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October 18, 2019
BUSINESS

SAZKA GROUP A.S. COMMENCES VOLUNTARY TENDER OFFER FOR THE ACQUISITION OF ALL OF THE SHARES OF OPAP S.A.

Further to the announcement of 8 July 2019, and following the approval of the Information Memorandum by the Hellenic Capital Markets Commission (“HCMC”) , SAZKA Group a.s. today announces the commencement of the voluntary tender offer (the “Tender Offer”) to all holders of shares in OPAP S.A. (“OPAP” or “the Company”), for the acquisition of all of the shares in the Company, except for the shares owned or controlled by the “Persons Acting in Concert with the Offeror”, namely Valea Foundation and the entities that are controlled by Valea Foundation1 , as specifically referred to in Section 3 of the Information Memorandum, including Emma Delta Hellenic Holdings Ltd.

OPAP shareholders wishing to accept the Tender Offer may tender their shares during the Acceptance Period of Tuesday 1, October 2019 until Tuesday 29, October 2019.

Further information on the Tender Offer can be found in the Information Memorandum.

Citi is acting as financial advisor to SAZKA Group a.s. on the Tender Offer. Alpha Bank S.A. is acting as Receiving Bank for the receipt of the Declarations of Acceptance.

For additional information, please see:

1) Announcement of 8 July 2019: http://www.helex.gr/documents/10180/5527440/863_5496_2019_English_1.pdf/7dfd0dfd-9410-4958-a386-3e82bec0bc5a

2) The Information Memorandum: https://www.sazkagroup.com/data/file_items/we63q-IM-EN-SAZKA-GOUP-A.S..pdf

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