaming operators, is considering an initial public offering on the main market of the London Stock Exchange. To that end, Citigroup Global Markets Limited, J.P. Morgan Securities plc, which conducts its UK investment banking activities as J.P. Morgan Cazenove and Morgan Stanley & Co. International plc have been appointed as Joint Global Coordinators and Nomura International plc as Equity Adviser. If appropriate, further regulatory announcements will be made in due course.

Any such transaction would help facilitate the Company's continued growth, both in the markets in which it already operates and in new markets across Europe and globally.

The European lottery market alone is currently around €31Bn in size (gross win), exhibiting stable growth and maintaining its position as the largest sub-segment of the gaming industry.1

The SAZKA Group is managed by a highly experienced and entrepreneurial leadership team supported by owners who remain fully committed to the Company and view themselves as being long-term shareholders in the business.

Robert Chvatal, the SAZKA Group’s CEO, said: “Lotteries are in our DNA in all five countries where we operate. We believe in future growth via product innovations, customer experience in online as well as, when available, via further geographical expansion. We are evaluating several options to support our growth, including an initial public offering.’’

Notes to editors
The SAZKA Group is one of Europe’s largest lottery and gaming operators with household brands in Austria, Cyprus, Czech Republic, Greece and Italy. The aggregate annual amount of bets placed with companies in which the SAZKA Group holds an ownership interest are in excess of EUR 16 billion served through over 62 000 points of sale and offered under respective licences.

100% of the SAZKA Group gaming revenue is regulated and subject to applicable gaming tax. The SAZKA Group is strongly committed to responsible gaming, player protection and corporate social responsibility.

The Company is owned by two international investment groups, KKCG and EMMA Capital.

Media contact
Radek Nemecek
T: +420 727 982 885
E: radek.nemecek@sazkagroup.com
www.sazkagroup.com

Important notice
The information contained in this press release is for background purposes only and does not purport to be full or complete. No reliance may be placed by any person for any purpose on the information contained in this press release or its accuracy, fairness or completeness.

This press release is not for publication or distribution, directly or indirectly, in or into the United States. The distribution of this press release may be restricted by law in certain jurisdictions and persons into whose possession any document or other information referred to herein comes should inform themselves about and observe any such restriction. Any failure to comply with these restrictions may constitute a violation of the securities laws of any such jurisdiction.

This press release does not contain or constitute an offer of, or the solicitation of an offer to buy, securities to any person in any jurisdiction, including the United States, Australia, Canada or Japan.

The securities of the Company have not been and will not be registered under the U.S. Securities Act of 1933 (the "Securities Act"), or under any applicable securities laws of any state or other jurisdiction of the United States and may not be offered, sold, resold, transferred or delivered, directly or indirectly, in the United States unless registered under the Securities Act or pursuant to an exemption from, or in a transaction not subject to, such registration requirements and in accordance with any applicable securities laws of any state or other jurisdiction of the United States. No public offering of any securities discussed herein is being made in the United States.

This press release contains ‘forward-looking statements’ regarding the SAZKA Group and its subsidiaries and its future business. Such statements are not historical facts and may include opinions and expectations about management’s confidence and strategies as well as details of management’s expectations of new and existing programs, technology and market conditions. Although the SAZKA Group believe their opinions and expectations are based on reasonable assumptions, these forward-looking statements are subject to numerous risks and uncertainties, not all of which will be exhaustively explored in this announcement or elsewhere. Accordingly, the recipients should not regard such statements as representations as to whether such anticipated events will occur nor that expected objectives will be achieved. The recipients are reminded that all forward-looking statements in this announcement are made as of the date hereof and for the avoidance of doubt the SAZKA Group does not undertake to update any such statement made to reflect events or circumstances after the date hereof or to reflect the occurrence of unanticipated events. For the avoidance of doubt, the SAZKA Group does not accept any liability in respect of any such forward-looking statements.

Nomura International plc, which is authorised by the Prudential Regulation Authority and regulated by the Financial Conduct Authority and the Prudential Regulation Authority in the United Kingdom, is acting exclusively for the SAZKA Group and no-one else in connection with the matters set out in this announcement and will not be responsible to anyone other than the SAZKA Group for providing the protections afforded to clients of Nomura International plc or for providing advice in relation to the matters set out in this announcement.

Citigroup Global Markets Limited, J.P. Morgan Securities plc and Morgan Stanley & Co. International plc (together, the "Banks"), each of which is authorised in the UK by the Prudential Regulatory Authority and regulated in the UK by the Prudential Regulatory Authority and the Financial Conduct Authority, are acting exclusively for the Company and no-one else in connection with the matters set out in this announcement, and will not regard any other person as their client in relation to the matters set out in this announcement and will not be responsible to anyone other than the Company for providing the protections afforded to their respective clients or for giving advice in relation to the matters set out in this announcement.

1 Refers to EU28 countries. Source: H2GC.